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CHINA MOBILE To Join PETROCHINA, Huawei to Promote Application of Foundation Models in Energy Field
Yang Jie, Chairman of CHINA MOBILE (00941.HK)(600941.SH), disclosed at the WAIC 2024 that it will work with partners including PETROCHINA (00857.HK)(6...
AASTOCKS
CHINA TELECOM Ke Ruiwen: AI Shall Focus on R&D of Foundation Model Tech, Promotion on Large-scale Application
Ke Ruiwen, Chairman of CHINA TELECOM (00728.HK), said at the Industrial Development Main Forum of the 2024 World AI Conference & High-Level Meetin...
AASTOCKS
Wang Chuanfu: 1 in Every 3 NEVs Sold in Thai Is BYD
BYD COMPANY (01211.HK) Chairman Wang Chuanfu said at the completion of the Thailand factory and the roll-off of assembly line of the 8 millionth new e...
AASTOCKS
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...
AASTOCKS
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 ...
AASTOCKS
＜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:...
AASTOCKS
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...
AASTOCKS
＜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 ...
AASTOCKS
＜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...
AASTOCKS
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...
AASTOCKS
＜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...
AASTOCKS
＜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...
AASTOCKS
＜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...
AASTOCKS
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...
AASTOCKS
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...
AASTOCKS
＜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...
AASTOCKS
＜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....
AASTOCKS
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...
AASTOCKS
＜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...
AASTOCKS
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...
RTHK·HK
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