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06.02.26 - 12:00
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Watchdog slaps China′s Kuaishou with US$17 million fine after explicit content probe (SCMP)
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China's internet watchdog has fined Kuaishou Technology 119.1 million yuan (US$17 million) for hosting explicit live-streaming content, just days after the operator of the country's second-largest short-video platform was penalised over e-commerce violations.
Beijing's Cyberspace Administration launched an investigation following reports of a surge in pornographic and vulgar streams.
The probe found the platform had failed to meet its cybersecurity obligations, fix system vulnerabilities in......
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06.02.26 - 11:30
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HKD4.3B Southbound Trading Net Inflow to TENCENT (AAStocks)
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There was HKD4.3 billion, HKD1.7 billion and HKD589.5 million Southbound Trading net inflow to TENCENT (00700.HK), BABA-W (09988.HK) and POP MART (09992.HK).There was HKD78.7 million Southbound Trading net outflow from YOFC (06869.HK). For Southbound Trading of Shanghai-Hong Kong Stock Connect, TENCENT (00700.HK) was the most ac......
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06.02.26 - 11:15
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IPO: Thai Meituan LINE MAN Wongnai Mulling HK or US IPO: Wire (AAStocks)
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Thai tech company LINE MAN Wongnai (LMWN), backed by Singapore's sovereign wealth fund GIC and dubbed the "Thai Meituan", is evaluating the possibility of listing in Hong Kong and the US to seek more investor demand and higher valuations, Bloomberg reported, citing sources.CEO Yod Chinsupakul said that a final deci......
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06.02.26 - 10:06
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Stocks fall, Xi-Trump-Putin calls, Japan election (SCMP)
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Hong Kong and Chinese stocks had their worst week in almost three months, as risk appetite crumbles worldwide.
The Hang Seng Index fell 3.3 per cent in Hong Kong and the CSI300 Index lost 1.3 per cent, as both gauges suffered their biggest weekly declines since November. Technology stocks were the biggest fallers in Hong Kong, including chipmaker SMIC, and internet companies Kuaishou, Baidu and Tencent.
The sell-off was part of a global rout, with bitcoin slumping to a 15-month low, gold and......
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06.02.26 - 05:15
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Midday Takeaway: HSI Down 304 pts; HSTI Down 25 pts; LI AUTO Up over 5%; REALORD GROUP, ND PAPER, SANY INT'L, BOC AVIATION, BJ ENT WATER Hit New Highs (AAStocks)
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At midday close, HSI dropped 304 pts or 1.1% to 26,580. HSTI dropped 25 pts or 0.5% to 5,380. HSCEI fell 47 pts or 0.5% to 9,045.Active Heavyweights:BABA (09988.HK) closed at $155.5, down 2.6%MEITUAN (03690.HK) closed at $92, down 1.9%PING AN (02318.HK) closed at $69.95, down 1.7%XIAOMI (01810.HK) closed at $35.46, up 1.5%HKEX (......
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06.02.26 - 04:00
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DISTINCT HEALTH to Collaborate with TENCENT to Enhance AI Tech (AAStocks)
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DISTINCT HEALTH (02677.HK) was listed today (6th). Chief Technology Officer (CTO) Zhao Tianbin said in a media interview that the funds raised from the listing will primarily be used to upgrade existing outlets to enhance services and to explore various mergers and acquisition (M&A) opportunities.The Company is backed by TEN......
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06.02.26 - 03:45
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Li Xiang Describes All-New Li L9 as Pioneer of Embodied Intelligent Robots (AAStocks)
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Li Xiang, CEO of LI AUTO-W (02015.HK), wrote on Weibo that the all-new Li L9 is not just a great car but also the pioneering work of embodied intelligent robots.Embodied intelligence must grow from a great car in order to truly create value for users, Li noted. The ultimate form of a car is a robot, and the soon-to-be-released L......
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