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08.12.25 - 07:00
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Baidu mulls Hong Kong spin-off of Kunlunxin chip unit as China tech deals surge (SCMP)
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Baidu has confirmed that it is weighing a spin-off and Hong Kong listing of its semiconductor arm, as a fresh wave of investor interest sweeps China's chip sector.
The search engine giant said on Sunday that Kunlunxin (Beijing) Technology was “in the process of the proposed spin-off and listing in Hong Kong, after reports that the unit planned to file an initial public offering no earlier than the first quarter of next year”.
However, the company cautioned that there was “no assurance” that the......
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08.12.25 - 05:15
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ByteDances Ex-Senior PR Director Yang Jibin Joins LI AUTO-W (AAStocks)
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Yang Jibin, former senior public relations director at ByteDance, announced on his moments that he has left the Company, and joined LI AUTO-W (02015.HK) this month.Yang has very little personal information available online. He worked at ByteDance for many years, and participated in the competition between ByteDance and Tencent.~......
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05.12.25 - 11:30
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HKD3B Southbound Trading Net Inflow to XIAOMI-W (AAStocks)
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There was HKD3 billion and HKD607 million Southbound Trading net inflow to XIAOMI-W (01810.HK) and MEITUAN-W (03690.HK).There was HKD1.8 billion, HKD1.4 billion and HKD119 million Southbound Trading net outflow from BABA-W (09988.HK), TENCENT (00700.HK) and SMIC (00981.HK).For Southbound Trading of Shanghai-Hong Kong Stock Conne......
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05.12.25 - 11:15
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Meituan Waimai to Give Out 30M Consumption Vouchers (AAStocks)
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According to MEITUAN-W (03690.HK), Meituan Waimai will be giving out 30 million weekend consumption vouchers starting from tonight (5th), focusing on subsidizing dishes that require higher serving temperatures, such as hot pot and noodles. It is expected that the platform's total investment will reach RMB100 million.Numerous......
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05.12.25 - 10:45
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TENCENT Repurchases 1.046M Shrs, Involving ~HKD636M (AAStocks)
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TENCENT (00700.HK) repurchased 1.046 million shares today (5th) on the Hong Kong Stock Exchange with prices ranging from HKD605 to HKD610.5 per share, involving nearly HKD636 million.Since the repurchase mandate resolution was passed on May 14, the company has cumulatively repurchased 85.148 million shares, accounting for 0.9266......
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05.12.25 - 10:31
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BRIEF: Qunabox enters AI-based lifestyle platform partnership in Dubai (Bamboo Works)
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Smart vending machine operator Qunabox Group Ltd. (0917.HK) said on Thursday it has entered a partnership with a member of Dubai's ruling family to co-develop Holox, an AI-based entertainment and lifestyle platform. Qunabox described Holox as “a next-generation AI platform integrating advanced multimodal AI, contextual reasoning and adaptive learning technologies with intelligent hardware, enabling immersive,.....
The post BRIEF: Qunabox enters AI-based lifestyle platform partnership in Dubai appeared first on Bamboo Works....
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05.12.25 - 10:15
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H Shrs: HSI Ends Up 149 Pts; BIDU-SW Leaps 5%; CN Insurers Zoom Higher (AAStocks)
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The HSI ended the day up 149 points or 0.6% at 26,085. The HSCEI rose 91 points or 1% to close at 9,198. The HSTECH climbed 47 points or 0.8%, closing at 5,662. The total market turnover for the day amounted to HKD210.473 billion.Hang Seng Indexes Company is set to make constituent changes after the bell. INNOVENT BIO (01801.HK)......
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05.12.25 - 09:30
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Full-day Takeaway: HSI Closes at 26,085, Up 149 pts; HSTI Closes at 5,662, Up 47 pts; PING AN Up over 6%; HANSOH PHARMA, ENN ENERGY, SINOTRUK Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI rose 149 pts or 0.6% to 26,085. HSTI rose 47 pts or 0.8% to 5,662. HSCEI gained 91 pts or 1.0% to 9,198. Market turnover reached $210.47 billion.Active Heavyweights:PING AN (02318.HK) closed at $60.45, up 6.7%XIAOMI (01810.HK) closed at $42.78, up 1.9%MEITUAN (03690.HK) closed at $99.05, up 1%CCB (00939.HK) closed ......
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