Hong Kong and U.S. Stocks
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Kia's global sales in December fell 1.6% to 236,672 units.
Kia's global sales in December fell 1.6% to 236,672 units.
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WeChat Launches AI Mini-Program Growth Initiative
WeChat Mini Programs has announced the official launch of the AI Applications and Online Tools Mini Program Growth Program, which provides comprehensive support including cloud development resources,
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Shanghai Pudong Development Bank extended its losses in the afternoon and is now down more than 5%.
Shanghai Pudong Development Bank extended its losses in the afternoon and is now down more than 5%.
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AI companies are stepping up their efforts to challenge Google's dominance in the browser market
According to the Financial Times, leading AI companies are stepping up their efforts to challenge Google’s dominance in the browser market, betting that this cutting-edge technology will transform the
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According to the Financial Times: The "digital euro" project at the European Central Bank (ECB) will face a decisive vote in 2026.
According to the Financial Times: The "digital euro" project at the European Central Bank (ECB). will face a decisive vote in 2026.
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Hedge Fund Manager Says Venezuela Has Become an Investment "Gold Rush"
Hedge fund manager Ben Cleary believes Venezuela is becoming one of the biggest money-making opportunities for investors in history. He said he would be sending an investment team to Caracas this week
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Former Chevron Executive Plans to Raise $2 Billion to Bet on Venezuela's Oil Industry
According to the Financial Times, Ali Mohiri, the former head of Chevron’s Latin American operations, is raising $2 billion for oil projects in Venezuela. Mohiri said that Amos Global Energy Managemen
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All three major Hong Kong stock indices turned positive in the afternoon, with the Hang Seng Index. rising 0.1%. Insurance stocks continued to climb in the afternoon, with China Taiping up more than 6%, New China Life Insurance up more than 5%, and China Pacific Insurance up more than 4%.
All three major Hong Kong stock indices turned positive in the afternoon, with the Hang Seng Index. rising 0.1%. Insurance stocks continued to climb in the afternoon, with China Taiping up more than 6
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Jefferies: Upgrades IBM (IBM.N) from "Hold" to "Buy"; raises the price target from $300 to $360.
Jefferies: Upgrades IBM (IBM.N) from "Hold" to "Buy"; raises the price target from $300 to $360.
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Singapore's retail sales for November rose 6.3% year-on-year, while the previous figure was revised down from 4.50% to 4.4%.
Singapore's retail sales for November rose 6.3% year-on-year, while the previous figure was revised down from 4.50% to 4.4%.
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Singapore's seasonally adjusted retail sales for November rose 0% month-on-month, compared with a previous reading of 2.30%.
Singapore's seasonally adjusted retail sales for November rose 0% month-on-month, compared with a previous reading of 2.30%.
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Guangdong: All localities and departments must adopt extraordinary thinking, extraordinary efforts, and extraordinary measures to effectively advance investment initiatives
On the afternoon of January 4, a province-wide video conference on investment coordination was held in Guangzhou to discuss and deploy investment initiatives for 2026, with the aim of sparing no effor
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The MSCI Asia Pacific ex-Japan Index rose 1.4% to 745.09, hitting a record high.
The MSCI Asia Pacific ex-Japan Index rose 1.4% to 745.09, hitting a record high.
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Jefferies: Raises the price target for Alphabet, the parent company of Google, from $320 to $365.
Jefferies: Raises the price target for Alphabet, the parent company of Google, from $320 to $365.
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Jefferies: Raises its price target forAmazon (AMZN.O) from $275 to $300.
Jefferies: Raises its price target forAmazon (AMZN.O) from $275 to $300.
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Stock indices in Japan and South Korea both extended their intraday gains to 3%
The Nikkei 225 index has surged 3.00% today and is currently trading at 51,850.07. South Korea's KOSPI index is up 3% and stands at 4,437.99.
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Toyota has asked its employees in Venezuela to work from home
Toyota Motor Corporation has asked its employees in Venezuela to work from home in response to the ongoing political turmoil in the country. A spokesperson said that local employees have been instruct
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South Korea's KOSPI rose 3% to 4,439.33 points.
South Korea's KOSPI rose 3% to 4,439.33 points.
