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Christopher Hui Is Confident that Foreign Capital Will Return to HK in Medium to Long Term

Christopher Hui Is Confident that Foreign Capital Will Return to HK in Medium to Long Term

Secretary for Financial Services and the Treasury, Christopher Hui, said in an interview with the Hong Kong Economic Journal that if there are investm...

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2024-07-08 12:15
CMHK Launches 'One Card, Three Places' Service Plan

CMHK Launches 'One Card, Three Places' Service Plan

China Mobile Hong Kong announced today (8 July) the launch of its “5G One Card, Three Places Service Plan”, which enables customers to use d...

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2024-07-08 12:10
PETROCHINA (00857.HK) Subsidiary Xinjiang Oilfield Company Exceeds Oil, Gas Production Goals in 1H24

PETROCHINA (00857.HK) Subsidiary Xinjiang Oilfield Company Exceeds Oil, Gas Production Goals in 1H24

PetroChina announced that in 1H24, its subsidiary Xinjiang Oilfield Company produced 7.3135 million tonnes of crude oil and 2.237 billion cubic metres...

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2024-07-08 12:04
LI AUTO-W's L7 Amasses Deliveries of 200K+ Cars

LI AUTO-W's L7 Amasses Deliveries of 200K+ Cars

Since the delivery of the Li L7 began in March 2023, more than 200,000 vehicles have been delivered in aggregate in the past 16 months, LI AUTO-W (020...

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2024-07-08 12:00
Baidu Netdisk Is on Apple's Vision Pro Product, Involving VR Tech

Baidu Netdisk Is on Apple's Vision Pro Product, Involving VR Tech

BIDU-SW (09888.HK) (BIDU.US)'s personal cloud storage service, Baidu Netdisk (once known as “Baidu Cloud”) landed on Apple Inc. (AAPL.US...

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2024-07-08 12:00
XPENG-W VP cum Tech Center Head Resign

XPENG-W VP cum Tech Center Head Resign

The management of XPENG-W (09868.HK) is under shakeup, Chinese media reported. Jiao Qingchun, vice president of the group and head of the organization...

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2024-07-08 11:25
<Research>China Renaissance Upgrades Tesla (TSLA.US) to Buy, Hikes TP to US$282.13

<Research>China Renaissance Upgrades Tesla (TSLA.US) to Buy, Hikes TP to US$282.13

Tesla (TSLA.US) surpassed expectations for electric vehicle deliveries and energy storage installations in 2Q, according to a report by China Renaissa...

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2024-07-08 11:13
<On Move>DIDA INC (02559.HK) Once Slips ~12%, Last Price Halved from Listing Price

<On Move>DIDA INC (02559.HK) Once Slips ~12%, Last Price Halved from Listing Price

DIDA INC (02559.HK) opened 3.57% higher today, and already saw a peak of $3.48 today, before turning south to a low of $2.96, slipping 11.9% at one po...

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2024-07-08 11:04
<Research>CICC: KUAISHOU Iterates Again 'Kling' Foundation Model, but Logs Muted 618 E-commerce Growth

<Research>CICC: KUAISHOU Iterates Again 'Kling' Foundation Model, but Logs Muted 618 E-commerce Growth

CICC noted in a report that KUAISHOU-W (01024.HK) has recently demonstrated its self-developed foundation model product matrix at the World Artificial...

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2024-07-08 11:00
<Research>CICC Elevates TINGYI (00322.HK) TP to $12, Expects 1H24 Margin to Improve

<Research>CICC Elevates TINGYI (00322.HK) TP to $12, Expects 1H24 Margin to Improve

CICC released a research report estimating that TINGYI (00322.HK)'s 1H24 revenue will grow slightly YoY, with low single-unit growth in beverages ...

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2024-07-08 10:58
<Research>UOB Kay Hian Initiates Rating Buy on BYD ELECTRONIC (00285.HK) w/ TP $47.7

<Research>UOB Kay Hian Initiates Rating Buy on BYD ELECTRONIC (00285.HK) w/ TP $47.7

BYD ELECTRONIC (00285.HK) is one of the best players in the consumer electronics space to capitalize on the GenAI opportunity, due to its growing posi...

