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＜Research＞Nomura Lowers WUXI XDC (02268.HK) TP to $28.91, Reflecting Volatile Mkt & Geopolitical Uncertainty
Nomura expected WUXI XDC (02268.HK) to achieve strong growth in revenue and profit in 1H, which is forecasted to rise 44.3% and 45.3% YoY respectively...
AASTOCKS
＜Research＞JPM: Homeowners in Chongqing Demand Mgmt Fee Cut; Spread of Action to More Cities Will Pressure Profits of Property Managers
JPMorgan highlighted in a research report that since June, homeowners in several districts of Chongqing have demanded to lower their management fees, ...
AASTOCKS
＜Research＞CLSA Trims CHOW TAI FOOK (01929.HK) TP to $7.5, Cuts Rev./ Earnings Forecasts
CHOW TAI FOOK (01929.HK)'s same store sales growth was weak in 1FQ25, and that July's trend was similar to that of 1Q24, implying a downside t...
AASTOCKS
＜Research＞CLSA Lifts HKEX (00388.HK) TP to $287, Expects 2Q Profit to Grow 11%
CLSA released a research report estimating that HKEX (00388.HK) will post a 9% YoY increase in revenue and an 11% YoY growth in net profit after tax i...
AASTOCKS
HK-listed EVs Infected by Tesla's Slump; XPENG, LEAPMOTOR Crater 5%+
Tesla (TSLA.US) reported quarterly results that fell short of expectations, eclipsing the electric vehicle (EV) stocks listed in Hong Kong. XPENG-W (0...
AASTOCKS
＜Research＞Daiwa Downgrades CHOW TAI FOOK (01929.HK) to Underperform, Slashes TP to $7
Daiwa released a research report downgrading CHOW TAI FOOK (01929.HK) from Buy to Underperform, and slashing its target price by half from $14 to $7 ...
AASTOCKS
＜Research＞Jefferies Trims NONGFU SPRING (09633.HK) TP to $37.4, Predicts 1H24 NP Up 6.8% YoY
Jefferies forecasted in a research report that continued strong sales of NONGFU SPRING (09633.HK)'s ready-to-drink tea products will drive first-h...
AASTOCKS
HK stocks tread water ahead of PCE on Friday
The Hang Seng Index fell 14.93 points, or 0.09 percent, to open at 17,454.43 points on Wednesday. The US central bank's monetary policy is back in foc...
RTHK·HK
Wholesale Price of NONGFU SPRING Barreled Water Product Lifted by 20%: Report
NONGFU SPRING (09633.HK) raised the wholesale price of its barreled water product, according to people with the knowledge of the matter quoted by Chin...
AASTOCKS
Hon Hai Reveals New Foxconn HQ to Be Set up in Zhengzhou with RMB1B
Hon Hai Technology Group announced that after its Foxconn Technology Group and the Henan Provincial Government signed the Strategic Cooperation Agreem...
AASTOCKS
＜Research＞UBS Cuts HKEX (00388.HK) TP to $261, Expects 2Q24 NPAT to Rise 10% YoY
HKEX (00388.HK) is expected to announce its interim results on 21 August. UBS forecasted in a report that the group's net profit after tax would r...
AASTOCKS
＜Research＞UBS Cuts CHOW TAI FOOK (01929.HK) TP to $12.3; Short-term Demand Pressured by Gold Volatility
UBS released a report, lowering its FY25 to FY27 EPS forecast for CHOW TAI FOOK (01929.HK) by 4% to 12%, reflecting the short-term pressure on industr...
AASTOCKS
＜Research＞BofAS Cuts CHOW TAI FOOK (01929.HK) TP to $9.3, Expects Sales to Remain under Pressure
BofA Securities issued a research report lowering its FY2025 earnings forecast for CHOW TAI FOOK (01929.HK) by 8%, reflecting weaker-than-expected sam...
AASTOCKS
HK TECH VENTURE (01137.HK) Rises 6.81%; Buyback at 20% Premium Receives 2.2x Valid Acceptance
HK TECH VENTURE (01137.HK) opened flat today, peaking at $2.05. It last printed at $2.04, up 6.81%, on a volume of 805,000 shares and a turnover of $1...
AASTOCKS
＜Research＞Citi Trims CHOW TAI FOOK (01929.HK) TP to $11.4 as 1FQ25 Sales Weaker than Expected
CHOW TAI FOOK (01929.HK)'s 1FQ25 retail sales value dropped 20% YoY, worse than expectations, as demand dampened by historical high gold price and...
AASTOCKS
＜H Shrs＞HSI Opens 14 pts Lower as NTES, HENGAN INT'L Leap; ASMPT Sold off
Hong Kong stocks opened lower in the morning session. The HSI opened 14 points or 0.1% lower at 17,454. The HSCEI opened 5 points or 0.1% lower at 6,1...
AASTOCKS
Tesla Craters 7.8% in After-hr Session as Cost Cut May Not Be as Expected for Affordable Models to Be Launched in 2025
Tesla, Inc. (TSLA.US), an US EV maker, released its results after the market closed. Tesla's share price cratered 7.8% to US$227.23 in after-hour ...
AASTOCKS
HKADR Projects HSI to Open Down 44 pts to 17,425
ADR Code│Relative price (HKD)│Premium of HK stocks vs ADR (%) CKHUY.NASD OTHER│40.593│1.13% CLPHY.NASD OTHER│65.886│-0.51% HOKCY.NASD OTH...
AASTOCKS
ZEEKR (ZK.US) Confident to Achieve Full-yr Sales Target; Expansion in Lower-tier CN Mkts During 2H24
Speaking on a TVB program, Yuan Jing, CFO of ZEEKR Intelligent Technology (ZK.US), a subsidiary of GEELY AUTO (00175.HK), said 1H24 deliveries had dou...
AASTOCKS
$680B Shrs Transfer From JPM to HSBC in CCASS, Involving 1,400 Species; Move Likely Related to Biz Outsourcing
Local press reported that JPMorgan indicated in March this year its intention to outsource its Hong Kong local custody business to HSBC, and its Taiwa...
AASTOCKSChina's assets explosion and the high record global capital influx hit
WikiStockHong Kong Stocks Surge, Hang Seng Index Opens Up 543 Points
WikiStockChina's bailout policy triggers LVMH and Hermès to rise nearly 10%
WikiStockWill policies boost confidence and the A-share market live up to expectations?
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