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<Research>Citi Downgrades ANTA SPORTS (02020.HK) With Lower TP for Sportswears' More Cautious Outlook

<Research>Citi Downgrades ANTA SPORTS (02020.HK) With Lower TP for Sportswears' More Cautious Outlook

Citi Research released a report predicting that China's sportswear sector will achieve an LSD-MSD growth over 2024-26, lower than the HSD growth f...

icoAASTOCKS
2024-07-31 14:03
Short Selling Turnover $6.1B, or 14% of Eligible Securities Turnover at Midday

Short Selling Turnover $6.1B, or 14% of Eligible Securities Turnover at Midday

The short selling turnover of HK market at midday amounted to $6.1 billion, or 14% of the turnover of securities eligible for short selling, against 1...

icoAASTOCKS
2024-07-31 13:30
Fitch: Global Automakers Drive Towards Crossroads of Price War in CN

Fitch: Global Automakers Drive Towards Crossroads of Price War in CN

Fitch Ratings believed multinational carmakers may need to re-examine their pricing strategies in China as the market's transition to electric veh...

icoAASTOCKS
2024-07-31 13:21
HANG SENG BANK (00011.HK) Tumbles ~3% in PM, Dipping Below $100; Interim NP Slightly Rises 0.7%

HANG SENG BANK (00011.HK) Tumbles ~3% in PM, Dipping Below $100; Interim NP Slightly Rises 0.7%

HANG SENG BANK (00011.HK) logged a net profit of $9.893 billion in 1H24, rising 0.7% and higher than market expectations. The lender declared a second...

icoAASTOCKS
2024-07-31 13:04
<Research>Citi: WUXI APPTEC (02359.HK) to Face Greater GPM Pressure; TP Slashed to $70

<Research>Citi: WUXI APPTEC (02359.HK) to Face Greater GPM Pressure; TP Slashed to $70

WUXI APPTEC (02359.HK)'s 1H24 orders on hand grew 33% YoY, reflecting a higher visibility in meeting guidance targets for the full year, Citi Rese...

icoAASTOCKS
2024-07-31 12:48
<H Shrs>HSI Ascends 323 pts at Midday; Brokerages & CN Homebuilders Rally, while HSBC & HANG SENG Rise Pre-results

<H Shrs>HSI Ascends 323 pts at Midday; Brokerages & CN Homebuilders Rally, while HSBC & HANG SENG Rise Pre-results

HSI elevated 323 points or 1.9% to 17,326 at half-day. HSCEI lifted 124 points or 2.1% to 6,111. HSTECH rose 98 points or 2.9% to 3,513. Half-day turn...

icoAASTOCKS
2024-07-31 12:32
HSBC Aims Mid-teens Return on Avg. Tangible Equity in 2025, Div. Payout Target of 50% for 2024

HSBC Aims Mid-teens Return on Avg. Tangible Equity in 2025, Div. Payout Target of 50% for 2024

HSBC HOLDINGS (00005.HK) has just announced the interim results for 2024. Noel Quinn, Group Chief Executive, said that after delivering record profits...

icoAASTOCKS
2024-07-31 12:24
<Midday Takeaway>HSI Up 323 pts; HSTI Up 98 pts; MEITUAN Up over 3%; PING AN Up over 3%

<Midday Takeaway>HSI Up 323 pts; HSTI Up 98 pts; MEITUAN Up over 3%; PING AN Up over 3%

At midday close, HSI rose 323 pts or 1.9% to 17,326. HSTI rose 98 pts or 2.9% to 3,513. HSCEI gained 124 pts or 2.1% to 6,111. Active Heavyweig...

icoAASTOCKS
2024-07-31 12:12
Brokers Track Bigger Upswing; HOLLY FUTURES (03678.HK) Leaps 58%

Brokers Track Bigger Upswing; HOLLY FUTURES (03678.HK) Leaps 58%

The mainland China and Hong Kong stock markets blossomed this morning, with the CSI 300 now up nearly 2% at 3,436, and the HSI now at 17,349, up 346 p...

icoAASTOCKS
2024-07-31 11:34
XIAOMI-W Applies for Several 'SU7 Ultra'-related Trademarks, Plans to Launch New Model in 1H25

XIAOMI-W Applies for Several 'SU7 Ultra'-related Trademarks, Plans to Launch New Model in 1H25

Xiaomi Inc. recently filed applications for several word marks such as “Xiaomi SU7 Ultra” and “Xiaomi Ultra”, as well as &#822...

