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Autos Boom as XPENG, NIO Swell ~8%; LI AUTO Sets 1-mth High

Autos Boom as XPENG, NIO Swell ~8%; LI AUTO Sets 1-mth High

Tesla (TSLA.US) rose for 7 consecutive days, and Hong Kong-listed automakers also prospered in the morning session. XPENG-W (09868.HK) announced its X...

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2024-07-04 09:37
<Research>JPM Maintains Tesla (TSLA.US) at Underweight, TP US$115

<Research>JPM Maintains Tesla (TSLA.US) at Underweight, TP US$115

JPMorgan highlighted in a report that Tesla (TSLA.US) shares jumped 10.2% on Tuesday, compared to the 0.6% rise of S&P 500, ostensibly because 2Q2...

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2024-07-04 09:32
<H Shrs>HSI Rises 101 pts & Tops 18,000 at Open; LI AUTO Hikes 4%+ as Techs Rally

<H Shrs>HSI Rises 101 pts & Tops 18,000 at Open; LI AUTO Hikes 4%+ as Techs Rally

Hong Kong stocks opened this morning (4 July) atop the 18,000 point barrier of HSI, which opened 101 points or 0.56% higher at 18,079. HSCEI opened 30...

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2024-07-04 09:28
GWMOTOR's NOA Has 35km Test Finished in Chongqing: Report

GWMOTOR's NOA Has 35km Test Finished in Chongqing: Report

GWMOTOR (02333.HK)(601633.SH) Chairman Wei Jian Jun drove the smart driving version of WEY's Blue Mountain, testing GWMOTOR's NOA smart drivin...

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2024-07-04 07:03
PING AN (02318.HK) Elects Scrip Div. From LUFAX (06623.HK), Raising Stake to 56.82%

PING AN (02318.HK) Elects Scrip Div. From LUFAX (06623.HK), Raising Stake to 56.82%

LUFAX (06623.HK) announced that it has issued a total of approximately 509 million new shares to controlling shareholder PING AN (02318.HK) under a sc...

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2024-07-04 00:54
<H Shrs>HSI Rallies 209 pts at Close as LI AUTO Mounts 5%+, Techs Boom; BRILLIANCE CHI Weakens on Ex-div

<H Shrs>HSI Rallies 209 pts at Close as LI AUTO Mounts 5%+, Techs Boom; BRILLIANCE CHI Weakens on Ex-div

The HSI climbed 209 points or 1.18% to close at 17,978, representing an incline for 3 consecutive trading days. The HSCEI gained 80 points or 1.27% to...

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2024-07-03 16:28
<IPO> KINGFARPROPERTY(01354.HK) Closes Down 11.5% to $6.64

<IPO> KINGFARPROPERTY(01354.HK) Closes Down 11.5% to $6.64

On debut today, KINGFARPROPERTY(01354.HK) opened at $7.65, up 2% from the listing price of $7.5. Peaking/ bottoming at $7.65/6.1, the stock closed at ...

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2024-07-03 16:15
BILIBILI-W (09626.HK) to End Service for Mobile Game 'Thrud' on 9 Oct

BILIBILI-W (09626.HK) to End Service for Mobile Game 'Thrud' on 9 Oct

The operations team of “Thrud”, a mobile game developed by BILIBILI-W (09626.HK), officially announced that it will officially cease operati...

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2024-07-03 15:20
BABA-SW Fully Upgrades Taobao's 'Xiaoshida', Inks Deep Co-op with Ele.me

BABA-SW Fully Upgrades Taobao's 'Xiaoshida', Inks Deep Co-op with Ele.me

BABA-SW (09988.HK)(BABA.US)'s Taobao Tmall Group announced that, in order to promote the “user first” strategy and enhance the synergy b...

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2024-07-03 15:18
Sinopec's GZ Subsidiary Finishes Expansion & Renovation for Fuel Cell Hydrogen Supply Centre

Sinopec's GZ Subsidiary Finishes Expansion & Renovation for Fuel Cell Hydrogen Supply Centre

Sinopec Group announced that the Hydrogen Supply Centre for Fuel Cells at its Guangzhou subsidiary has recently completed mechanically an expansion an...