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Citi: Xiaomi's target of 550,000 EV deliveries this year is conservative
Citigroup released a report stating that Lei Jun, Chairman of Xiaomi Group (01810.HK), revealed during a New Year’s livestream on the evening of January 3 that the company’s 2026 electric vehicle deli
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South Korean President Lee Jae-myung: South Korea and China need to expand economic cooperation in the field of artificial intelligence. (Yonhap News)
South Korean President Lee Jae-myung: South Korea and China need to expand economic cooperation in the field of artificial intelligence. (Yonhap News)
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Hong Kong Midday Market Update: Hang Seng Index Down 0.08%, Hang Seng Tech Index Down 0.18%
As of the midday close, the Hang Seng Index was down 0.08%, while the Hang Seng Tech Index fell 0.18%. In the market, oil stocks, auto stocks, commercial space stocks, and gaming software stocks led t
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Daiwa downgrades Moxie to "Hold" and lowers its target price to HK$427
Daiwa issued a report stating that Mixue Group (02097.HK) is facing a potential downward revaluation of its valuation due to a slowdown in future earnings growth, and that its second growth engine has
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Nomura Securities: Raises its price target forBaidu (BIDU.O) from $140 to $178.
Nomura Securities: Raises its price target for Baidu (BIDU.O) from $140 to $178.
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Overseas-Chinese Banking Corporation: Risks in Venezuela Offer Limited Support for Oil Prices
Vasu Menon, Managing Director of Investment Strategy at OCBC Bank in Singapore, noted that although Donald Trump has pledged U.S. corporate support to revive Venezuela’s oil production, it will still
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CATL, China's battery giant, saw its stock price fall 10% over two days, marking its largest drop in nearly a year, as investors grew concerned about its Q3 outlook and rumors of production cuts.
CATL, China's battery giant, saw its stock price fall 10% over two days, marking its largest drop in nearly a year, as investors grew concerned about its Q3 outlook and rumors of production cuts.
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Alluvium Asset Management: Alibaba's (BABA) Short-Term Capex Drag Creates a 30% Valuation Discount
Alluvium Asset Management stated in its Q2 2026 investor letter that Alibaba's free cash flow turned negative due to capital expenditures, but its maintainable earnings yield has increased to 7.7%, tr
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Authentic Brands Group, a licensor of brands like Elvis Presley and Reebok, is eyeing a public offering as early as the first half of next year
Authentic Brands Group, a licensor of brands like Elvis Presley and Reebok, is eyeing a public offering as early as the first half of next year
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China and Hong Kong stock traders hold low expectations for substantial results from the upcoming Xi-Trump meeting, placing the event on the back burner.
China and Hong Kong stock traders hold low expectations for substantial results from the upcoming Xi-Trump meeting, placing the event on the back burner.
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The Hang Seng Index is down 1.52% today, currently at 24,574.49.
The Hang Seng Index is down 1.52% today, currently at 24,574.49.
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Asian Stocks Mixed as Middle East Crisis Escalates: Hang Seng Falls 42 Points, KOSPI Jumps 1.4%
Hong Kong's Hang Seng Index fell 42 points to close at 25,274, with the Hang Seng China Enterprises Index dipping 0.34% and the Hang Seng Tech Index falling 0.76%. Mainland stocks gained, with the Sha
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LVMH sheds boom-time gains as luxury 'feelgood factor' fades, with investors doubting recovery
LVMH sheds boom-time gains as luxury 'feelgood factor' fades, with investors doubting recovery
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The Hang Seng Index rose 1.6% intraday, now at 25,616.24.
The Hang Seng Index rose 1.6% intraday, now at 25,616.24.
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Shore Capital Reiterates 'Sell' Rating on HSBC, Sees 13% Downside to 1,335p Target
Broker Shore Capital reiterated its 'sell' recommendation on HSBC Holdings PLC (LSE:HSBA, NYSE:HSBC), warning that the shares' "punchy valuation" more than reflects the bank's confident outlook. Analy
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NIO's vehicle gross margin remained at 18.5% in Q2, and non-GAAP operating profit has been positive for three consecutive quarters.