icoAASTOCKS
2024-07-31 11:26
<Research>Macquarie Cuts TP of MENGNIU DAIRY to $23; Raw Milk Price Fall Enough to Offset Negatives From Competition

<Research>Macquarie Cuts TP of MENGNIU DAIRY to $23; Raw Milk Price Fall Enough to Offset Negatives From Competition

Macquarie expected in a report that MENGNIU DAIRY (02319.HK)'s 1H24 results would be weak, with revenue and net profit expected to fall by 6% and ...

icoAASTOCKS
2024-07-31 11:22
<Research>Nomura Cuts TPs on CR LAND, COLI & LONGFOR, Expects 1H24 Earnings Weak

<Research>Nomura Cuts TPs on CR LAND, COLI & LONGFOR, Expects 1H24 Earnings Weak

According to a research report by Nomura, weak sales in the Chinese property market have continued to affect earnings, and the data and guidance for 1...

icoAASTOCKS
2024-07-31 11:14
<Research>JPM Cuts HANG LUNG PPT (00101.HK) TP to $5.3, Expects Shr Price to Likely Dwell at Bottom

<Research>JPM Cuts HANG LUNG PPT (00101.HK) TP to $5.3, Expects Shr Price to Likely Dwell at Bottom

JPMorgan noted in a research report that shares of HANG LUNG PPT (00101.HK) fell after the announcement of its interim results. Although the dividend ...

icoAASTOCKS
2024-07-31 11:08
<Research>CLSA Downgrades HANG LUNG PPT (00101.HK) to Hold, Chops TP to $5.5

<Research>CLSA Downgrades HANG LUNG PPT (00101.HK) to Hold, Chops TP to $5.5

HANG LUNG PPT (00101.HK) cut its interim dividend by 33%, which is unexpected and disappointing the market, CLSA released a research report saying. Ma...

icoAASTOCKS
2024-07-31 10:58
<Research>G Sachs Downgrades EAST BUY (01797.HK) to Sell, Axes TP to $7.1

<Research>G Sachs Downgrades EAST BUY (01797.HK) to Sell, Axes TP to $7.1

Goldman Sachs' research report lowered its rating on EAST BUY (01797.HK) from Neutral to Sell and its target price from $15.9 to $7.1. In its view...

icoAASTOCKS
2024-07-31 10:57
Kraft Heinz Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate

Kraft Heinz Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate

The Kraft Heinz CompanyKHC is scheduled to release its financial results for the second quarter, bef

icoBenzinga
2024-07-31 10:55
<Research>JPM: SWK, Makita Quarterly Earnings Beat Indicate Widening Demand Recovery; Rating Overweight Kept on TECHTRONIC IND

<Research>JPM: SWK, Makita Quarterly Earnings Beat Indicate Widening Demand Recovery; Rating Overweight Kept on TECHTRONIC IND

Stanley Black and Decker (SWK.US)'s 2Q24 results and Makita's 1FQ25 results beat estimations, bringing positive impact to TECHTRONIC IND (0066...

icoAASTOCKS
2024-07-31 10:53
Nasdaq Tumbles As Microsoft, Nvidia And Other Tech Stocks Decline: Greed Index Moves To 'Fear' Zone - Mic

Nasdaq Tumbles As Microsoft, Nvidia And Other Tech Stocks Decline: Greed Index Moves To 'Fear' Zone - Mic

Market sentiment declines as Fear & Greed index moves to 'Fear' zone. Dow Jones gains ahead of major earnings and Fed policy decision.

icoBenzinga
2024-07-31 10:50
Microsoft, Boeing And 3 Stocks To Watch Heading Into Wednesday - Microsoft (NASDAQ:MSFT)

Microsoft, Boeing And 3 Stocks To Watch Heading Into Wednesday - Microsoft (NASDAQ:MSFT)

With U.S. stock futures trading mixed this morning on Wednesday, some of the stocks that may grab in

icoBenzinga
2024-07-31 10:37
Rivian Follows In Tesla's Footsteps, Reportedly Drops Key Fob With New R1 Deliveries - Rivian Automotive

Rivian Follows In Tesla's Footsteps, Reportedly Drops Key Fob With New R1 Deliveries - Rivian Automotive

Rivian has stopped providing key fobs to new customers, who must now use a key card or mobile app. The company may sell key fobs separately.

icoBenzinga
2024-07-31 10:31