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2024-07-03 14:59
SENSETIME-W Spikes ~15% after Midday before Releasing SenseNova 5.5 This Fri

SENSETIME-W Spikes ~15% after Midday before Releasing SenseNova 5.5 This Fri

World Artificial Intelligence Conference (WAIC) for 2024 (WAIC 2024) will be held in Shanghai starting tomorrow (4th). SENSETIME-W (00020.HK) announce...

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2024-07-03 14:34
BOSIDENG Tumbles 17%, after Saying 400M-shr Placing Is to Optimize Shareholder Structure

BOSIDENG Tumbles 17%, after Saying 400M-shr Placing Is to Optimize Shareholder Structure

BOSIDENG (03998.HK) was placed 400 million shares by its controlling shareholder. Today (3rd), the company's share price opened 9.85% lower and th...

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2024-07-03 14:15
BYD COMPANY 1st Plant in Southeast Asia to Open Tmr

BYD COMPANY 1st Plant in Southeast Asia to Open Tmr

BYD COMPANY (01211.HK)'s first plant in Southeast Asia will open tomorrow (4th), according to the Nikkei. The factory is in Thailand's Rayong ...

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2024-07-03 12:04
<Research>M Stanley: Apple Next-generation AI Server Chip May Adopt TSMC Chip on Wafer Tech

<Research>M Stanley: Apple Next-generation AI Server Chip May Adopt TSMC Chip on Wafer Tech

Apple Inc. (AAPL.US) could adopt TSMC (TSM.US)'s SoIC chip on wafer technology for its next-generation AI server chips in 2H25, Morgan Stanley iss...

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2024-07-03 11:25
CN EV Makers Pivot Towards African Mkt - Report

CN EV Makers Pivot Towards African Mkt - Report

Chinese electric vehicle makers are shifting their overseas strategy to Africa amid tariff hikes in Europe, Nikkei Asia reported. Neta, a bran...

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2024-07-03 10:52
GANFENGLITHIUM Reportedly Invests to Found Energy Tech Firm

GANFENGLITHIUM Reportedly Invests to Found Energy Tech Firm

Guangdong Huichu Energy Technology Co., Ltd. (literal translation of 廣東惠儲能源科技有&#3...

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2024-07-03 10:48
<Research>Macquarie Cuts LI AUTO-W (02015.HK) TP to $94, Lowers Sales Forecasts

<Research>Macquarie Cuts LI AUTO-W (02015.HK) TP to $94, Lowers Sales Forecasts

LI AUTO-W (02015.HK)'s 2Q24 sales amounted to 109,000, up 35% QoQ and 25% YoY, with sales trends rising closer to 50,000 units per month, Macquari...

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2024-07-03 09:50
<Research>M Stanley Trims CHINA RES BEER (00291.HK) TP to $42, Rating Overweight

<Research>M Stanley Trims CHINA RES BEER (00291.HK) TP to $42, Rating Overweight

Morgan Stanley released a report, revising down its recurring net profit estimates for 2024 on CHINA RES BEER (00291.HK) by 3% to reflect a slight dow...

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2024-07-03 09:42
<Research>CCBI Trims BUD APAC TP to $9.2 as 2Q Results Expected to Be Weak

<Research>CCBI Trims BUD APAC TP to $9.2 as 2Q Results Expected to Be Weak

BUD APAC (01876.HK) was affected by unfavorable weather, high base and weaker-than-expected consumption sentiment, CCBI issued a research report sayin...

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2024-07-03 09:41
<Research>Daiwa Upgrades CHINA SHENHUA (01088.HK) to Outperform; TP Hiked to $40

<Research>Daiwa Upgrades CHINA SHENHUA (01088.HK) to Outperform; TP Hiked to $40

Daiwa noted in a report that it downgraded CHINA SHENHUA (01088.HK) in March this year due to the declining trend of its coal production and average s...

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2024-07-03 09:34