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＜H Shrs＞HSI Wanes 51 pts at Close as Resource, Energy Stocks Fall; BIDU Surges 10%
The HSI lost 51 points or 0.3% to close at 17,471. The HSCEI dropped 24 points or 0.4% to close at 6,251. The HSTECH ebbed less than 1 point to close...
AASTOCKS
＜Research＞M Stanley Believes HENDERSON LAND (00012.HK) Will Outperform Mkt in Next 60 Days, Expects Interim Div. to be Maintained
Morgan Stanley released a research report believing that HENDERSON LAND (00012.HK) will outperform the market in the next 60 days, with an over 80% pr...
AASTOCKS
＜Midday Takeaway＞HSI Closes Midday at 17,570, Up 47 pts; HSTI Closes Midday at 3,627, Up 26 pts; BIDU-SW Up over 10%
At midday close, HSI rose 47 pts or 0.3% to 17,570. HSTI rose 26 pts or 0.7% to 3,627. HSCEI gained 16 pts or 0.3% to 6,291. Active Heavyweight...
AASTOCKS
＜Research＞Daiwa Initiates CMOC (03993.HK) at Buy & TP $9.4
Daiwa issued a report, initiating CMOC (03993.HK) at Buy and a target price of $9.4. The broker believed that CMOC is currently the second largest cop...
AASTOCKS
＜IPO＞ VOICECOMM(02495.HK) Closes Down 13.2% to $132 at Midday
On debut today, VOICECOMM(02495.HK) opened at $135, down 11.2% from the listing price of $152.1. Peaking/ bottoming at $136/121, the stock closed midd...
AASTOCKS
＜IPO＞ RUICHANG INTL(01334.HK) Closes Up 29.5% to $1.36 at Midday
On debut today, RUICHANG INTL(01334.HK) opened at $1.3, up 23.8% from the listing price of $1.05. Peaking/ bottoming at $1.55/1.2, the stock closed mi...
AASTOCKS
＜IPO＞ CHENQI TECH(09680.HK) Closes Down 5.7% to $33 at Midday
On debut today, CHENQI TECH(09680.HK) opened at $30, down 14.3% from the listing price of $35. Peaking/ bottoming at $35.2/30, the stock closed midday...
AASTOCKS
＜Research＞UBS Forecasts CTG DUTY-FREE (01880.HK) 2Q24 NP to Slump 20%, Possibly Missing
UBS forecasted in a research note that CTG DUTY-FREE (01880.HK)'s airport business may contribute RMB2 billion - RMB3 billion in duty-free sales i...
AASTOCKS
＜Research＞M Stanley Lists 'Top 10 Enhanced Div. Screen' Asia Stocks for 3Q (Table)
The MSCI Asia Pacific (excluding Japan) High Dividend Index swelled 6% in total in 2Q24, roughly in line with the 6.4% cumulative increase in the MSCI...
AASTOCKS
＜Research＞BofAS Cuts SINO BIOPHARM (01177.HK) TP to $3.4, Rating Buy
The May sales volume of flurbiprofen/ budesonide/ esomeprazole/ iodixanol, SINO BIOPHARM (01177.HK)'s VBP involved products, fell by 10.9%/ 10.3%/...
AASTOCKS
Research Firm: 2Q24 Global PC Shipments Rise 3% YoY, w/ LENOVO in 1st Place
Worldwide shipments of personal computers (PCs) totalled 64.9 million units in 2Q24, rising 3% YoY, the second consecutive quarter of growth, mainly d...
AASTOCKS
＜Research＞BOCI:CHINA SHENHUA (01088.HK) 1H24 Earnings Guidance Broadly in Line with Forecasts
BOCI released a research report expecting that CHINA SHENHUA (01088.HK)'s 1H24 earnings under IFRS will be RMB31.8 billion to RMB33.8 billion, dow...
AASTOCKS
＜Research＞CMBI Trims ANTA SPORTS (02020.HK) TP to $101.38, Rating Buy
CMB International released a research report on ANTA SPORTS (02020.HK), which tracked a roughly flattish overall retail sales growth in 2Q24, with the...
AASTOCKS
Baidu AI Cloud, Saudi Tourism Authority Ink Collaboration on AI & Foundation Model Technology
Baidu AI Cloud announced that it has recently signed a Memorandum of Understanding (MoU) with the Saudi Tourism Authority. The 2 sides will work toget...
AASTOCKS
XPENG-W Reveals 'P7+' Design w/ Hatchback Style
XPENG-W (09868.HK) (XPEV.US) recently has been working on all aspects of its “MONA M03” such as detail polishing, mass production and delive...
AASTOCKS
＜Research＞Jefferies Cuts SWIREPROPERTIES (01972.HK) to $12, Lowers Earnings Forecast
Jefferies issued a report, updating its valuation model on SWIREPROPERTIES (01972.HK) ahead of the company's announcement of interim results, anti...
AASTOCKS
＜H Shrs＞HSI Opens Up 90 Pts; BIDU-SW, NONGFU SPRING Leap ~8%/ +3%
The HSI opened 90 pts or 0.5% higher at 17,613; the HSCEI opened 36 pts or 0.6% higher at 6,311; and the HSTECH opened 38 pts or 1.1% higher at 3,639....
AASTOCKS
NONGFU SPRING Up 3.7% at Open; Zhong Shanshan's Yangshengtang Mulls to Add Up to $2B Stakes in Next 6 Mths
Yangshengtang, a company owned by Zhong Shanshan, intends to spend up to $2 billion to increase its stake in NONGFU SPRING (09633.HK) in the next 6 mo...
AASTOCKS
CHINA VANKE Dives 4%+ at Open After Issuing Profit Warning, Expecting Interim Swing Into Loss of Up to RMB9B
CHINA VANKE (02202.HK) opened 4.45% lower at $4.29 this morning (10 July), with 1.093 million shares traded in pre-market, involving $4.69 million.
AASTOCKS
＜Research＞Citi: Zhong Shanshan's Plan to Raise Stake in NONGFU SPRING Shows Confidence in Firm Prospects w/ Positive Mkt Reaction Expected
NONGFU SPRING (09633.HK) announced that its major shareholder, Zhong Shanshan will purchase up to $2 billion of the Company's shares from the open...
AASTOCKS
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