On January 4, the three major indexes of Hong Kong stocks opened higher and lower in early trading, and began to pull back in the afternoon, with the Hang Seng Index successfully recovering its decline, while the National Index and the Hang Seng Index turned slightly red.。By the close, the Hang Seng Index closed flat at 16,645.98; Hang Seng SOE Index closes up 0.36%, at 5649.23 points; Hang Seng Tech up 0.23%, at 3,654.94 points。

On the day of the Hong Kong stock market, North Water traded net buy 21.HK $5.1 billion, of which HK Stock Connect (Shanghai) traded a net purchase of 1.7.HK $7.6 billion, Hong Kong Stock Connect (Shenzhen) net buy 3.HK $7.5 billion。

Sectors and Fundamentals

From the market point of view, today's science and network stocks rose, some stocks such as Baidu, Bilibili, Xiaomi, Jingdong, Netease, Alibaba and other stocks rose slightly, while Tencent, Meituan and other stocks fell。Shipping stocks remained strong throughout the day as Red Sea tensions continued。In addition, education stocks, oil stocks, coal stocks, water stocks and other sectors led the gains.。On the other hand, auto dealers, aviation stocks, biomedicine, sporting goods stocks and other sectors fell more。

Fundamentally, recently, the Ministry of Education issued a notice that it will select about 1,000 national online quality courses for vocational education to promote the development and open sharing of high-quality digital resources for vocational education.。The declared courses are included in the secondary vocational education, higher vocational education (including higher vocational colleges, vocational undergraduate) related professional talent training programs and the actual courses offered in teaching, including public basic courses, professional (skills) courses (including internship training), etc.。It is understood that the recommended courses to access the national vocational education wisdom education platform, commitment to provide not less than 5 years of teaching services, and dynamic update of teaching resources。Guangfa Securities pointed out that the education sector performance and valuation of the double repair trend can continue.。Since the beginning of the year, the education industry has highlighted the attributes of rigid demand, the rapid recovery of business development after the lifting of external influencing factors, while the steady improvement of policy sentiment supports the valuation to a reasonable pivot repair.。

International shipping giant Maersk announced on Tuesday that the suspension of all cargo ships crossing the Red Sea will continue.。This means that vital Asia-Europe shipping lanes continue to be blocked and international shipping prices soar.。Reduced throughput on key routes, increased costs for logistics companies。Since October 2023 to January 1 this year, the price of shipping from Shanghai to the United States and Europe has risen sharply, and the price of shipping containers to New York has soared to about $4,857.。In terms of price increases, they have risen between 75% and 147% since October last year.。

In this regard, Xiaomo pointed out that as the Red Sea crisis worsens, more and more shipping companies are suspending shipping lanes in related areas, so the only option is to reroute along longer routes。Unlike the Suez Canal blockage in 2021, the Panama Canal and Suez Canal are facing crises at the same time, caused by climate change and military operations, respectively.。The latest developments are expected to further exacerbate the supply chain dilemma, given that the drought has already caused Panama Canal transit restrictions。The container shipping industry will be the biggest beneficiary, followed by tankers and bulk carriers.。

OPEC and non-OPEC producers reaffirmed their commitment to unity, full cohesion and market stability, OPEC said in a statement on its website on January 3, local time.。In addition, Libya's largest oil field, Shalala, has been temporarily shut down due to local protesters obstructing production, with the field producing 300,000 barrels per day, and protesters calling for local reforms to increase employment and improve health care, otherwise the protests will continue, the recovery time of the field is unknown, and the Libyan Oil Company is mediating from it and hopes to resume production within 72 hours。International oil prices rose significantly overnight, with WTI crude oil futures settling at 72.$70 a barrel, up 3.3% or 2.32 美元。Brent crude oil futures March contract settlement price at 78.$25 a barrel, up 3.11% or 2.36美元。

Increase or decrease in institutional holdings

According to the HKEx, on December 28, JPMorgan Chase increased its holdings by ninety-nine 150.20.44 million shares at a price of 6.HK $0619, total increase of approximately 910.HK $520,000。The latest number of holdings after the increase is about 1..01 billion shares, shareholding ratio changed to 7.02%。

On December 28, JPMorgan reduced its holdings of Pacific Shipping 608.30.02 million shares at a price of 2.HK $5,658, total reduction of approximately 1,560.HK $780,000。The latest number of shares held after the reduction is about 3..1.3 billion shares, shareholding changed to 5.94%。

On January 2, Futu Trustee Limited increased its holdings in Zhongkang Holdings 583.650,000 shares at a price of 5.HK $6,801, with a total increase of approximately 3,315.HK $190,000。The latest number of shares held after the increase was 42.65 million shares, and the shareholding ratio was changed to 9.44%。

New Stock News

According to the Hong Kong Stock Exchange, on January 2, Gu Ming Holdings Limited (hereinafter referred to as "Gu Ming") submitted a listing application to the main board of the Hong Kong Stock Exchange, with Goldman Sachs and UBS as joint sponsors.。

According to the Hong Kong Stock Exchange, on January 2, Honey Snow Ice City Co., Ltd. (hereinafter referred to as "Honey Snow Ice City") submitted a listing application to the main board of the Hong Kong Stock Exchange, with joint sponsors including Bank of America, Goldman Sachs and UBS Group.。