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<Research>M Stanley Raises BOC HONG KONG (02388.HK) and HANG SENG BANK (00011.HK) TPs, Strong 2Q Results Expected

<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...

icoAASTOCKS
2024-07-22 10:03
SUNNY OPTICAL (02382.HK) Ebbs Persistently despite Positive Profit Alert, Last Dives ~4%

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...

icoAASTOCKS
2024-07-22 10:00
<Research>M Stanley Expects SUNNY OPTICAL Positive Profit Alert to Benefit Shr Price, Rates Overweight

<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...

icoAASTOCKS
2024-07-22 09:55
HK market opens lower, despite mainland rate cuts

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...

icoRTHK·HK
2024-07-22 09:54
<Research>M Stanley: HANG SENG BANK to Announce Interim Results Next Wk; Further Buyback Expected as Shr Price Catalyst

<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...

icoAASTOCKS
2024-07-22 09:51
<Research>BOCOMI Expects BABA-SW (09988.HK) 1FQ Total Rev. to Hike 7% YoY, Adj. EBITA Margin to Drop 2 ppts

<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%...

icoAASTOCKS
2024-07-22 09:43
<H Shrs>HSI Grows 47 Pts; XPENG Up ~3%

<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. ...

icoAASTOCKS
2024-07-22 09:32
PBOC Adjusts 7-day Reverse Repo Interest Rate to 1.7% from 1.8% from Tdy

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...

icoAASTOCKS
2024-07-22 08:24
XIAOMI Showcases BEV Racing Car 'SU7 Ultra Prototype', Tells Interested Customers to 'Wait for Mass Production'

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...

icoAASTOCKS
2024-07-22 07:54
BYD Auto Japan Mulls Expanding Sales Network to 90 Shops, Covering the Whole Country

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...

icoAASTOCKS
2024-07-22 07:19
Lei Jun Foresees Xiaomi SU7 to Meet Annual Delivery Target of 100K Cars in Nov Ahead of Schedule

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 ...

icoAASTOCKS
2024-07-22 07:16
GAC Toyota Denies Quitting the Price War

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...

icoAASTOCKS
2024-07-22 07:11
Tencent Cloud Unveils Domestically Developed Server Operating System 'TencentOS Server V3'

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...

icoAASTOCKS
2024-07-22 07:06
Book fair exhibitors must comply with laws: HKTDC

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...

icoRTHK·HK
2024-07-21 12:09
Online sales sector needs to be strengthened: FS

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...

icoRTHK·HK
2024-07-21 11:36
Airports start to return to normal after global outage

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...

icoRTHK·HK
2024-07-21 09:16
HKADR Projects HSI to Open Up 4 pts to 17,422 Next Mon

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...

icoAASTOCKS
2024-07-20 08:30
HK Express cancels 20 flights, reinstates four

HK Express cancels 20 flights, reinstates four

Hong Kong Express announced on Saturday that it was cancelling 20 flights as it continues to grapple with the effects of Friday's massive global techn...

icoRTHK·HK
2024-07-20 05:47
US stocks fall as IT outage adds to angst

US stocks fall as IT outage adds to angst

Wall Street stocks fell decisively for a second straight session on Friday following a major IT outage that roiled many businesses at a time when anal...

icoRTHK·HK
2024-07-20 05:12
HK Transport Sec. Notes Airport Triggers Emergency Response Mechanism Instantly

HK Transport Sec. Notes Airport Triggers Emergency Response Mechanism Instantly

A Microsoft system failure has shaken the services of airlines using the system, including CATHAY PAC AIR (00293.HK) and HK Express. Secretary for Tra...

icoAASTOCKS
2024-07-19 17:58