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Wang Yi, a member of the Political Bureau of the Central Committee of the Party and the foreign minister, held talks with Antony Blinken, US Secretary of State, in Beijing this morning (26th), according to CCTV's WeChat official account, "Yuyuan Tantian".
Microsoft Corporation (MSFT.US) delivered a strong 3FQ24 results, significantly beating its lowered estimations, Citi Research issued a research report saying.
The upper limit of Meta (META.US) 's 2Q24 revenue guidance was US$39 billion, implying room for growth of 22%, also 1% ahead of Morgan Stanley's expectations, Morgan Stanley issued a research report saying.
The HSI soared 342 pts or 2% to 17,626 at midday; the HSCEI rose 147 pts or 2.4% to 6,267; and the HSTECH added 129 pts or 3.7% to 3,684. Half-day turnover totaled $72.402 billion.
Macquarie commented in a report that it identified supportive valuations in China's capital markets in light of the recent uptick in technical investment sentiment. The broker listed its near-term recommendations for a "conviction portfolio" of Chinese stocks:
Chinese President Xi Jinping will meet with US Secretary of State Antony Blinken at the Great Hall of the People in Beijing in the afternoon of 26 April, according to CCTV News.
A highly selective MAT2A inhibitor (SYH2039), a new Class 1 chemical drug developed by CSPC PHARMA (01093.HK) +0.080 (+1.227%) Short selling $24.53M; Ratio 7.921% , has been approved by the US Food and Drug Administration (FDA) to conduct clinical trials in the US, according to CSPC PHARMA's announcement.
Chinese President Xi Jinping met with U.S. Secretary of State Antony Blinken at the Great Hall of the People in Beijing, Xinhua News Agency reported. Xi said that 2024 marks the 45th anniversary of the establishment of diplomatic relations between China and the U.S., in which the two countries have weathered stormy times.
Li Bin, Chairman of NIO-SW (09866.HK) -0.100 (-0.307%) Short selling $15.88M; Ratio 25.930% (NIO.US) , said at a press conference held on the opening day of 2024 Beijing International Automotive Exhibition that the Nio ET7 has delivered a total of nearly 30,000 units, making it the top selling battery electric sedan in the China market with a sales volume of RMB400,000 or above, and the top selling sedan model among Chinese brand with a cumulative sales volume of RMB400,000 or above, according to Chinese media.
The new chip manufacturing technology, "A16", will be put into production in 2H26, which will allow power to be delivered from the backside of the chip to computer chips, helping to speed up AI chips, TSMC (TSM.US) said on Wednesday.