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Short Selling Turnover $6.4B, or 15.4% of Eligible Securities Turnover at Midday

Short Selling Turnover $6.4B, or 15.4% of Eligible Securities Turnover at Midday

The short selling turnover of HK market at midday amounted to $6.4 billion, or 15.4% of the turnover of securities eligible for short selling, against...

icoAASTOCKS
2024-07-04 13:30
Construction of BYD COMPANY Thai Plant Completed w/ 8 Millionth NEV leaving Plant

Construction of BYD COMPANY Thai Plant Completed w/ 8 Millionth NEV leaving Plant

BYD COMPANY (01211.HK) announced on its official Weibo account that the construction of its plant in Thailand has been completed, and the 8 millionth ...

icoAASTOCKS
2024-07-04 12:19
<Midday Takeaway>HSI Closes Midday at 17,988, Up 9 pts; HSTI Closes Midday at 3,644, Up 17 pts; XPENG Up over 4%; ICBC, SINOPEC CORP, SINOFERT, YANCOAL AUS, CHINA POWER Hit New Highs

<Midday Takeaway>HSI Closes Midday at 17,988, Up 9 pts; HSTI Closes Midday at 3,644, Up 17 pts; XPENG Up over 4%; ICBC, SINOPEC CORP, SINOFERT, YANCOAL AUS, CHINA POWER Hit New Highs

At midday close, HSI rose 9 pts or 0.1% to 17,988. HSTI rose 17 pts or 0.5% to 3,644. HSCEI gained 1 pts or 0.0% to 6,457. Active Heavyweights:...

icoAASTOCKS
2024-07-04 12:12
MEITUAN-W Raises 'God Member' Benefits

MEITUAN-W Raises 'God Member' Benefits

MEITUAN-W (03690.HK) increased the benefits of “god member”, initiating coverage on a wide range of eating and entertainment categories such...

icoAASTOCKS
2024-07-04 12:11
<Research>CCBI: Sales of Quality CN SOE Developers Resume Growth in June, Prefers COLI/ GREENTOWN/ POLY DEVELOPMENTS

<Research>CCBI: Sales of Quality CN SOE Developers Resume Growth in June, Prefers COLI/ GREENTOWN/ POLY DEVELOPMENTS

CCBI wrote in a report that quality state-owned real estate enterprises in Mainland resumed growth in June, with contracted sales of major developers ...

icoAASTOCKS
2024-07-04 11:36
<Research>CCBI Cuts XINYI SOLAR (00968.HK) TP to $6, Rating Outperform

<Research>CCBI Cuts XINYI SOLAR (00968.HK) TP to $6, Rating Outperform

XINYI SOLAR (00968.HK)'s profit alert is expected, CCBI released a research report saying. The Company said that its 1H24 earnings will rise 35-45...

icoAASTOCKS
2024-07-04 11:32
NIO-SW (09866.HK) Has Cumulatively Deployed 2,439 Battery Swapping Stations

NIO-SW (09866.HK) Has Cumulatively Deployed 2,439 Battery Swapping Stations

NIO-SW (09866.HK) announced that in June, NIO Energy celebrated the 6th anniversary of its service launch and the official launch of its 4th generatio...

icoAASTOCKS
2024-07-04 11:00
<Research>Guotai Junan Lifts GEELY AUTO (00175.HK) TP to $14, Rating Buy

<Research>Guotai Junan Lifts GEELY AUTO (00175.HK) TP to $14, Rating Buy

Guotai Junan released a research report keeping rating at Buy on GEELY AUTO (00175.HK), and lifting its target price from $13.33 to $14. Considering G...

icoAASTOCKS
2024-07-04 10:47
<Research>China Renaissance Cuts BUD APAC TP to $15.2; 2Q Dented by CN Mkt

<Research>China Renaissance Cuts BUD APAC TP to $15.2; 2Q Dented by CN Mkt

In wake of the meager beer market in China, China Renaissance released a report, expecting that BUD APAC (01876.HK) will see a 2.3% YoY decline in org...

icoAASTOCKS
2024-07-04 10:47
<Research>BOCI Elevates AAC TECH (02018.HK) TP to $39 as On-device AI Drives Improvement in 2025-26 Outlook

<Research>BOCI Elevates AAC TECH (02018.HK) TP to $39 as On-device AI Drives Improvement in 2025-26 Outlook