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2024-07-08 10:57
<Research>Citi Initiates KUAISHOU-W (01024.HK) at Buy with $69 TP

<Research>Citi Initiates KUAISHOU-W (01024.HK) at Buy with $69 TP

With the persistent improvement of financial performance and sustainable earnings growth prospects, Citi opined KUAISHOU-W (01024.HK)'s current va...

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2024-07-08 10:50
FOSUN INTL (00656.HK) Repays US$600M Debt; No More Offshore Bond Maturities in Next 15 Mths

FOSUN INTL (00656.HK) Repays US$600M Debt; No More Offshore Bond Maturities in Next 15 Mths

FOSUN INTL (00656.HK) has paid off US$600 million of maturing overseas US dollar bonds, completing the payment of all offshore bonds this year, with n...

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2024-07-08 10:47
<Research>G Sachs: Europe's Long-haul Tariffs Fall WoW for 1st Time Since Mid-Apr, Adding Investors Concerns over Freight Rate Close to Peak

<Research>G Sachs: Europe's Long-haul Tariffs Fall WoW for 1st Time Since Mid-Apr, Adding Investors Concerns over Freight Rate Close to Peak

The Shanghai Shipping Exchange released the latest weekly SCFI, Goldman Sachs released a research report saying. While the overall SCFI remain...

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2024-07-08 10:46
<Research>G Sachs Raises TPs for TINGYI/ U-PRESID CHINA on Margin Expansion in 1H24

<Research>G Sachs Raises TPs for TINGYI/ U-PRESID CHINA on Margin Expansion in 1H24

Goldman Sachs issued a research report expecting that TINGYI (00322.HK)'s 1H24 sales will rise 1% YoY to RMB41.3 billion, and net profit will grow...

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2024-07-08 10:37
<Research>CLSA Cuts BUD APAC (01876.HK) TP to $11.4, Rating Outperform

<Research>CLSA Cuts BUD APAC (01876.HK) TP to $11.4, Rating Outperform

BUD APAC (01876.HK) will announce its 2Q24 results early next month. According to a research report issued by CLSA, it was expected that in light of w...

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2024-07-08 10:29
<Research>M Stanley Lifts SINOPEC CORP (00386.HK) TP to $5.73, Rating Overweight

<Research>M Stanley Lifts SINOPEC CORP (00386.HK) TP to $5.73, Rating Overweight

Morgan Stanley issued a research report lifting its target price on SINOPEC CORP (00386.HK)'s H-shares from $5 to $5.73, with rating kept at Overw...

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2024-07-08 10:26
<Research>M Stanley: Recent Good Operations at NIO (NIO.US) Helps Ease Mkt Concerns

<Research>M Stanley: Recent Good Operations at NIO (NIO.US) Helps Ease Mkt Concerns

Morgan Stanley issued a research report, highlighting that NIO (NIO.US) (09866.HK)'s CFO Feng Wei has resigned for personal and family reasons, wh...

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2024-07-08 10:25
TRIP.COM-S: No. of Orders for Paris Independent Travel during Olympics Up 5x YoY

TRIP.COM-S: No. of Orders for Paris Independent Travel during Olympics Up 5x YoY

According to data from the TRIP.COM-S (09961.HK) platform, with the summer vacation approaching, orders from mainland Chinese travelers to Paris durin...

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2024-07-08 10:16
<Research>HSBC Global Research Expects Spot Container Freight Rates to Keep Rising Until End-3Q, Rates Maersk/ Evergreen Marine/ SITC Buy

<Research>HSBC Global Research Expects Spot Container Freight Rates to Keep Rising Until End-3Q, Rates Maersk/ Evergreen Marine/ SITC Buy

HSBC Global Research, in its Global Shipping Industry Report, commented that spot container freight rates will continue to rise at least until the end...

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2024-07-08 10:11