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＜Research＞CICC Ratings & TPs on CN Insurers (Table)
CICC released a report on the ratings and target prices of H-shares of Chinese insurers: Stocks│Investment Ratings│Target Prices
AASTOCKS
＜Research＞CICC: Life Insurers Keeps High Growth Momentum for Interim Term VONB w/ Sector Top Pick CPIC
Chinese insurers' 2024 interim results will be announced successively in mid-August, CICC released a research report saying. CICC forecast...
AASTOCKS
ABC (01288.HK) Plans to Fully Redeem RMB120B Perpetual Bonds
ABC (01288.HK) announced that it plans to redeem in full a total of RMB120 billion of its perpetual capital bonds. Specifically, ABC will redee...
AASTOCKS
TRIP.COM-S (09961.HK): Searches Related to Getaways From Heat in CN Grow 55% MoM Since Jul
Data from TRIP.COM-S (09961.HK) showed that searches related to summer holidays in China have increased by 55% MoM since July. The popularity of summe...
AASTOCKS
HSI opens lower after Wall Street sell-off
The Hang Seng Index dipped 86.18 points, or 0.49 percent, to open at 17,653.23 points on Thursday. The sell-off came after the S&P 500 on Wednesday re...
RTHK·HK
Counterpoint: Global PC Shipments Grow 3.1% YoY in 2Q, Expected to Rise 3% for Whole Yr
Global PC shipments grew by 3.1% YoY to 62.5 million units in 2Q24, marking 2 consecutive quarters of YoY growth in shipments of the PC market, accord...
AASTOCKS
＜Research＞CCBI: CN Property Fundamentals Improving; Higher Upside After Mkt Consolidation
CCBI commented in a reprot that the fundamentals of the Mainland property market have improved, with a significant rebound in June data and greater up...
AASTOCKS
＜Research＞Jefferies Expects TONGCHENGTRAVEL (00780.HK) 2Q Total Rev. to Grow 49% YoY; Rating Buy
Jefferies issued a research report anticipating that TONGCHENGTRAVEL (00780.HK)'s 2Q24 revenue and non-IFRS earnings will be in line with expectat...
AASTOCKS
＜Research＞Jefferies Drops KINGDEE INT'L (00268.HK) TP to $18.19; Faintly Weaker Rev. Hike Overly Punished
Share price of KINGDEE INT'L (00268.HK) has been overly punished by the market after a two-day slump of about 17% as the 1H24 revenue growth misse...
AASTOCKS
＜Research＞M Stanley: TIMES ELECTRIC (03898.HK) 2Q24 Prelim. Results Beat; Rating Overweight
Morgan Stanley commented in a report that TIMES ELECTRIC (03898.HK)'s preliminary 2Q24 results are better than the market expected. Net profit ros...
AASTOCKS
＜Research＞M Stanley Slightly Cuts PICC P&C (02328.HK) TP to $13.3, Expects 1H24 Results to Remain Healthy
Morgan Stanley issued a research report forecasting PICC P&C (02328.HK) to post a healthy 1H24 results. Morgan Stanley estimated auto CoR to be 96...
AASTOCKS
Bearish Trades on NVIDIA Track USD6.5M+ Gain in 1 Day: Wire
A trader with a bearish bet on NVIDIA (NVDA.US) made more than USD6.5 million of gain in one day in the options market, Bloomberg reported. Acc...
AASTOCKS
＜Research＞M Stanley Views Olympics as Shr Price Catalyst for BUD APAC (01876.HK); Rating Overweight
The Olympics, held every 4 years, will be held in France from 26 July to 11 August 2024, with most of the events taking place in the evening on East A...
AASTOCKS
＜Research＞Daiwa Downgrades KINGDEE INT'L (00268.HK) to Outperform, Chops TP to $7.1
Daiwa noted in a report that it expected KINGDEE INT'L (00268.HK)'s revenue and new order growth to slow down this year due to weak corporate ...
AASTOCKS
NONGFU SPRING Advances ~4% as Bottled Water Samples Re-rated by CC
NONGFU SPRING (09633.HK)'s bottled water samples were upgraded by the Consumer Council of Hong Kong (CC). The stock opened 0.9% higher today (18th...
AASTOCKS
XJ INTL HLDGS (01765.HK) Prepares Preliminary Terms of Proposed Restructuring; Shr Price Once Soars 25%
XJ INTL HLDGS (01765.HK) announced that, with respect to the restructuring of its offshore bonds, the company has considered its current financial sit...
AASTOCKS
TIMES ELECTRIC (03898.HK) Lifts 4%+, Expects Interim NP to Hike 31% YoY
TIMES ELECTRIC (03898.HK) opened up 2.88% today after issuing a positive profit alert. The stock peaked at $29.3 and was last printed at $29, hiking 4...
AASTOCKS
NONGFU SPRING: CC Clarification Received; Safe, Quality Products Offering to HK to Continue
The Consumer Council of Hong Kong (CC) clarified this morning (18th) on the results of NONGFU SPRING (09633.HK)'s test samples. NONGFU SPRING resp...
AASTOCKS
GEELY's ZEEKR 'Zeekr X' Makes Foray into HK
ZEEKR (ZK.US), a subsidiary of GEELY AUTO (00175.HK), announced its partnership with its dealer, Kam Lung Motor Group (KLM), to distribute rear-wheel-...
AASTOCKS
HKADR Projects HSI to Open Down 77 pts to 17,662
ADR Code│Relative price (HKD)│Premium of HK stocks vs ADR (%) CKHUY.NASD OTHER│40.134│0.91% CLPHY.NASD OTHER│65.667│-1.02% HOKCY.NASD OTH...
AASTOCKS
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