NIO announced on its Q2 2026 earnings call that its vehicle gross margin remained at 18.5% in the second quarter, despite continuous increases in raw material and chip costs. Non-GAAP operating profit
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First Eagle Global Fund stated in its Q2 2026 investor letter that ExxonMobil (XOM) performed better than expected due to increased production in Guyana and the Permian Basin, despite falling crude oil prices and business disruptions in the Middle East.
The fund continues to view ExxonMobil as a high-quality operator with strong capital discipline, an attractive portfolio of durable assets, and a commitment to shareholder returns. As of August 31, Ex
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Alibaba is down 4.02% intraday, now trading at $114.120.
Alibaba is down 4.02% intraday, now trading at $114.120.
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Sungrow Power Supply Co., Ltd. shares fell 8.4% after its first-half profit plunged by nearly one-third.
Shares of Sungrow Power Supply Co., one of the world's largest renewable energy equipment manufacturers, fell 8.4% in Shenzhen on Monday, reaching a new low in over a year. This brings the company's q
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UP Fintech, the parent company of Tiger Brokers, reported a 31.4% year-over-year increase in second-quarter revenue, reaching a record $182.3 million, as overseas expansion offset the impact of regulatory changes in mainland China.
UP Fintech Holding (parent company of Tiger Brokers) announced on Wednesday that its second-quarter revenue increased by 31.4% year-over-year to a record $182.3 million. However, net income attributab
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Neways' H1 revenue increased by 100.34% year-on-year to RMB 20.91 billion, and net profit increased by 90.98% to RMB 7.529 billion, but its stock price fell by over 2% the next day.
Xinyisheng released its semi-annual report for 2026 on the evening of August 24. The report showed that the company's operating revenue in the first half of the year reached RMB 20.91 billion, a year-
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The day after Alibaba announced an HKD 80 billion placement fully dedicated to AI, Joe Tsai and Eddie Wu collectively increased their stock holdings by HKD 120 million.
Alibaba Group Chairman Joe Tsai and CEO Eddie Wu, on the day after the company announced a new share placement plan of HKD 80 billion, collectively increased their personal holdings of Alibaba shares
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The Hang Seng Index fell 1.51% during the day, now at 25,616.88.
The Hang Seng Index fell 1.51% during the day, now at 25,616.88.
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Alibaba fell 4.72% today, now trading at $122.820
Alibaba fell 4.72% today, now trading at $122.820
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POET Technologies (POET) receives an initial $50M Lumilens purchase order with $500M+ framework potential, leading 24/7 Wall St. to set a $21.14 BUY target, implying 124.89% upside.
The AI optical computing stock's Q2 FY26 revenue was $569,925, up 112.29% year-over-year but missing expectations by 17.58%. The company closed the quarter with approximately $796 million in cash and
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WuXi AppTec's stock price surged 100% to an all-time high, as investors bet on its continued core position in the global drug supply chain.
WuXi AppTec's stock price hit a record high last week, doubling its January level, despite the U.S. Pentagon listing it as a Chinese military company, which could lead some American clients to withdra
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Lenovo Group Ltd. shares surged 19% after its quarterly revenue jumped 43%, widely beating analyst estimates and renewing optimism around AI-driven demand.
Lenovo Group Ltd. shares surged 19% after its quarterly revenue jumped 43%, widely beating analyst estimates and renewing optimism around AI-driven demand.
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HSBC shares surge to record high, with investors keenly awaiting earnings report for clues on capital returns and buybacks
The Asia-focused lender's stock rally to a record has set a high bar for its upcoming earnings. Investors are particularly focused on the results to see if they can sustain the rally, looking for deta
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SkyWest (SKYW) Executives Sold Stock for Three Consecutive Days, with Operations VP Greg Wooley Selling 17,726 Shares at $108.55 Each
SkyWest, Inc. (NASDAQ:SKYW) executives have sold company stock for three consecutive days, with Executive VP of Operations Greg Wooley selling 17,726 shares of common stock on July 30 at a weighted av
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Southern Fund's Double-Leveraged Hynix ETF rose more than 14%, and its Double-Leveraged Samsung Electronics ETF rose more than 11%
Svmuu News: According to data from MSX.COM, the Southern Double Long Hynix (07709.HK) rose more than 14%, and the Southern Double Long Samsung Electronics (07747.HK) rose more than 11%.
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