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Saudi Arabia bombs the residence of the leader of Yemen's Southern Transitional Council
Local security officials in Yemen said on the 7th that Saudi Arabian warplanes launched a series of airstrikes early that morning on multiple locations in Yemen’s southern Dali’a Governorate, targetin
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Saudi Aramco's stock rose 1.5% in early trading.
Saudi Aramco's stock rose 1.5% in early trading.
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China's Shanghai Composite Index closed up 2.11 points, or 0.05%, at 4,085.77 on Wednesday, January 7; China's Shenzhen Component Index closed up 8.01 points, or 0.06%, at 14,030.56 on Wednesday, January 7; China's CSI 300 Index closed down 14.03 points, or 0.29%, at 4,776.67 on Wednesday, January 7; The ChiNext Index closed up 10.4 points on Wednesday, January 7, a gain of 0.31%, at 3,329.69 points; The China STAR 50 Index closed up 14.09 points on Wednesday, January 7, a gain of 0.99%, at 1,443.39 points.
China's Shanghai Composite Index closed up 2.11 points, or 0.05%, at 4,085.77 on Wednesday, January 7; China's Shenzhen Component Index closed up 8.01 points, or 0.06%, at 14,030.56 on Wednesday, Janu
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Xiaomi Unveils 2025 Technology Awards; Xuanjie O1 Wins Top Prize Worth 10 Million Yuan
According to sources familiar with the matter, Xiaomi announced its 2025 Technology Awards today, with the Xuanjie O1 winning first prize (a 10 million yuan technology award), Xiaomi’s 2200 MPa ultra-
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Germany's real retail sales for November fell by 1.8% year-on-year, compared with an expected 0.10% increase; the previous figure was revised from 1.30% to 1.80%.
Germany's actual retail sales for November fell by 1.8% year-on-year, compared with an expected 0.10% increase; the previous figure was revised from 1.30% to 1.80%.
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Germany's actual retail sales for November fell 0.6% month-on-month, compared with an expected increase of 0.20%; the previous figure was revised from -0.30% to 0.10%.
Germany's actual retail sales for November fell 0.6% month-on-month, compared with an expected increase of 0.20%; the previous figure was revised from -0.30% to 0.10%.
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Announcement: The Shanghai Municipal Government will hold a press conference tomorrow to introduce details of the "Shanghai Action Plan for Accelerating the Development of a World-Class Business Environment (2026)."
Recently, the Shanghai Municipal Government issued the "Shanghai Action Plan for Accelerating the Creation of a World-Class Business Environment (2026)." On January 8, the Shanghai Municipal Governmen
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Members of the Southern Yemen separatist movement say that Zubaidi is overseeing military and security operations in Aden.
Members of the Southern Yemen separatist movement say that Zubaidi is overseeing military and security operations in Aden.
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According to the statement, the Southern Yemen Separation Movement claims that Zubaydi, the leader of the Southern Transitional Council, is currently in Aden.
According to the statement, the Southern Yemen separatist movement claims that Zubaydi, the leader of the Southern Transitional Council, is currently in Aden.
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The State Administration for Market Regulation Issues Opinions on the Criteria for Determining Serious Circumstances in Cases Where Product Quality Testing Institutions Falsify Test Results or Issue False Certificates
For cases involving serious circumstances, market regulation authorities shall impose strict penalties in accordance with the law, revoke the entity’s testing qualifications, and include it on the lis
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HASHKEY HLDGS, a licensed virtual asset trading platform in Hong Kong, saw a sharp afternoon rally and is currently up more than 15%, with its market capitalization surpassing HK$20 billion.
HASHKEY HLDGS, a licensed virtual asset trading platform in Hong Kong, saw a sharp afternoon rally and is currently up more than 15%, with its market capitalization surpassing HK$20 billion.
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On the 7th local time, Saudi Arabia launched an airstrike on Yemen, killing four people. (CCTV News)
On the 7th local time, Saudi Arabia launched airstrikes on Yemen, killing four people. (CCTV News)
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Starting in January, Shenyang will refine five housing provident fund loan policies
Following deliberation and approval by the Shenyang Housing Provident Fund Management Committee, five housing provident fund loan policies will be optimized starting in January 2026. The five optimize
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Zhang Yuzhuo Visits Sichuan to Inspect Central State-Owned Enterprises, Emphasizing the Need to Proactively Plan and Implement a Series of Major Projects and Landmark Initiatives
On January 5–6, Zhang Yuzhuo, Secretary of the Party Committee and Director of the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), traveled to Sichuan to con
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Shandong: Encouraging Foreign and Private Capital to Invest in the Development of the Aviation Maintenance Industry in Shandong
On January 7, the Information Office of the Shandong Provincial People’s Government held a regular policy briefing, inviting officials from the Provincial Department of Transportation and other releva
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Analyst: A stronger dollar and profit-taking are weighing on precious metals
Gold prices fell on Wednesday as investors took profits, while a stronger dollar weighed on sentiment across the precious metals sector ahead of key U.S. jobs data this week. Brian Lan, Managing Direc
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Citi: Forecasts a year-end target of 28,800 points for the S&P 500 (Hang Seng Index)
Citibank forecasts that the Hang Seng Index will reach 27,500 points in June and 28,800 points by year-end.The bank forecasts that Hong Kong residential property prices may rise by 3% year-on-year in
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Spot platinum fell more than 7% to $2,272.65 per ounce.
Spot platinum fell more than 7% to $2,272.65 per ounce.
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Shares of Chinese brokerages fell in the afternoon session, with GF Securities (01776.HK) dropping more than 4%, China Merchants Securities (06099.HK) fell more than 3%, and Zhongzhou Securities (01375.HK), Hongye Futures (03678.HK), and Guolian Minsheng (01456.HK) all fell more than 2%.
Shares of Chinese brokerages fell in the afternoon session, with GF Securities (01776.HK) dropping more than 4%, China Merchants Securities (06099.HK) fell more than 3%, and Zhongzhou Securities (0137
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Hong Kong stocks continued to decline in the afternoon session, with the Tech Index down 2.3% and the Hang Seng Indexs Index down 1.4%. Among the Tech Index constituents, Alibaba fell nearly 5%, while BYD, and Bilibili dropped more than 4%, and XPeng, and NIO fell nearly 4%.
Hong Kong stocks continued to decline in the afternoon session, with the Tech Index down 2.3% and the Hang Seng Indexs Index down 1.4%. Among the Tech Index constituents, Alibaba fell nearly 5%, while
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The ChiNext Index has fallen below 3,300 points and is currently down more than 0.6%.
The ChiNext Index has fallen below 3,300 points and is currently down more than 0.6%.
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Futures on the FTSE China A50 Index fell more than 1% in the afternoon.
Futures on the FTSE China A50 Index fell more than 1% in the afternoon.
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The situation in border areas is tense, and the Chinese Embassy in Tajikistan is reminding Chinese citizens to stay safe.
On January 7, the Chinese Embassy in Tajikistan issued a security advisory: The security situation in the border areas between Tajikistan and Afghanistan is complex and severe, with frequent security
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Precious metal prices continue to decline, with both spot and futures silver prices falling by more than 3%
Spot silver's intraday decline has widened to 3.00%, currently trading at $78.72 per ounce. New York silver futures have fallen 3.00% today and are currently trading at $78.57 per ounce. Spot gold has
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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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Data: Foreign capital outflows from the South Korean stock market have exceeded $100 billion since 2026
Svmuu News: Since early 2026, foreign investors have withdrawn a cumulative total of more than $100 billion from the South Korean stock market. (Coin Bureau)
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