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＜H Shrs＞HSI Gains 45 Pts at Close; Chips, Handsets Slip
The HSI gained 45 pts or 0.3% to close at 18,072. The HSCEI added 23 pts or 0.4% to close at 6,464. The HSTECH lost 22 pts or 0.6% to close at 3,655. ...
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China Mobile Computing Center in Beijing Changping Node Put into Use w/ Intelligent Computer Performance 1K+ PetaFLOPS
China Mobile held the 2024 Beijing Mobile Computing Network Conference announcing that the Beijing node of China Mobile computing center, located in t...
AASTOCKS
Baidu AI Cloud Announces Full Upgrade of 3 Core Foundation Model Application Products
Baidu AI Cloud, a subsidiary of BIDU-SW (09888.HK)(BIDU.US), today (25th) held a press conference on AI Cloud Day for its foundation model application...
AASTOCKS
CM BANK: Losses on Investment in CN Property Bonds Affect HK Biz to Certain Extent
CM BANK (03968.HK) (600036.SH)'s business in Hong Kong suffered certain impact due to losses incurred from its investment in China property bonds,...
AASTOCKS
G Sachs Expects 2024 CN E-commerce Sales to Rise 8% YoY
Goldman Sachs released a research report saying that China is now one of the online retail markets that has the highest penetration rate, according to...
AASTOCKS
BIDU's Apollo Go: Public Security Busts Online Misinformation Group Discrediting Co., Involving Hundreds of Accounts
Apollo Go, the self-driving travel service of BIDU-SW (09888.HK) (BIDU.US), noted that the public security authorities have recently busted an online ...
AASTOCKS
CATHAY PAC AIR (00293.HK) to Release New Cabin Products in Each of Coming 3 Yrs
CATHAY PAC AIR (00293.HK) announced that it will launch new seat products in each of the coming 3 years, beginning with an all-new Business class expe...
AASTOCKS
HKT-SS Steve Ng: 100+ Firm Customers Adopt AI Solutions, Devices
AI is reshaping the development of various industries, and driving digital transformation, Steve Ng, Managing Director of Commercial Group at HKT-SS (...
AASTOCKS
＜Midday Takeaway＞HSI Closes Midday at 18,109, Up 81 pts; HSTI Closes Midday at 3,668, Down 9 pts; MENGNIU DAIRY Up over 4%; EB ENVIRONMENT, CHINA POWER Hit New Highs
At midday close, HSI rose 81 pts or 0.5% to 18,109. HSTI dropped 9 pts or 0.3% to 3,668. HSCEI gained 34 pts or 0.5% to 6,475. Active Heavyweig...
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Skytrax Releases World's Best Airline Ranking; CATHAY PAC AIR Rises from 3 Notches to 5th Place
Skytrax announced the world's best airline for 2024, with Qatar Airways regaining the top rank over Singapore Airlines, which dropped to the secon...
AASTOCKS
＜Research＞G Sachs Upgrades MMG to Buy, Downgrades CHINA COAL to Neutral
Goldman Sachs issued a research report lowering its forecasts for steel, coal, cement, lithium and paper stocks, and raising its expectations for alum...
AASTOCKS
CHINA VANKE Gets RMB1.5B Guaranteed Loan From BANKCOMM
CHINA VANKE (02202.HK) (000002.SZ) announced that in order to meet its operational needs, it has applied for a bank loan from BANKCOMM (03328.HK) Shen...
AASTOCKS
WEIMOB INC Releases Corporate-lv AI Foundation Application Product 'WAI Pro'
WEIMOB INC (02013.HK) announced the launch of “WAI Pro”, an AI application product facing corporate customers. This shows that WEIMOB's ...
AASTOCKS
＜Research＞M Stanley Reduces GREENTOWN CHINA (03900.HK) TP to $7.56, Rates Overweight
Morgan Stanley noted in a report that GREENTOWN CHINA (03900.HK) achieved contracted sales of RMB68 billion in the first five months of the year, down...
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＜Research＞UBS Expects Weak Net Interest Income Growth in 1H24 for HANG SENG BANK w/ Continuous Improvement in Non-Interest Income
UBS became more cautious on HANG SENG BANK (00011.HK), based on a potentially weaker-than-expected trend in net interest income. Factors contr...
AASTOCKS
CHINESE EST H (00127.HK) Once Rockets 35%; 12% Stake Deposited into CCASS Last Wk
CHINESE EST H (00127.HK), after hiking nearly 6% to close last day, opened another 6.45% higher today. It once skyrocketed 35.48% to peak at $1.68, a ...
AASTOCKS
＜Research＞UBS: CHINA GAS HOLD (00384.HK) Annual Results Broadly In Line w/ Stable Div.
Excluding one-off item, CHINA GAS HOLD (00384.HK) tracked a core profit of $4 billion for the year ended March, down 4% YoY, broadly in line with the ...
AASTOCKS
＜Research＞UBS: L'OCCITANE (00973.HK) Annual Results Broadly in Line with Forecasts; Rating Neutral
L'OCCITANE (00973.HK)'s FY2024 revenue growth was in line with expectations, UBS released a research report saying. Operating margin e...
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＜Research＞CMBI Is Bullish on Pharma New Consumers as Pharma Sector Valuation Attractive
The MSCI China Health Care Index tumbled 26.5% YTD, underperforming the MSCI China Index by 33.7%, CMBI released a research report saying. The dynamic...
AASTOCKS
＜Research＞BofAS Cuts CHINA GAS HOLD (00384.HK) TP to $7.3; EPS Miss but DPS In-Line
BofA Securities expected in a report that CHINA GAS HOLD (00384.HK) would be a major beneficiary of rising residential gas prices in mainland China. A...
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