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20 18 Stock Futures Analysis Report
Aide Securities and Futures Research Department believes that there has been a wave of short selling in the mainland market after the release of the futures index. At the same time, the position of some equity funds in the mainland market exceeds 88%, and the momentum for the market to continue to rise is facing exhaustion. A The stock market plunged on Monday, which is expected to drag down the state-owned enterprises and blue-chip stocks in Hong Kong, and the Hang Seng Index will be greatly affected. However, the overall valuation level of the Hong Kong stock market is still relatively good, and the rise is more rational. The bottom support of the Hang Seng Index is still strong. The Hong Kong market may enter the stage of shock correction, waiting for US stocks to choose the next direction at the end of the quarter.

External market: This week, a number of technology companies will release financial reports. The three major indexes have different ups and downs. The White House ended the exemption policy of "Iranian oil export sanctions", and US oil closed up 2.66%, hitting a new high in the past six months. Tesla fell. 3.8%, Zoom increased by nearly 6%, and JD.COM decreased by 1.2%. Tiger Securities closed down 6.573 days, with a cumulative decline of about 30%. Yesterday, the S&P 500 index closed higher. 2.94 points, up 0. 10% to 2907.97 points. The Dow closed down 48.49 points, or 0. 18%, to 265 1 1.05. The Nasdaq closed up 17.2 1 point, or 0.22%, at 80 15.27, the highest closing since 20 18 and 10.

Operating conditions: CLP Holdings mainly sells electricity. According to the financial report of 20 18, the total electricity sales of CLP Holdings in Hong Kong accounted for 44.47% of its revenue, electricity sales outside Hong Kong accounted for% 42.79%, and gas sales accounted for 6.72%. Compared with 20 17, the electricity sales in Hong Kong increased slightly by 65.438% to 33.662 billion kWh, which was mainly driven by the needs of commercial, infrastructure and public service customers. In addition, as the power supply contract of our company in Shekou, South China expired in June 2065438+2008, the power consumption in Chinese mainland decreased by 58.5% to 556 million kWh. Therefore, the total electricity sales decreased slightly in 20 18 years. 0.8% to 34.21.800 million degrees. The company's revenue was HK$ 965,438+42.5 million, down 0.7% year-on-year; The total profit during the period was HK$ 65.438+03.55 billion, down 4.9% year-on-year; Earnings per share were HK$ 5.36.

Although US stocks rose, the Hang Seng Index opened lower at 16 points in the morning, but it rose to 199 points to 20 points and 995 points in the early days of exchange rate control, but it was dragged down by the mainland stock market and China stock market before noon, which led to the Hang Seng Index falling by more than 50 points to 20 points and 737 points, and closed at 20 points and 757 points for half a day, down by 38 points or the index of state-owned enterprises fell by 77 points. That is, the monthly index reported 20746, up 1 point, lower than the spot 12 point, with a turnover of 40,221. After the US stock market opened in early trading on Tuesday, most of the time it was easy competition. However, with the support of rising bank stocks and stable economic data, the US stock market continued to close. The Dow and the Nastan index rose by 34 points (9 points and 320 points) and 3 points (2 points and 0 1 1 point) respectively. Hong Kong Hang Seng Index opened at 20: 00, with 779.77 points down 16.66 points, or 0.08%.

After the opening on Friday, it opened lower and went lower, and then rose. This is a process of bottoming out again. The market began to rebound at 3330, but did not continue to fall, making the bottom more solid. After the sharp opening, the shock went up. Taking advantage of the bearish situation of the sharp decline in US stocks, we effectively washed the dishes and once again explored the support level of 330, which has been repeatedly verified recently. There is no collapse, which proves that the support point is very solid. The market fell sharply, but the volume of transactions shrank again, indicating that there were few panic orders, and the main funds were not shipped, but the attraction was low. If there are many panic plates and the main force is moving, then the volume will inevitably expand, and the decline will not be less than one percentage point, but three percentage points to keep up with the two rounds. The main force still exists, and there are not many panic discs. This is a successful dish washing.