May 17, 2024
Brokers' TPs & Opinions on BABA-SW (09988.HK) After Qtr Results Ann
Ratings and target prices on BABA-SW (09988.HK) +6.000 (+7.528%) Short selling $1.05B; Ratio 11.081% from 9 brokers:
stock analyst
May 17, 2024
GEELY AUTO Declares Special Div. of $7.474/ Lot on Spin-off of ZEEKR (ZK.US); Shareholders Holding <6 Lots Won't Receive Cash Payments
GEELY AUTO (00175.HK) 0.000 (0.000%) Short selling $43.92M; Ratio 10.727% spun off ZEEKR Intelligent Technology Holding Limited (ZK.US) for listing in the US at a listing price of US$21 per ADS.
May 17, 2024
Brokers' Ratings, TPs & Opinions on TENCENT (00700.HK) After Results Ann
All 15 brokers summarised by our reporters have raised their target prices on TENCENT and rated the company Buy, Overweight or Outperform respectively.
May 17, 2024
<Research>CICC's Prediction of Passive Capital Flow on Weighting Changes After MSCI China Index Qtr Review (Table)
(1) CICC has listed the estimated passive capital inflows of some MSCI China Index constituents with relatively larger weighting increases after the quarterly review:
May 17, 2024
New Purchases of Alibaba Cloud's Multi-Cloud FinOps Products to be Ceased on 15 Jun
Alibaba Cloud, a subsidiary of BABA-SW (09988.HK) +6.000 (+7.528%) Short selling $1.05B; Ratio 11.081% (BABA.US) , announced that new purchases of Multi-Cloud FinOps products will be halted on 15 June.
May 16, 2024
US Dept of Commerce to Release Regulations Against CN Connected Cars This Autumn
According to Reuters, US Commerce Secretary Gina Raimondo told a US Senate Committee that the Department of Commerce plans to propose regulations against Chinese connected cars this autumn, saying that they pose a national security risk to US people's data and that the Department has decided to take action.
May 16, 2024
GEELY AUTO Declares Special Div. of $7.474/ Lot on Spin-off of ZEEKR (ZK.US); Shareholders Holding <6 Lots Won't Receive Cash Payments
GEELY AUTO (00175.HK) 0.000 (0.000%) Short selling $130.13M; Ratio 23.026% spun off ZEEKR Intelligent Technology Holding Limited (ZK.US) for listing in the US at a listing price of US$21 per ADS.
May 16, 2024
<Results>JD-SW (09818.HK) 1Q24 Non-GAAP NP Rises 17.2% YoY to RMB8.9B, Beats
JD-SW (09618.HK) +3.300 (+2.556%) Short selling $380.55M; Ratio 19.402% announced its results for 1Q24 ended March. Net profit attributable to ordinary shareholders reached RMB7.13 billion, a 13.9% YoY growth, compared to the forecasts of RMB5.062 billion to RMB6.245 billion (down 0.3%-19.2% YoY) by the 4 brokers as summarised by our reporters, beating expectations. Basic earnings per share was RMB2.28, and basic earnings per ADS was RMB4.56.
May 16, 2024
Initial Jobless Claims in United States for May/11 is 222K, Exceeding Forecast
Initial Jobless Claims for May/11 in United States is 222K, lower than the previous value of 232K. The forecast was 220K.AAStocks Financial News
May 16, 2024
<US Mkt>All 3 US Indices Log Record Closing Highs, w/ S&P 500 at 5,300 for 1st Time; SMCI Leads Chip AI Stocks Rally w/ 16% Surge
US inflation growth was lower than expected, and the three major US stock indices all closed at record closing highs on Wednesday.