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＜Research＞CLSA Downgrades GANFENGLITHIUM (01772.HK) to Hold, Cuts TP to $18.4
CLSA released a research report that global supply of lithium chemicals drifts higher while demand has not revived. The broker suggested a lack of cat...
AASTOCKS
＜Research＞CLSA Lowers PING AN (02318.HK) TP to $50.1, Rates Outperform
A recent CLSA report has revealed that PING AN (02318.HK) will announce its 1H24 results on 22 August. The broker expects further improvement in the 2...
AASTOCKS
＜Research＞UBS: SUNNY OPTICAL Positive Profit Report Beats, Positive Shr Price Reaction Expected
SUNNY OPTICAL (02382.HK) issued a positive profit report, forecasting profit growth in 1H24 mainly due to a recovery in the handset market and a bette...
AASTOCKS
＜Research＞M Stanley Raises BOC HONG KONG (02388.HK) and HANG SENG BANK (00011.HK) TPs, Strong 2Q Results Expected
A recent Morgan Stanley report has revealed its expectation for 2Q24 results at Hong Kong banks to stay strong with further share buybacks. Even thoug...
AASTOCKS
SUNNY OPTICAL (02382.HK) Ebbs Persistently despite Positive Profit Alert, Last Dives ~4%
SUNNY OPTICAL (02382.HK) issued a positive profit alert earlier and opened up 2.59% today. It peaked at $49.95 in early session but turned south later...
AASTOCKS
＜Research＞M Stanley Expects SUNNY OPTICAL Positive Profit Alert to Benefit Shr Price, Rates Overweight
Morgan Stanley noted in a report that it expected a positive share price reaction to SUNNY OPTICAL (02382.HK)'s positive profit alert, and believe...
AASTOCKS
HK market opens lower, despite mainland rate cuts
The Hong Kong market edged lower in early trade on Monday. shrugging off rate cuts on the mainland. The Hang Seng Index was 0.2 percent lower at 17,37...
RTHK·HK
＜Research＞M Stanley: HANG SENG BANK to Announce Interim Results Next Wk; Further Buyback Expected as Shr Price Catalyst
Morgan Stanley highlighted in a report that HANG SENG BANK (00011.HK) will announce its interim results at the end of the month. The broker expected t...
AASTOCKS
＜Research＞BOCOMI Expects BABA-SW (09988.HK) 1FQ Total Rev. to Hike 7% YoY, Adj. EBITA Margin to Drop 2 ppts
BOCOMI wrote in a report that it expected BABA-SW (09988.HK) to report 1FQ25 revenue of RMB251 billion, up 7% YoY, and an adjusted EBITA margin of 17%...
AASTOCKS
＜H Shrs＞HSI Grows 47 Pts; XPENG Up ~3%
The HSI opened 47 pts or 0.3% higher at 17,465. The HSCEI opened 15 pts or 0.3% higher at 6,181. The HSTECH opened 13 pts or 0.4% higher at 3,550. ...
AASTOCKS
PBOC Adjusts 7-day Reverse Repo Interest Rate to 1.7% from 1.8% from Tdy
The People's Bank of China (PBOC) announced that, in order to optimize the operation mechanism of the open market, the 7-day reverse repurchase op...
AASTOCKS
XIAOMI Showcases BEV Racing Car 'SU7 Ultra Prototype', Tells Interested Customers to 'Wait for Mass Production'
XIAOMI-W (01810.HK) held its “Lei Jun Annual Speech 2024” event on Friday (19th), showcasing Xiaomi Automobile's newest pure electric ra...
AASTOCKS
BYD Auto Japan Mulls Expanding Sales Network to 90 Shops, Covering the Whole Country
Atsuki Tofukuji, president of BYD COMPANY (01211.HK) subsidiary BYD Auto Japan, revealed earlier in an interview with foreign media that the subsidiar...
AASTOCKS
Lei Jun Foresees Xiaomi SU7 to Meet Annual Delivery Target of 100K Cars in Nov Ahead of Schedule
XIAOMI-W (01810.HK) Founder, Chairman and CEO Lei Jun said in his fifth annual speech that the current order volume of Xiaomi SU7 is close to 100,000 ...
AASTOCKS
GAC Toyota Denies Quitting the Price War
Recently, there have been rumours that GAC Toyota will follow the strategy of BMW and other luxury fuel brands to withdraw from the price war and will...
AASTOCKS
Tencent Cloud Unveils Domestically Developed Server Operating System 'TencentOS Server V3'
Hu Liming, Vice President of Tencent Cloud, a subsidiary of TENCENT (00700.HK) (TCEHY.US), unveiled the new TencentOS Server V3, a domestically develo...
AASTOCKS
Book fair exhibitors must comply with laws: HKTDC
The organiser of a book fair in Wan Chai on Sunday reminded exhibitors to comply with event regulations and all applicable laws in Hong Kong, includin...
RTHK·HK
Online sales sector needs to be strengthened: FS
Financial Secretary Paul Chan on Sunday said Hong Kong should strengthen its online sales sector. Writing on his blog, Chan said online retail sales h...
RTHK·HK
Airports start to return to normal after global outage
Planes were gradually taking off again on Saturday after global airlines, banks and media were thrown into turmoil by one of the biggest IT crashes in...
RTHK·HK
HKADR Projects HSI to Open Up 4 pts to 17,422 Next Mon
ADR Code│Relative price (HKD)│Premium of HK stocks vs ADR (%) CKHUY.NASD OTHER│40.628│0.67% CLPHY.NASD OTHER│65.083│-0.20% HOKCY.NASD OTH...
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