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<IPO> DIDA INC(02559.HK) Closes Down 9.7% to $5.42 at Midday

<IPO> DIDA INC(02559.HK) Closes Down 9.7% to $5.42 at Midday

On debut today, DIDA INC(02559.HK) opened at $5.23, down 12.8% from the listing price of $6. Peaking/ bottoming at $5.69/5.23, the stock closed midday...

icoAASTOCKS
2024-06-28 12:05
<Results>PERFECT MEDICAL Annual NP $316M, Up 0.1%; Final & Spec. Div. Total 17.3 Cents

<Results>PERFECT MEDICAL Annual NP $316M, Up 0.1%; Final & Spec. Div. Total 17.3 Cents

PERFECT MEDICAL (01830.HK) announced the annual results ended March 2024. The turnover rose 0.3% year on year to HK$1.393 billion. It recorded a net p...

icoAASTOCKS
2024-06-28 12:03
HSBC Reportedly Intends to Further Explore Indian Affluent Diaspora Mkt

HSBC Reportedly Intends to Further Explore Indian Affluent Diaspora Mkt

HSBC HOLDINGS (00005.HK) is testing a series of new products and services in an attempt to seize more business from India's wealthy expatriates, B...

icoAASTOCKS
2024-06-28 11:47
<Research>JPM Suggests to Start Accumulating Quality Div.-paying Utilities, Upgrades PAH to Overweight

<Research>JPM Suggests to Start Accumulating Quality Div.-paying Utilities, Upgrades PAH to Overweight

JPMorgan suggested in a report that investors could start to accumulate quality dividend-paying utilities amid the current market volatility and the p...

icoAASTOCKS
2024-06-28 11:26
<Research>CCBI Expects HSI to Oscillate Between 17,500 - 18,000 in Short Term; Rebound May Restart in 3Q

<Research>CCBI Expects HSI to Oscillate Between 17,500 - 18,000 in Short Term; Rebound May Restart in 3Q

CCBI released its HK Equity Strategy Data Monitor report for June, noting that the Hong Kong stock market has retreated over the past month, with HSI,...

icoAASTOCKS
2024-06-28 11:22
GUM: MPF Overall Performance Strong in 1H24; Avg. Per-member YTD Return $13,364

GUM: MPF Overall Performance Strong in 1H24; Avg. Per-member YTD Return $13,364

MPF consultancy GUM released its MPF results report for 1H24. In year-to-date terms, as of 24 June, the GUM Composite Index mounted 5.5% to 237.8, the...

icoAASTOCKS
2024-06-28 11:02
<IPO>Private Equity Fund Manager 'Broad General' Applies for HK IPO; 80 Funds Under Mgmt in 2023

<IPO>Private Equity Fund Manager 'Broad General' Applies for HK IPO; 80 Funds Under Mgmt in 2023

Broad General, a private investment fund manager specialising in serving high net worth individuals and dedicated to empowering China's high-tech ...

icoAASTOCKS
2024-06-28 10:30
<Research>JPM: Launch of Sam's Club Direct Delivery Service to HK Has Manageable Impact on HK Retail Sales

<Research>JPM: Launch of Sam's Club Direct Delivery Service to HK Has Manageable Impact on HK Retail Sales

JPMorgan noted in a report that Sam's Club, a subsidiary of Walmart (WMT.US), launched a direct delivery service from its Shenzhen shop to Hong Ko...

icoAASTOCKS
2024-06-28 10:29
<Research>JPM: ICBC Mgmt Positive on NIM

<Research>JPM: ICBC Mgmt Positive on NIM

In a recent report, JP Morgan said that seven Chinese banks held shareholder meetings over the past few days. The minutes of these meetings were subse...

icoAASTOCKS
2024-06-28 10:29
CN Relaxes Duty-free Allowance for Residents Entering From HK, MO; SA SA INT'L Once Lifts 3%, But Other Retails Trade Sideways

CN Relaxes Duty-free Allowance for Residents Entering From HK, MO; SA SA INT'L Once Lifts 3%, But Other Retails Trade Sideways

Mainland China has relaxed the duty-free allowance for Mainland travellers returning from Hong Kong and Macao, but local retail stocks are generally t...

