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＜Research＞Citi Cuts MENGNIU DAIRY (02319.HK) TP to $25.65; Rating Kept Buy
Citi's research report pointed out that, in view of the feeble sales in the industry in 1H24, the broker trimmed the revenue forecast for MENGNIU ...
AASTOCKS
＜Research＞Citi Raises BRILLIANCE CHI (01114.HK) TP to $5.64, Keeps Rating at Buy
BRILLIANCE CHI (01114.HK) declared a special dividend of $4.30 per share on 14 June, with ex-dividend date on 3 July, Citi Research issued a research ...
AASTOCKS
＜Research＞BofAS Trims TONGCHENGTRAVEL (00780.HK) TP to $20, Cuts Earning Forecast
BofA Securities issued a report, reminding that TONGCHENGTRAVEL (00780.HK) will disclose its 2Q results at the end of August. It expected that the res...
AASTOCKS
＜Research＞Citi Opens Upside 30-day Catalyst Watch on CONCH CEMENT (00914.HK)
According to Digital Cement, cement and clinker prices in the Yangtze River Delta region will increase by RMB50 per ton on 5 July, Citi Research issue...
AASTOCKS
XIAOMI's CS: No Notice for Xiaomi Road Bike So Far
XIAOMI-W (01810.HK) will soon launch a road bike product priced at RMB1,999 and featuring a full carbon aero frame, according to online hearsay. South...
AASTOCKS
＜Research＞Citi Adds GEELY AUTO (00175.HK) TP to $13.98, Citing All-round Mkt Share Increase
In a recent report, Citi Research added its target price on GEELY AUTO (00175.HK) from $12.99 to $13.98 after the company announced a strong 1Q earnin...
AASTOCKS
＜Research＞UBS Raises TPs for CN Power Stocks, Citing Strong Industry Fundamentals
UBS commented in a report that the fundamentals of the Mainland power sector are strong, and raises its target price for stocks in the sector. The bro...
AASTOCKS
＜Research＞DBS Adds GEELY AUTO (00175.HK) TP to $11.7, Slightly Raises 2024/ 2025 Profit Forecasts
GEELY AUTO (00175.HK) raised its full-year delivery target to 2 million vehicles, as expected, and is also confident in its overseas business, with th...
AASTOCKS
CHINA HANKING Once Spikes 17% after Midday on Sale of Gold Mine, Proposed Special Div.
CHINA HANKING (03788.HK) announced at noon the sale of gold mine in Australia, with part of the proceeds to be used for dividend. The stock once spike...
AASTOCKS
BIDU-SW (09888.HK): Ernie Foundation Model Ver. 4.0 Now Available for Free on Ernie Intelligent Agent Platform
BIDU-SW (09888.HK)(BIDU.US) announced that Ernie Foundation Model version 4.0 is now available for free on the Ernie Intelligent Agent Platform. Devel...
AASTOCKS
PBOC Inks Bond Borrowing Agreements w/ Financial Institutions; Stanchart Thinks PBOC Sending Clear Signal to Mkt
According to Bloomberg, the People's Bank of China (PBOC) has signed bond agreements with a number of financial institutions, with several hundred...
AASTOCKS
Alibaba Cloud: 'Tongyi Qwen' No. of Downloads Surges 2x in Past 2 Mths; Bailian Service Customer Vol. Rallies 1.5x+
Zhou Jingren, CTO of Alibaba Cloud, said at the WAIC that the number of downloads of its “Tongyi Qwen” open-source model surged 2x in the pa...
AASTOCKS
TINGYI Soars ~6% Once on 5D Rise; CS Reportedly Confirms Price Hike in Classic Series of Instant Noodles
TINGYI (00322.HK) advanced for the fifth trading day. It opened flat today, rising 5.79% once in the early session to peak at $10.6, a new high since ...
AASTOCKS
Global Sales of Volvo Cars Grow 8% YoY in June
Volvo Cars, a unit of Zhejiang Geely Holding, the parent company of GEELY AUTO (00175.HK), said its global sales rose 8% YoY to 71,514 units in June, ...
AASTOCKS
SENSETIME Releases Ver. 5.5 of SenseNova Foundation Model; 30%/ 15% Rise in Performance/ Inference Efficiency
SENSETIME-W (00020.HK) chairman and CEO Xu Li released version 5.5 of the company's SenseNova foundation model, named “SenseNova 5o”, at...
AASTOCKS
HK market edges upwards at open
The Hong Kong market opened slightly higher on Friday, with investors focusing on US payroll data for June for cues when the Federal Reserve will cut...
RTHK·HK
Xiaomi Auto Launches Insurance, Maintenance Service Priced at RMB1,299/ Yr
Xiaomi Automobile posted on a Chinese social media platform today (5th) saying that the “Xiaomi Automobile worry-free service package” is no...
AASTOCKS
＜Research＞G Sachs Adds CHINA TOWER (00788.HK) TP to $1.2, Rating Neutral
Investors' focus on CHINA TOWER (00788.HK) remains on its 2026 dividend as the Company may see strong growth in net profit in 2026, driven by lowe...
AASTOCKS
＜Research＞Daiwa Upgrades ZOOMLION (01157.HK) to Buy, Cuts TP to $5.9
Daiwa released a research report expecting that ZOOMLION (01157.HK)'s 2Q24 attributable profit to grow by 12% YoY, and adjusted profit to rise by ...
AASTOCKS
＜Research＞UBS: Alibaba (BABA.US) Accelerates Buybacks to Back Stock Price when It Falls
UBS noted in a report that BABA-SW (09988.HK) (BABA.US) has spent US$5.8 billion to buy back the equivalent of 77 million American Depositary Shares (...
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