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NTES-S Rallies 6%+; 'Eternal Calamity Mobile' To Have Public Test on 25 Jul
NTES-S (09999.HK)'s stock price is ascending today. It hit the peak of $151.5 during the trading session, and last posted at $150.7, up 6.3%, with...
AASTOCKS
＜Research＞Citi: UK & EU Institutional Investors Raise Interest in CN Consumer Staples, w/ Focus in MENGNIU/ CR BEER/ NONGFU SPRING/ LI NING & Others
Citi Research noted in a report that it recently met with around 30 institutional investors on a UK and European marketing trip. These investors are n...
AASTOCKS
Short Selling Turnover $6.8B, or 17.8% of Eligible Securities Turnover at Midday
The short selling turnover of HK market at midday amounted to $6.8 billion, or 17.8% of the turnover of securities eligible for short selling, against...
AASTOCKS
CHINA MOBILE Chairman: Public Products & Services to be Fully Upgraded, 'AI+' Action Plan to be Promoted
CHINA MOBILE (00941.HK) (600941.SH) Chairman Yang Jie said at MWC 2024 that the information and communications industry, as a strategic, fundamental a...
AASTOCKS
＜Midday Takeaway＞Top 5 Gainers among ETFs; A PANDOBLKCHAIN (03112.HK) Surges 3.7% Topping Chart
A PANDOBLKCHAIN (03112.HK) closed at HK$15.9,up 3.7%. FL2CAMNDQ100 (07261.HK) closed at HK$31.48,up 2.8%. FL2FBFTTAIWAN (07232.HK) close...
AASTOCKS
＜H Shrs＞HSI Fades 3 pts as NTES, MENGNIU DAIRY Leap 4%; Lithium Stocks Rebound
The HSI faded 3 points to 18,069 at midday. The HSCEI added less than 1 point to 6,465. The HSTECH rallied 10 points or 0.3% to 3,665. Total half-day ...
AASTOCKS
＜Midday Takeaway＞HSI Closes Midday at 18,069, Down 3 pts; HSTI Closes Midday at 3,665, Up 10 pts; NTES Up over 4%; CHINA UNICOM, VTECH HOLDINGS Hit New Highs
At midday close, HSI dropped 3 pts or 0.0% to 18,069. HSTI rose 10 pts or 0.3% to 3,665. HSCEI gained 0.000.0% to 6,465. Active Heavyweights:
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SHIMAO: Liquidation Petition Hearing Adjourned; Early Consent Fee Deadline Extended Further
SHIMAO GROUP (00813.HK) announced that today (26th), following a consensual application for an adjournment filed by the Company and the Petitioner, th...
AASTOCKS
＜Research＞CCBI Expects HSI to End Adjustment at 18,000, Rebound Afterwards
After experiencing the bull case in May, the Hong Kong stock market returned to rationality and fluctuated around 18,000, CCBI released a research rep...
AASTOCKS
＜Research＞Citi Upgrades XPENG-W (09868.HK) to Neutral, Elevates TP to $32.2
Citi Research commented in a report that the expected prolongation of future model product cycles and consolidation in the automotive market, which ma...
AASTOCKS
SHIMAO GROUP (00813.HK) Liquidation Hearing in HK Adjourned to 31 July
Bloomberg reported that the High Court of Hong Kong has adjourned the liquidation hearing of SHIMAO GROUP (00813.HK) to 31 July, following a winding-u...
AASTOCKS
＜Research＞Haitong Int'l Upbeat on NetEase's Summer New Game Launches, R&D Strength in Leading Games
Haitong International released a report that NetEase (NTES.US) recently made commercialization adjustments to the end-game Journey to the West o...
AASTOCKS
＜Research＞Citi Reduces NetEase (NTES.US) TP to US$116, Cuts 2Q24 Rev. & NP Forecasts
NTES-S (09999.HK) (NTES.US) will announce its 2Q24 results in mid-August, Citi highlighted in a research report. Taking into account the impac...
AASTOCKS
＜Research＞CLSA Chops WANT WANT CHINA (00151.HK) TP to $4.5, Rates Underperform
CLSA noted in a report that WANT WANT CHINA (00151.HK)'s profit margins for FY24 ended March this year are higher than the market's estimates ...
AASTOCKS
＜Research＞Citi: Alibaba's AliExpress, Brazil's Magalu Co-op Is Positive Strategic Move
In its research report, Citi Research noted that it regards the strategic partnership between Alibaba (BABA.US)’s AliExpress and Brazilian digit...
AASTOCKS
＜IPO＞DIDA INC (02559.HK) Offering Priced at $6/ Shr: Wire
DIDA INC (02559.HK), an online ride-hailing platform in Mainland China, will be listed in Hong Kong on Friday (28th). Reuters cited sources as saying ...
AASTOCKS
＜Research＞BofA Securities Cuts WANT WANT CHINA (00151.HK) TP to $4.8, Reiterates Rating Underperform
WANT WANT CHINA (00151.HK)'s FY2023 sales grew 2.9% YoY, slightly missing BofA Securities' estimation, BofA Securities released a research rep...
AASTOCKS
＜Research＞BofAS Upgrades SUNNY OPTICAL (02382.HK) to Buy, Hikes TP to $67
BofA Securities upgraded the rating on SUNNY OPTICAL (02382.HK) to Buy from Neutral in a recent report, citing the recovery of its profit margins driv...
AASTOCKS
＜Research＞M Stanley Raises GWMOTOR (02333.HK) TP to $12.2, Rates Equalweight
Morgan Stanley released a research report, raising its profit forecasts on GWMOTOR (02333.HK) for FY24 and FY25 by 13% and 7% respectively, reflecting...
AASTOCKS
＜Research＞UBS Downgrades GAC GROUP (02238.HK) to Neutral, Chops TP to $3.2
UBS released a research report estimating that the penetration rate of EV in China will exceed 50% by 2025-2026. The sales volume of its JVs, n...
AASTOCKS
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