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Non-collateralized Nature of Structured Products
中共中央政治局上周五(25日)召開會議，強調加快地方政府專項債券，超長期特別國債等發行使用，適時降準降息，並加力支持實體經濟。港股上周五隨外圍高開171點，並重上22000點關口，午後曾高見22267點，全日升幅收窄至70點，10天綫上穿100天綫現黃金交叉。
傳媒報道，京東集團(09618)計劃發行最多15億人民幣的境內定向債務融資工具。另該股被券商下調2025及2026財年的經調整淨利潤預測10%及4%，並降低其目標價。京東股價上周五先升後跌，低位曾見123.2元，於250天綫下尋底，單日跌0.3%，STC則逐步進入超賣區。倘認為京東調整將完成，可留意新上市京東購(16296)，行使價188.88元，12月底到期。反之，如認為沽壓仍在，可留意京東沽(25244)，行使價121.88元，8月上旬到期。
內房股上周五早段曾受追捧，龍湖集團(00960)股價曾升9.5%高見11.7元，惟午後打回原形，全日更倒跌0.5%，250天綫得而復失。倘認為該股整固後能再闖牛熊分界綫，可留意市場獨家龍湖購(26961)，行使價12.88元，6月中旬到期，宜留意此產品年期較短。
周大福(01929)公佈，截至今年3月底止三個月，零售值按年跌11.6%，當中佔集團零售值89.6%的內地市場同比跌10.4%。周大福股價上周五遇沽壓，曾挫逾4.5%，暫守20天綫。如預期周大福整固後能展升勢，可留意周福購(25818)，行使價10.68元，26年2月上旬到期。
山東黃金(01787)周一(28日)派業績，其股價上周曾逼近歷史高位，及後隨金價回吐，上周五考驗10天綫，單日挫逾1%，STC於超買區發出沽貨訊號。如認為該股業績有望優於市場預期，可留意東金購(16204)，行使價33.88元，10月下旬到期。
* 截至2025年4月25日，資料僅供參考之用。
| Date (D-M-Y) |
Time | Title |
| 02-06-2025 | PM | 內房股受壓 留意獨家萬科購13729、龍湖購16422 |
| 02-06-2025 | AM | 關稅禁令再被推翻 留意瑞聲沽29486、新上市購17105 |
| 30-05-2025 | AM | 順豐控股創上市新高 留意市場獨家購16594 |
| 29-05-2025 | PM | 市傳SHEIN或改來港上市 留意港交購28301 |
| 29-05-2025 | AM | 名創股價持續走弱 留意新上市購17004 |
| 28-05-2025 | PM | 金山系今日放榜 留意金軟購25298、金雲購16593 |
| 28-05-2025 | AM | 翰森製藥見3年多高位 留意新上市購16955 |
| 27-05-2025 | PM | 泡泡瑪特又破頂 留意沽16889、購16797 |
| 27-05-2025 | AM | 航空股逆市起飛 留意獨家南航購23406、國航購29756 |
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