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31.08.26 - 07:15
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Research: Citi Lifts MEITUAN-W TP to HKD120 After 2Q Results Beat (AAStocks)
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MEITUAN-W (03690.HK)'s 2Q results beat, Citi said in a research report. Total revenue climbed 14.4% YoY, topping the broker's and market's forecasts by 2.9% and 3.5%, respectively. During the period, operating profit from the core local commerce segment improved significantly to RMB5.67 billion, way above Citi's ......
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31.08.26 - 07:00
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Research: Daiwa Hikes MEITUAN-W TP to HKD120, Reiterates Buy (AAStocks)
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MEITUAN-W (03690.HK)'s adjusted operating revenue for 2Q beat market forecasts by 12.4%, due to its food delivery returning to profit after posting losses for four consecutive quarters, Daiwa said in a research report.During the period, the operating profit margin of its core local commerce segment expanded by 223 bps to 7.9......
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31.08.26 - 06:45
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Tencent Hunyuan Hy4 Preview Usage Surges; WorkBuddy Urgently Expands Capacity (AAStocks)
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Tencent Hunyuan last week released and open-sourced its next-generation large language model Hy4 preview. The company said today (31st) that Hy4 preview experienced queueing in the WorkBuddy task queue on its first day online. Emergency capacity expansion has already been carried out for the Hy4 preview inference cluster, and re......
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31.08.26 - 06:30
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Midday Takeaway: HSI Closes Midday at 25,402, Down 182 pts; HSTI Closes Midday at 4,557, Down 47 pts; CCB Up over 3%; CCB, BANK OF CHINA, BOC HONG KONG, MIDEA GROUP, GUANGDONG INV Hit New Highs (AAStocks)
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At midday close, HSI dropped 182 pts or 0.7% to 25,402. HSTI dropped 47 pts or 1.0% to 4,557. HSCEI fell 25 pts or 0.3% to 8,465.Active Heavyweights:CCB (00939.HK) closed at $9.445, up 3.3%, hitting new highTENCENT (00700.HK) closed at $448.8, down 1.4%MEITUAN (03690.HK) closed at $78.4, up 1.2%BABA (09988.HK) closed at $113.2, ......
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31.08.26 - 05:15
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Research: CMBI Cuts Bilibili Inc. TP to USD28, 2Q Results In Line (AAStocks)
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CMBI issued a research report stating that BILIBILI-W (09626.HK)'s total revenue for 2Q increased 8% YoY, while adjusted net profit rose 26%, both in line with market expectations. The broker expected the company's revenue to grow 8% YoY in 3Q, and anticipated revenue growth to accelerate further in 4Q as it enters a new game re......
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31.08.26 - 03:45
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MEITUAN-W Opens 2.5% Higher as 2Q Results Beat; JPM, Citi Raise TPs (AAStocks)
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MEITUAN-W (03690.HK) opened 2.52% higher this morning (31st), at HKD79.45, with pre-market negotiated transactions of 1.8231 million shares, involving HKD145 million.The group announced last Friday its results for 2Q ended June. During the period, total revenue reached RMB104.643 billion, up 14.4% YoY and above market expectatio......
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