The Maritime and Port Bureau announced that the throughput of Hong Kong port containers last month was 1.579 million TEUs TEU fell 5.7% year-on-year, and fell 23 months in a row
The total container throughput of 2019 was 18.364 million TEUs, a year-on-year decrease of 6.3%. At present, Hong Kong’s re-exports and container throughput have gradually challenged the longest consecutive decline in 25 consecutive months from July 2014 to July 2016.
In addition, the retail market has also declined sharply, and merchants have closed stores in succession to save costs
Chow Tai Fook (1929) plans to close 15 stores in tourist areas such as Causeway Bay, Mong Kok and Tsim Sha Tsui in the new fiscal year starting in April this year, accounting for about 17 of Hong Kong’s operating scale %; And Sa Sa (178) also intends to maintain the target of closing about 25 stores in the next 18 months, and the number of closed stores is also in the tourist area.
On the eve of the signing of the first-phase trade agreement between China and the United States, Hong Kong stocks rose first and then returned. The Hang Seng Index rose by nearly 100 points in the early stages. However, at the 29,000 mark, it once fell 266 points to 28,619. At 28,773, it fell 111 points or 0.4%. The H-Share Index closed at 11,295, down 59 points or 0.5%. The total turnover for the whole day decreased slightly to 100 billion yuan.
The new stock “Frozen Capital King” Jiu Mao Jiu (9922) was listed on the first day, closing at 10.32 yuan, 56% higher than the offer price, and making 3,720 yuan per book
Alibaba (9988) was reduced by shareholder Altaba (formerly Yahoo), and its stock price fell below 220 yuan; it closed at 220.8 yuan, down 1.2%. Tencent (700) rose to 403 yuan in the early stages, then retreated and fell below four red bottoms, closing at 398.8 yuan, down 0.4%. Meituan Review (3690) remained tough, closing at 114.1 yuan, up 1.6%.
Stone Technology, a subsidiary of the Xiaomi Ecological Chain, was approved to register with Shanghai Science and Technology Innovation Board. Xiaomi Group (1810) rose above 12 yuan to close at 12.26 yuan, up nearly 5%. With Kingsoft (3888), it soared 11% and closed at 24.1 yuan.
Other heavyweights developed individually. CNOOC (883) closed down 2.3%; Ping An (2318) closed at 95.2 yuan, down 1.3%; AIA (1299) closed at 86.65 yuan, down 0.7%; China Mobile (941) closed at 65.8 , Down 0.4%; HSBC (005) bucked the market and closed steady at 59.8 yuan; the Hong Kong Stock Exchange (388) repeatedly rose to close at 279.8 yuan, up 0.8%.
Since the news of the signing of the first-phase trade agreement between China and the United States and the steady situation of the United States and Iran have been largely reflected, coupled with the Lunar New Year holiday, the market is waiting to see a stronger atmosphere. It is expected that the capital will not be purchased in large quantities at this stage, and the transaction will also weaken. It is expected that the remaining few trading days before the holiday will still tend to narrow at the current level.