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Midday Takeaway: HSI Closes Midday at 19,177, Down 74 pts; HSTI Closes Midday at 3,870, Down 50 pts; COUNTRY GARDEN Up over 5%; STAR CM Hit New Highs

At midday close, HSI dropped 74 pts or 0.4% to 19,177. HSTI dropped 50 pts or 1.3% to 3,870. HSCEI…

Research Report: G Sachs: CN Game Industry Hails Multiple Positives, Recommends Tencent/ NetEase/ XD

Goldman Sachs stated its optimism about the China game industry in a research report. The broker cited multiple positive factors…

*G Sachs: CN Game Industry Hails Multiple Positives, Recommends Tencent/ NetEase/ XD

~AAStocks Financial NewsWeb Site: www.aastocks.com...…

HK Open: HSI Sags 24 Pts as Techs Wane

Hong Kong bourse echoed the external market to open lower this morning. The HSI dropped 24 pts or 0.1% to…

HKD309.2M Southbound Trading Net Outflow from MEITUAN-W

There was HKD118.8 million, HKD85 million and HKD69 million Southbound Trading net inflow to KUAISHOU-W (01024.HK), SMIC (00981.HK) and CHINA…

TENCENT Buys back 1.19M Shrs for $400M

TENCENT (00700.HK) disclosed that the company repurchased 1.19 million shares of the company on the Stock Exchange on 7 June…

WeChat Pay Provides Palmprint Verification Service for Pax at Some Beijing Metro Stations

TENCENT (00700.HK) announced that its WeChat Pay unrolled the palmprint verification service for passengers at Caoqiao Station, Daxing Xincheng Station…

Full-day Takeaway: HSI Closes at 19,252, Up 152 pts; HSTI Closes at 3,921, Up 86 pts; TECHTRONIC IND Up over 5%; STAR CM, UNITED LAB Hit New Highs

At close, HSI rose 152 pts or 0.8% to 19,252. HSTI rose 86 pts or 2.3% to 3,921. HSCEI gained…

Chinese EV start-up Hozon ramps up exports as it cashes in on popularity of Neta SUV in Southeast Asia

Shanghai-based Hozon follows up exports of 3,600 cars in March with another batch of 4,000 units recently, according to a…

China telecom operators keen to invest in quantum computing R&D

State-run China Telecom has announced on its official WeChat account that it will invest CNY3.0 billion (UD$421 million) to establish…

HK Open: HSI Surges 227 Pts on Techs; JD Up 4%

The HSI opened higher by 227 pts or 1.2% to 19,327 this morning (7th) on the back of techs. The…

CHINA VANKE, TENCENT Tie up Strategically

CHINA VANKE (02202.HK) (000002.SZ) clinched a strategic cooperation with TENCENT (00700.HK) (TCEHY.US) yesterday (6th), whereby the two parties will start…

TENCENT Buys back 1.2M Shrs for Over $400M

A disclosure report showed that TENCENT (00700.HK) repurchased a total of 1.2 million shares of the company on the Stock…

Full-day Takeaway: HSI Closes at 19,099, Down 9 pts; HSTI Closes at 3,834, Down 6 pts; LONGFOR Up over 7%; SINOPEC KANTONS, UNITED LAB Hit New Highs; Market Turnover Rises

At close, HSI dropped 9 pts or 0.0% to 19,099. HSTI dropped 6 pts or 0.2% to 3,834. HSCEI gained…

TENCENT & CAS Granted Patent on AI Psychological Counselling: Report

According to data from Tianyancha, the patent application of the Institute of Psychology of the Chinese Academy of Sciences (CAS)…

Midday Takeaway: HSI Closes Midday at 19,206, Up 98 pts; HSTI Closes Midday at 3,865, Up 24 pts; LONGFOR Up over 9%; SINOPEC KANTONS, CHINA LILANG Hit New Highs

At midday close, HSI rose 98 pts or 0.5% to 19,206. HSTI rose 24 pts or 0.6% to 3,865. HSCEI…

MEITUAN Founder Wang Huiwen Dismisses His AI Startup Receives US$230M Financing

Rumor had it that MEITUAN-W (03690.HK) co-founder Wang Huiwen's AI start-up company Light Year AI Limited recently completed the latest…

HK Open: HSI Hikes 8 Pts; JD Opens Up; Autos Boom

At open, the HSI hiked 8 pts or 0.1% to 19,117; the HSCEI added 7 pts or 0.1% to 6,471;…

TENCENT Buys Back 348.9K Shrs for $116M

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Alibaba, Tencent and Sun Hung Kai among 21 firms approved by HKEX for yuan share trading counters starting on June 19

Bourse operator HKEX has approved 21 firms, including Chinese technology giants Tencent Holdings, Alibaba Group Holding, Xiaomi and Meituan, for…

HKD7.7B Southbound Trading Net Inflow to TRACKER FUND

There was HKD7.7 billion, HKD1.7 billion and HKD155.9 million Southbound Trading net inflow to TRACKER FUND (02800.HK), HSCEI ETF (02828.HK)…

