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＜Research＞CICC Chops NONGFU SPRING (09633.HK) TP to $45 as Bottled Water Sales Pressured
CICC released a research report forecasting that NONGFU SPRING (09633.HK) will post a high single-digit YoY revenue growth in 1H24, mainly driven by t...
AASTOCKS
＜Research＞CICC Lowers TP of CHOW TAI FOOK (01929.HK) to $9.13; Rapid Gold Price Hike Impacts 1FQ Sales
CICC covered in a report that CHOW TAI FOOK (01929.HK) announced its operating data for 1FQ25 ended June, with retail sales value down 20% YoY, includ...
AASTOCKS
＜Research＞BOCI: CHOW TAI FOOK (01929.HK) Has Limited Downside; Rating Hold Kept
CHOW TAI FOOK (01929.HK) reported a 20% YoY decline in retail sales in the first financial quarter ended June as weakening consumer sentiment and vola...
AASTOCKS
＜Research＞DBS Cuts TP of HANG LUNG PPT (00101.HK) to $9.71; Concerns of Retail Mkt Challenges Already Priced-in
DBS noted in a report that HANG LUNG PPT (00101.HK)'s Westlake 66 shopping mall in Hangzhou is expected to be completed in phases from the end of ...
AASTOCKS
＜Research＞CLSA: PBOC Optimises Interest Rate System; ABC & CCB Preferred Among CN Bank H-shrs
CLSA noted in a report that the PBOC had earlier announced a rate cut, in which the 1-year and 5-year LPRs were reduced by 10 bps, reflecting the cent...
AASTOCKS
＜Research＞M Stanley Maintains Overweight on ASMPT (00522.HK) as 2Q Results Miss
According to a report by Morgan Stanley, ASMPT (00522.HK) reported lower-than-expected results for 2Q with revenue of $3.342 billion, 4% and 3% higher...
AASTOCKS
CHINA RES BEER Once Slumps 9%, Weakest Blue Chip; NONGFU SPRING Sets New Low
Beer and beverage makers listed in HK drifted lower in the afternoon, with CHINA RES BEER (00291.HK) and NONGFU SPRING (9633.HK) briefly the two bigge...
AASTOCKS
＜On Move＞SINOPEC CORP Mounts 3%+ after Midday; CNOOC Climbs ~2%
SINOPEC CORP (00386.HK) opened flat today (24th) before its gains gradually expanded, and peaked at $4.98 after midday. The stock last printed at $4.9...
AASTOCKS
Short Selling Turnover $7.1B, or 22% of Eligible Securities Turnover at Midday
The short selling turnover of HK market at midday amounted to $7.1 billion, or 22% of the turnover of securities eligible for short selling, against 2...
AASTOCKS
＜Research＞CICC Lists Possible New Stocks for Southbound Stock Connect (Table)
Shares MARKETINGFORCE (02556.HK) QUANTUMPH-P (02228.HK) CHABAIDAO (02555.HK) QUNABOX GROUP (00917.HK) AUTOSTREETS (02443.HK) TIANLI ...
AASTOCKS
＜Research＞CICC Lists Possible New Blue Chips for H Shrs (Table)
CICC released a report, stating that the Hang Seng Indexes Company will announce the results of the semi-annual review of the Hang Seng family of inde...
AASTOCKS
＜Research＞CICC Predicts INNOVENT BIO, XPENG & Others May Join HSI at Interim Index Review; 25 Stocks May Enter Stock Connect Scope
CICC wrote a report that after market close on 16 August, Hang Seng Indexes Company will announce the semi-annual review results of the Hang Seng fami...
AASTOCKS
＜Midday Takeaway＞Top 5 Gainers among ETFs; X CSOPCHINEXT-R (83147.HK) Surges 5.4% Topping Chart
X CSOPCHINEXT-R (83147.HK) closed at CNY$5.82,up 5.4%. XI2CSOPUSOILGAS (07505.HK) closed at HK$6.405,up 3.1%. XI2CSOPHSTECH (07552.HK) c...
AASTOCKS
＜H Shrs＞HSI Declines 108 pts at Midday; ASMPT Crashes ~20%, while Autos & Consumers Wane
HSI declined 108 points or 0.6% to 17,361 at half-day. HSCEI decreased 31 points or 0.5% to 6,163. HSTECH waned 30 points or 0.9% to 3,514. Half-day t...
AASTOCKS
＜Midday Takeaway＞HSI Closes Midday at 17,361, Down 108 pts; HSTI Closes Midday at 3,514, Down 30 pts; AIA Down over 3%; POWER ASSETS, L'OCCITANE Hit New Highs
At midday close, HSI dropped 108 pts or 0.6% to 17,361. HSTI dropped 30 pts or 0.9% to 3,514. HSCEI fell 31 pts or 0.5% to 6,163. Active Heavyw...
AASTOCKS
LENOVO Targets All PCs to Gear with AI Functions in 2027
Luca Rossi, head of LENOVO GROUP (00992.HK)’s Intelligent Device Group (IDG), told The Nikkei its plan to equip all new personal computers (PCs)...
AASTOCKS
XIAOMI Lei Jun: Defence Function Against Outside Voice Commands on SU7 Cars Mulled to be Online in Aug
XIAOMI-W (01810.HK) founder, Chairman and CEO Lei Jun wrote on Weibo that the group's self-researched sound foundation model has been dedicated to...
AASTOCKS
NTES-S Elevates 4.7% as 'Naraka：Bladepoint' Mobile Public Beta Pre-registration Surpasses 40M
NTES-S (09999.HK)'s share price ascended this morning, and last elevated 4.7% to $149. NTES-S' “Naraka：Bladepoint” mobile g...
AASTOCKS
＜Research＞Nomura Lowers ZTE (00763.HK) TP to $22, Rates Buy
A recent Nomura report has revealed that Nomura, while maintaining a Buy rating on ZTE (00763.HK), lowered its TP from $23 to $22 in the belief that Z...
AASTOCKS
＜Research＞Nomura Reduces WUXI APPTEC (02359.HK) TP to $43.45, Cuts Earnings Forecasts to Reflect Geopolitical Uncertainty
In a research report, Nomura lowered its revenue forecasts for WUXI APPTEC (02359.HK) by 5.3% and 4.9% for this year and next respectively, and its pr...
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