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＜Research＞CICC Latest Top Pick Portfolio for Overseas CN Stocks (Table)
CICC published a strategy report for Hong Kong stocks, listing its latest overseas Chinese stock strategy portfolio: Stocks│2024E EPS Cha...
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＜Research＞CICC Expects HSI to Recover to Target Range of 19,000-20,000, Calls for Focus on 3 Major Directions
Hong Kong's stock market remained volatile last week, with a slight gain in 5-days MA, with certain support from rising expectations for interest...
AASTOCKS
BYD Acquires 20% Stake in Thai Dealer
Following the earlier establishment of a factory in Thailand, BYD COMPANY (01211.HK)(002594.SZ) said it acquired a 20% stake in Rever Automotive, a lo...
AASTOCKS
Christopher Hui Is Confident that Foreign Capital Will Return to HK in Medium to Long Term
Secretary for Financial Services and the Treasury, Christopher Hui, said in an interview with the Hong Kong Economic Journal that if there are investm...
AASTOCKS
CMHK Launches 'One Card, Three Places' Service Plan
China Mobile Hong Kong announced today (8 July) the launch of its “5G One Card, Three Places Service Plan”, which enables customers to use d...
AASTOCKS
PETROCHINA (00857.HK) Subsidiary Xinjiang Oilfield Company Exceeds Oil, Gas Production Goals in 1H24
PetroChina announced that in 1H24, its subsidiary Xinjiang Oilfield Company produced 7.3135 million tonnes of crude oil and 2.237 billion cubic metres...
AASTOCKS
LI AUTO-W's L7 Amasses Deliveries of 200K+ Cars
Since the delivery of the Li L7 began in March 2023, more than 200,000 vehicles have been delivered in aggregate in the past 16 months, LI AUTO-W (020...
AASTOCKS
Baidu Netdisk Is on Apple's Vision Pro Product, Involving VR Tech
BIDU-SW (09888.HK) (BIDU.US)'s personal cloud storage service, Baidu Netdisk (once known as “Baidu Cloud”) landed on Apple Inc. (AAPL.US...
AASTOCKS
XPENG-W VP cum Tech Center Head Resign
The management of XPENG-W (09868.HK) is under shakeup, Chinese media reported. Jiao Qingchun, vice president of the group and head of the organization...
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＜Research＞China Renaissance Upgrades Tesla (TSLA.US) to Buy, Hikes TP to US$282.13
Tesla (TSLA.US) surpassed expectations for electric vehicle deliveries and energy storage installations in 2Q, according to a report by China Renaissa...
AASTOCKS
＜On Move＞DIDA INC (02559.HK) Once Slips ~12%, Last Price Halved from Listing Price
DIDA INC (02559.HK) opened 3.57% higher today, and already saw a peak of $3.48 today, before turning south to a low of $2.96, slipping 11.9% at one po...
AASTOCKS
＜Research＞CICC: KUAISHOU Iterates Again 'Kling' Foundation Model, but Logs Muted 618 E-commerce Growth
CICC noted in a report that KUAISHOU-W (01024.HK) has recently demonstrated its self-developed foundation model product matrix at the World Artificial...
AASTOCKS
＜Research＞CICC Elevates TINGYI (00322.HK) TP to $12, Expects 1H24 Margin to Improve
CICC released a research report estimating that TINGYI (00322.HK)'s 1H24 revenue will grow slightly YoY, with low single-unit growth in beverages ...
AASTOCKS
＜Research＞UOB Kay Hian Initiates Rating Buy on BYD ELECTRONIC (00285.HK) w/ TP $47.7
BYD ELECTRONIC (00285.HK) is one of the best players in the consumer electronics space to capitalize on the GenAI opportunity, due to its growing posi...
AASTOCKS
＜Research＞Citi Initiates KUAISHOU-W (01024.HK) at Buy with $69 TP
With the persistent improvement of financial performance and sustainable earnings growth prospects, Citi opined KUAISHOU-W (01024.HK)'s current va...
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FOSUN INTL (00656.HK) Repays US$600M Debt; No More Offshore Bond Maturities in Next 15 Mths
FOSUN INTL (00656.HK) has paid off US$600 million of maturing overseas US dollar bonds, completing the payment of all offshore bonds this year, with n...
AASTOCKS
＜Research＞G Sachs: Europe's Long-haul Tariffs Fall WoW for 1st Time Since Mid-Apr, Adding Investors Concerns over Freight Rate Close to Peak
The Shanghai Shipping Exchange released the latest weekly SCFI, Goldman Sachs released a research report saying. While the overall SCFI remain...
AASTOCKS
＜Research＞G Sachs Raises TPs for TINGYI/ U-PRESID CHINA on Margin Expansion in 1H24
Goldman Sachs issued a research report expecting that TINGYI (00322.HK)'s 1H24 sales will rise 1% YoY to RMB41.3 billion, and net profit will grow...
AASTOCKS
＜Research＞CLSA Cuts BUD APAC (01876.HK) TP to $11.4, Rating Outperform
BUD APAC (01876.HK) will announce its 2Q24 results early next month. According to a research report issued by CLSA, it was expected that in light of w...
AASTOCKS
＜Research＞M Stanley Lifts SINOPEC CORP (00386.HK) TP to $5.73, Rating Overweight
Morgan Stanley issued a research report lifting its target price on SINOPEC CORP (00386.HK)'s H-shares from $5 to $5.73, with rating kept at Overw...
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