Tencent-backed Helium Health raises $30 mln to fund Africa expansion

...ABUJA, June 5 (Reuters) - Helium Health, West Africas largest......…

Full-day Takeaway: HSI Closes at 19,108, Up 158 pts; HSTI Closes at 3,840, Up 16 pts; SMIC Up over 6%

At close, HSI rose 158 pts or 0.8% to 19,108. HSTI rose 16 pts or 0.4% to 3,840. HSCEI gained…

Midday Takeaway: HSI Closes Midday at 19,052, Up 102 pts; HSTI Closes Midday at 3,829, Up 4 pts; CHINAHONGQIAO Down over 4%

At midday close, HSI rose 102 pts or 0.5% to 19,052. HSTI rose 4 pts or 0.1% to 3,829. HSCEI…

HKD2.1B Southbound Trading Net Outflow from TRACKER FUND

There was HKD663.4 million, HKD480 million and HKD311 million Southbound Trading net inflow to MEITUAN-W (03690.HK), TENCENT (00700.HK) and CNOOC…

TENCENT (00700.HK) Repurchases 704.5K Shrs for $231M

TENCENT (00700.HK) disclosed in a statement that it repurchased 704,500 shares on the HKEX today (June 2), at a price…

Full-day Takeaway: HSI Up 733 pts; HSTI Up 193 pts; MEITUAN Up over 7%; BABA Up over 6%; TENCENT Up over 5%; Market Turnover Rises

At close, HSI rose 733 pts or 4.0% to 18,949. HSTI rose 193 pts or 5.3% to 3,824. HSCEI gained…

TENCENT: Pony Mas Layoff Article Is to Help Investment Co. Prepare for Danger amid Peace, Not Internal Talk

TENCENT (00700.HK) Chairman Pony Ma recently shared an article about layoffs, while commenting that the subsequent environmental challenges appear to…

Midday Wrap-up: HSI Mushrooms 666 Pts; HSTECH Up 4.8%

At midday close, the HSI skyrocketed 666 pts or 3.7% to 18,883; the HSCEI jumped up 260 pts or 4.2%…

HSTECH 4.8% Higher; TRIP.COM, BABA Soar Over 6%; JD, MEITUAN, TENCENT, BIDU, KUAISHOU Up 5-7%

HSTECH drifted 4.8% higher to 3,804 in last posting, sustaining the upswing of last trading day. The tech stocks were…

Midday Takeaway: HSI Up 666 pts; HSTI Up 175 pts; BABA Up over 6%; MEITUAN Up over 5%; TENCENT Up over 4%

At midday close, HSI rose 666 pts or 3.7% to 18,883. HSTI rose 175 pts or 4.8% to 3,806. HSCEI…

Research Report: Daiwa Reiterates Positive Stance on CN Internet, Prefers Tencent: NetEase: PDD: Baidu

Most mainland internet companies, having announced their first-quarter results, delivered solid earning growth, Daiwa highlighted in its report. The broker…

Nvidia Jensen Huang May Purportedly Visit Shanghai Next Tue

Nvidia (NVDA.US) CEO Jensen Huang may visit Shanghai next Tuesday (6th), Shanghai Securities News learned from the people within the…

*Daiwa Reiterates Positive Stance on CN Internet, Prefers Tencent: NetEase: PDD: Baidu

~AAStocks Financial NewsWeb Site: www.aastocks.com...…

HKD5B Southbound Trading Net Outflow from TRACKER FUND

There was HKD740 million, HKD406.6 million and HKD185.2 million Southbound Trading net inflow to TENCENT (00700.HK), MEITUAN-W (03690.HK) and CNOOC…

TENCENT Buys back 1.26M Shrs for $401M

TENCENT (00700.HK) disclosed that on 1 June, it repurchased 1.26 million shares of the company on the Stock Exchange at…

CN AI Startup MiniMax Said to Conclude New Financing Round, Joined by TENCENT Related Party

MiniMax, a mainland AI solution start-up akin to ChatGPT developed by OpenAI, will wrap up the latest round of financing…

China AI startup MiniMax raising over $250 mln from Tencent-backed entity, others - sources

...By Roxanne Liu and Josh Ye BEIJING/HONG KONG, June 1 (Reuters... not respond to a Reuters request for comment. MiniMax was founded in…

Midday Wrap-up: HSI Climbs 149 Pts on Techs; WUXI BIO Up Over 5%

At midday close, the HSI advanced 149 pts or 0.8% to 18,383; the HSCEI added 56 pts or 0.9% to…

Bad News Is Now Good News In China As Market Awaits Stimulus

Bad News Is Now Good News In China As Market Awaits Stimulus …

Midday Takeaway: HSI Closes Midday at 18,383, Up 149 pts; HSTI Closes Midday at 3,698, Up 71 pts; MEITUAN Up over 5%; TENCENT Up over 3%

At midday close, HSI rose 149 pts or 0.8% to 18,383. HSTI rose 71 pts or 2.0% to 3,698. HSCEI…

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