AAC TECH (02018.HK) was positive about its role in the AI smartphone trend and the recovery of its optics business, BOCI issued a research report sayi...

icoAASTOCKS
2024-07-04 10:36
Bitcoin Once Dives Below US$58,000; 3 HK-listed Bitcoin ETFs All Fall 3%+

Bitcoin Once Dives Below US$58,000; 3 HK-listed Bitcoin ETFs All Fall 3%+

Bitcoin once sunk below US$58,000 to a bottom of US$57,993.4 and is now at US$58,916.04, plummeting 4.17% over the past 24 hours, according to Coindes...

icoAASTOCKS
2024-07-04 10:35
SENSETIME-W Releases 'Vimi', 1st 'Controllable' Character Video Generation Foundation Model

SENSETIME-W Releases 'Vimi', 1st 'Controllable' Character Video Generation Foundation Model

SENSETIME-W (00020.HK) released Vimi, the first “controllable” character video generation foundation model, which is majorly targeted at C-e...

icoAASTOCKS
2024-07-04 10:33
<Research>G Sachs: PING AN Adds Stake in LUFAX by Scrip Div.; ST Financial Impact Limited

<Research>G Sachs: PING AN Adds Stake in LUFAX by Scrip Div.; ST Financial Impact Limited

PING AN (02318.HK)'s stake in LUFAX (06623.HK) increased to 56.82% after electing for scrip dividend. Goldman Sachs, in its report, wrote that LUF...

icoAASTOCKS
2024-07-04 10:30
<Research>M Stanley Downgrades KUAISHOU to Equalweight, Adjusts TPs of Bilibili/ TONGCHENGTRAVEL

<Research>M Stanley Downgrades KUAISHOU to Equalweight, Adjusts TPs of Bilibili/ TONGCHENGTRAVEL

Outbound travel and music remain the most attractive part of China's online entertainment segment, Morgan Stanley issued a research report saying....

icoAASTOCKS
2024-07-04 10:19
GAC GROUP Buys Back 6.24M A- & H-shrs in Total

GAC GROUP Buys Back 6.24M A- & H-shrs in Total

As of 30 June, GAC GROUP (02238.HK) (601238.SH)'s cumulative number of shares repurchased by way of centralized bidding transactions was 6.24 mill...

icoAASTOCKS
2024-07-04 10:16
<Research>Daiwa: Hainan Duty-free Sales Not Expected to Turnaround; Beijing Airport Preferred

<Research>Daiwa: Hainan Duty-free Sales Not Expected to Turnaround; Beijing Airport Preferred

The share prices of the duty-free sector surged in recent days due to increasing discussions on consumption tax reform, as the central government emph...

icoAASTOCKS
2024-07-04 10:16
Hong Kong stocks open with gains

Hong Kong stocks open with gains

Hong Kong stocks opened higher on Thursday as softer U.S. data narrowed the odds on a September rate cut there, boosting bonds and commodities while d...

icoRTHK·HK
2024-07-04 10:14
<Research>M Stanley Bullish on Trip.com's 3Q Guidance, Embracing Summer Travel

<Research>M Stanley Bullish on Trip.com's 3Q Guidance, Embracing Summer Travel

Morgan Stanley, in a research report, expressed its bullishness on Trip.com (TCOM.US)'s 3Q guidance, particularly for long-haul, inbound and outbo...

icoAASTOCKS
2024-07-04 09:59
<Research>M Stanley Assumes ~70-80% Chance for Bilibili (BILI.US) Shr Price to Rise in Next 60 Days

<Research>M Stanley Assumes ~70-80% Chance for Bilibili (BILI.US) Shr Price to Rise in Next 60 Days

Morgan Stanley released a technical research report, believing that there is about a 70% to 80% chance that the share price of Bilibili (BILI.US) will...

icoAASTOCKS
2024-07-04 09:58
<Research>BOCI Foresees HSI to Hit 20,010 by Yr End, Recommends TENCENT, CHINA MOBILE, MEITUAN-W, CCB, ICBC, 3 Oils

<Research>BOCI Foresees HSI to Hit 20,010 by Yr End, Recommends TENCENT, CHINA MOBILE, MEITUAN-W, CCB, ICBC, 3 Oils

BOCI expected in a research report that Hong Kong stocks will remain highly volatile in 2H24, but is cautiously optimistic about the trend of Hong Kon...

icoAASTOCKS
2024-07-04 09:42