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HKD1.3B Southbound Trading Net Inflow to TRACKER FUND
HKD1.3B Southbound Trading Net Inflow to TRACKER FUND
AASTOCKS
More rate cuts by PBOC to come: economists
Economists are anticipating more interest rate cuts by the mainland‘s central bank this year, after the People’s Bank of China (PBOC) announced the re...
RTHK·HK
HK Jun CPI YoY Hike Expedites to 1.5%, Topping Forecast
The Census and Statistics Department (C&SD) released today (22nd) the Consumer Price Index (CPI) figures for June 2024. According to the Composite...
AASTOCKS
Tencent Cloud, Easy Click Deepen Co-op in Cloud Computing, Media and Pan-entertainment Ecosystems
EASY CLICK WORLDWIDE (301171.SZ) announced deepened cooperation with Tencent Cloud. Both parties will join forces in cloud computing, media and pan-en...
AASTOCKS
＜Research＞Citi: CN Property Mkt Still in Recovery as Soft Landing Coming; CR LAND, BEKE Among Top Picks
According to a recent Citi Research report, Citi Research conducted a proprietary China Property Survey of 3,000 households, finding that 49% of selle...
AASTOCKS
BABA-SW (09988.HK) to Launch B2B Platform Dedicated for S Korean Merchants on 8 Aug
BABA-SW (09988.HK) announced that it has officially launched South Korea Pavillion, a dedicated B2B platform for South Korean enterprises, on 8 August...
AASTOCKS
SHANGRI-LA ASIA (00069.HK) Raises RMB1B With Issuance of 2 Tranches of Panda Bond
BANK OF CHINA (03988.HK), CMSC (06099.HK), and CM BANK (03968.HK) announced that SHANGRI-LA ASIA (00069.HK) recently successfully issued 2 tranches of...
AASTOCKS
Short Selling Turnover $8B, or 18.8% of Eligible Securities Turnover at Midday
The short selling turnover of HK market at midday amounted to $8 billion, or 18.8% of the turnover of securities eligible for short selling, against 2...
AASTOCKS
＜Research＞CICC Latest Strategic Top Picks for Overseas CN Stocks (Table)
CICC released a report on its latest strategic top picks for overseas Chinese stocks: Stocks│EPS Change Forecast for 2024 TENCENT (007...
AASTOCKS
＜Research＞CICC: Re-entry Into High Div. Theme Should Wait Until Sufficient Pullback; Prefers Semiconductors/ Autos/ Medias/ Softwares/ Biotechs in Short Term
CICC highlighted in a report HSI saw a sharp retracement last week, especially last Friday (19th), sending it once again below 18,000. Correspondingly...
AASTOCKS
BABA-SW Releases ESG 2024 Report: Clean Power Usage Rises to 39%
BABA-SW (09988.HK)(BABA.US) released its report of Environmental, Social and Governance (ESG) 2024. It stated that the Group's net carbon emission...
AASTOCKS
＜Research＞G Sachs Ratings, TPs on HK Conglomerates & Landlords (Table)
Shares | Ratings | Target prices (HK$) Landlord Stocks WHARF HOLDINGS (00004.HK) | Sell | 26 -＞ 25 HYSAN DEV (00014.HK) | Neutral | 15...
AASTOCKS
＜Research＞CLSA Adjusts TPs for NONGFU SPRING (09633.HK), U-PRESID CHINA (00220.HK), TINGYI (00322.HK)
China's beverage sector has faced a string of events over the past few months, including several media incidents, the water price war, and TINGYI ...
AASTOCKS
＜Research＞BofAS Hikes SUNNY OPTICAL (02382.HK) TP to $70; Profit Alert Beats
SUNNY OPTICAL (02382.HK) announced a positive profit alert, expecting net profit for the six months ending June 2024 to soar 140%-150% YoY to RMB1.05-...
AASTOCKS
＜Research＞UBS Lowers Li Auto (LI.US) TP to US$30, Rates Buy
UBS highlighted in a report that Li Auto's (LI.US) US share price has crumpled 45% since March this year, which is believed to be due to investors...
AASTOCKS
＜Research＞M Stanley Trims CHINA OVERSEAS (00688.HK) TP to $14.8, Cuts Contract Sales Forecast
Morgan Stanley released a research report, lowering its contracted sales forecast for CHINA OVERSEAS (00688.HK) for 2024 by 10% to RMB276.4 billion in...
AASTOCKS
＜Research＞HSBC Global Research Cuts TP of NWD to $6.5; Deleveraging Sees Progress But No Fundamental Turnarounds Yet
HSBC Global Research commented that more patience would be needed for NEW WORLD DEV (00017.HK). While the broker saw progress in deleveraging, the com...
AASTOCKS
＜Research＞G Sachs Trims TPs for HK Landlords, But Adds TPs for CKA & SWIRE PACIFIC A
Goldman Sachs wrote in a report that Hong Kong conglomerates it covered briefly performed better in April and May this year after accumulating a 20% t...
AASTOCKS
＜Research＞G Sachs Lifts XIAOMI-W (01810.HK) TP to $23.2, Rev. Forecast
Goldman Sachs, in a research report, revised up its revenue forecasts for XIAOMI-W (01810.HK) by 2%-3% for 2Q24E and 2024-26E, reflecting firmer long-...
AASTOCKS
＜Research＞CLSA Reduces TPs on FLAT GLASS & XINYI SOLAR, Cuts Industry Earnings Forecasts
In a recent report, CLSA lowered its earnings forecasts for the PV stocks it covered, pointing out that the prices of polysilicon products for the ent...
AASTOCKS
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