icoAASTOCKS
2024-06-28 10:21
<IPO>CHENQI TECH (09680.HK) IPO Starts Tdy, 1-lot Entry Fee $4,585.79

<IPO>CHENQI TECH (09680.HK) IPO Starts Tdy, 1-lot Entry Fee $4,585.79

Mainland online rideshare service company CHENQI TECH (09680.HK) has announced the details of its IPO, proposing to offer 30.0048 million shares globa...

icoAASTOCKS
2024-06-28 10:17
HK market sinks at open, despite US gains overnight

HK market sinks at open, despite US gains overnight

Hong Kong shares sank at the open on Friday, despite another positive lead from Wall Street and ahead of crucial US inflation data due later in the da...

icoRTHK·HK
2024-06-28 09:54
EVERG VEHICLE Rallies 9%+; Liquidators of EVERGRANDE Nominate Directors

EVERG VEHICLE Rallies 9%+; Liquidators of EVERGRANDE Nominate Directors

EVERG VEHICLE (00708.HK) today opened 2.35% higher before gains expanded. It last printed at $0.465, up 9.41%, temporarily the highest point after the...

icoAASTOCKS
2024-06-28 09:48
<Research>BofAS Raises CATHAY PAC AIR (00293.HK) TP to $12, Rates Buy

<Research>BofAS Raises CATHAY PAC AIR (00293.HK) TP to $12, Rates Buy

BofA Securities noted in a report that CATHAY PAC AIR (00293.HK)'s 1H24 passenger yields are normalising in line with previous business guidance. ...

icoAASTOCKS
2024-06-28 09:45
<H Shrs>HSI Descends 133 pts at Open as Techs, Autos Wane; XPENG Slumps 3%+

<H Shrs>HSI Descends 133 pts at Open as Techs, Autos Wane; XPENG Slumps 3%+

Hong Kong stocks opened lower in the morning. HSI opened lower by 133 points or 0.8% at 17,583. HSCEI opened lower by 56 points or 0.9% at 6,267. HSTE...

icoAASTOCKS
2024-06-28 09:32
SINO-OCEAN GP Slumps ~15% at Open, Filed Winding-up Petition by Bank of New York Mellon

SINO-OCEAN GP Slumps ~15% at Open, Filed Winding-up Petition by Bank of New York Mellon

SINO-OCEAN GP (03377.HK) opened 14.67% lower at $0.32 today (28th), with 3.6475 million shares traded, involving $1.1672 million. SINO-OCEAN GP had ye...

icoAASTOCKS
2024-06-28 09:30
<IPO>CN Jewellery Firm 'Zhou Liu Fu' Applies for HK Listing After Failing to List in A-shr Mkt Twice

<IPO>CN Jewellery Firm 'Zhou Liu Fu' Applies for HK Listing After Failing to List in A-shr Mkt Twice

Mainland jewellery company Zhou Liu Fu has submitted a listing application to SEHK, with CICC and China Securities as joint sponsors. According...

icoAASTOCKS
2024-06-28 09:10
SINO-OCEAN GP Says Entering Advanced Stage Negotiations w/ Syndicate Loan Lenders, Strongly Opposes Winding-up Petition

SINO-OCEAN GP Says Entering Advanced Stage Negotiations w/ Syndicate Loan Lenders, Strongly Opposes Winding-up Petition

SINO-OCEAN GP (03377.HK) announced that significant progress has been made in formulating a holistic solution to its current offshore liquidity situat...

icoAASTOCKS
2024-06-28 08:51
AlixPartners Expects CN Automakers to Hit 33% of Global Mkt Shr by 2030

AlixPartners Expects CN Automakers to Hit 33% of Global Mkt Shr by 2030

Chinese automakers are anticipated to continue their rapid expansion overseas, and by 2030, will account for 33% of the global automotive market share...

icoAASTOCKS
2024-06-28 08:37
Saudi Aramco Reportedly Plans to Join 10% Stake of Renault-Geely JV

Saudi Aramco Reportedly Plans to Join 10% Stake of Renault-Geely JV

Saudi Aramco will take a 10% stake in Horse Powertrain, the hybrid and fuel power joint venture between Renault and Geely, which is less than the prev...

icoAASTOCKS
2024-06-28 08:28