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＜Research＞Daiwa Initiates CMOC (03993.HK) at Buy & TP $9.4
Daiwa issued a report, initiating CMOC (03993.HK) at Buy and a target price of $9.4. The broker believed that CMOC is currently the second largest cop...
AASTOCKS
＜IPO＞ VOICECOMM(02495.HK) Closes Down 13.2% to $132 at Midday
On debut today, VOICECOMM(02495.HK) opened at $135, down 11.2% from the listing price of $152.1. Peaking/ bottoming at $136/121, the stock closed midd...
AASTOCKS
＜IPO＞ RUICHANG INTL(01334.HK) Closes Up 29.5% to $1.36 at Midday
On debut today, RUICHANG INTL(01334.HK) opened at $1.3, up 23.8% from the listing price of $1.05. Peaking/ bottoming at $1.55/1.2, the stock closed mi...
AASTOCKS
＜IPO＞ CHENQI TECH(09680.HK) Closes Down 5.7% to $33 at Midday
On debut today, CHENQI TECH(09680.HK) opened at $30, down 14.3% from the listing price of $35. Peaking/ bottoming at $35.2/30, the stock closed midday...
AASTOCKS
＜Research＞UBS Forecasts CTG DUTY-FREE (01880.HK) 2Q24 NP to Slump 20%, Possibly Missing
UBS forecasted in a research note that CTG DUTY-FREE (01880.HK)'s airport business may contribute RMB2 billion - RMB3 billion in duty-free sales i...
AASTOCKS
＜Research＞M Stanley Lists 'Top 10 Enhanced Div. Screen' Asia Stocks for 3Q (Table)
The MSCI Asia Pacific (excluding Japan) High Dividend Index swelled 6% in total in 2Q24, roughly in line with the 6.4% cumulative increase in the MSCI...
AASTOCKS
＜Research＞BofAS Cuts SINO BIOPHARM (01177.HK) TP to $3.4, Rating Buy
The May sales volume of flurbiprofen/ budesonide/ esomeprazole/ iodixanol, SINO BIOPHARM (01177.HK)'s VBP involved products, fell by 10.9%/ 10.3%/...
AASTOCKS
Research Firm: 2Q24 Global PC Shipments Rise 3% YoY, w/ LENOVO in 1st Place
Worldwide shipments of personal computers (PCs) totalled 64.9 million units in 2Q24, rising 3% YoY, the second consecutive quarter of growth, mainly d...
AASTOCKS
＜Research＞BOCI:CHINA SHENHUA (01088.HK) 1H24 Earnings Guidance Broadly in Line with Forecasts
BOCI released a research report expecting that CHINA SHENHUA (01088.HK)'s 1H24 earnings under IFRS will be RMB31.8 billion to RMB33.8 billion, dow...
AASTOCKS
＜Research＞CMBI Trims ANTA SPORTS (02020.HK) TP to $101.38, Rating Buy
CMB International released a research report on ANTA SPORTS (02020.HK), which tracked a roughly flattish overall retail sales growth in 2Q24, with the...
AASTOCKS
Baidu AI Cloud, Saudi Tourism Authority Ink Collaboration on AI & Foundation Model Technology
Baidu AI Cloud announced that it has recently signed a Memorandum of Understanding (MoU) with the Saudi Tourism Authority. The 2 sides will work toget...
AASTOCKS
XPENG-W Reveals 'P7+' Design w/ Hatchback Style
XPENG-W (09868.HK) (XPEV.US) recently has been working on all aspects of its “MONA M03” such as detail polishing, mass production and delive...
AASTOCKS
＜Research＞Jefferies Cuts SWIREPROPERTIES (01972.HK) to $12, Lowers Earnings Forecast
Jefferies issued a report, updating its valuation model on SWIREPROPERTIES (01972.HK) ahead of the company's announcement of interim results, anti...
AASTOCKS
＜H Shrs＞HSI Opens Up 90 Pts; BIDU-SW, NONGFU SPRING Leap ~8%/ +3%
The HSI opened 90 pts or 0.5% higher at 17,613; the HSCEI opened 36 pts or 0.6% higher at 6,311; and the HSTECH opened 38 pts or 1.1% higher at 3,639....
AASTOCKS
NONGFU SPRING Up 3.7% at Open; Zhong Shanshan's Yangshengtang Mulls to Add Up to $2B Stakes in Next 6 Mths
Yangshengtang, a company owned by Zhong Shanshan, intends to spend up to $2 billion to increase its stake in NONGFU SPRING (09633.HK) in the next 6 mo...
AASTOCKS
CHINA VANKE Dives 4%+ at Open After Issuing Profit Warning, Expecting Interim Swing Into Loss of Up to RMB9B
CHINA VANKE (02202.HK) opened 4.45% lower at $4.29 this morning (10 July), with 1.093 million shares traded in pre-market, involving $4.69 million.
AASTOCKS
＜Research＞Citi: Zhong Shanshan's Plan to Raise Stake in NONGFU SPRING Shows Confidence in Firm Prospects w/ Positive Mkt Reaction Expected
NONGFU SPRING (09633.HK) announced that its major shareholder, Zhong Shanshan will purchase up to $2 billion of the Company's shares from the open...
AASTOCKS
WYNN MACAU Is Confident of Visitor Arrival Hike During Summer Holiday to Boost Hotel Occupancy Rate
Linda Chen, President and Vice Chairman of WYNN MACAU (01128.HK), said that the summer holiday is a traditional peak season for tourism, according to ...
AASTOCKS
＜IPO＞Shanghai Voicecomm Information Technology Co., Ltd. - H Shares(02495.HK) Closes Down 17.8% to $125 on Gray Mkt
Shanghai Voicecomm Information Technology Co., Ltd. - H Shares(02495.HK), which will be listed tomorrow, opened down 8% to $140 on gray market. Peaki...
AASTOCKS
＜Alert＞DATANG POWER Projects Interim NP to Soar 85-124% YoY
DATANG POWER (00991.HK) issued a positive profit alert. For the six months ended 30 June 2024, the company expected net profit to be approximately RMB...
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