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22.04.26 - 06:36
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Upcoming AI Movie Sparks Concerns on Chinese Internet (Bloomberg)
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A proposed AI-generated movie based on the popular series "Soul Ferry" is trending on Weibo - and not everyone is happy. Bloomberg China Correspondent Minmin Low and Senior Analyst Robert Lea discuss the production's implications and how AI could reshape companies like iQiyi. (Source: Bloomberg)...
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22.04.26 - 06:15
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Midday Takeaway: HSI Down 350 pts; HSTI Down 111 pts; BABA Down over 3%; ASMPT, 361 DEGREES, CITIC TELECOM Hit New Highs (AAStocks)
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At midday close, HSI dropped 350 pts or 1.3% to 26,137. HSTI dropped 111 pts or 2.2% to 4,950. HSCEI fell 138 pts or 1.5% to 8,804.Active Heavyweights:BABA (09988.HK) closed at $131.7, down 3.4%MEITUAN (03690.HK) closed at $84, down 2.8%TENCENT (00700.HK) closed at $505, down 2.7%CCB (00939.HK) closed at $8.8, down 1.8%XIAOMI (0......
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22.04.26 - 05:45
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G Sachs Cuts NetEase-S TP to HKD250, Reiterates Buy (AAStocks)
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G Sachs issued a research report stating that it expects NetEase-S (09999.HK) to deliver a relatively subdued performance in 1Q26 due to a high comparison base, but believes the slowdown has largely been priced in by the market. Looking ahead to the remainder of the year, the bank anticipates multiple catalysts including new g......
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22.04.26 - 05:30
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Nomura Cuts Tencent Music Entertainment TP to USD12.5, Maintains Buy Rating (AAStocks)
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Nomura issued a research report reiterating its Buy rating on Tencent Music Entertainment (TME.US) listed in the US, and lowered its target price from USD26 to USD12.5.The broker noted that Tencent Music Entertainment's share price has corrected sharply by 43% since the beginning of the year, significantly underperforming the Ch......
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21.04.26 - 16:15
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KUAISHOU-W Repurchases 1.0411 Million Shares for HKD48.18 million (AAStocks)
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KUAISHOU-W (01024.HK) disclosed in a filing that on April 21, it repurchased 1.0411 million shares on the Stock Exchange at prices ranging from HKD46.16 to HKD46.38 per share, with a total consideration of approximately HKD48.18 million. Since the ordinary resolution was passed (June 19, 2025), the company has cumulatively repur......
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21.04.26 - 15:45
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China Education Group Fully Repays RMB500 Million Bonds (AAStocks)
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China Education Group (00839.HK) announced that on April 20, the company fully repaid the outstanding principal and accrued interest of its RMB500 million bonds due in 2026. (de/d)~AASTOCKS Financial NewsWebsite: www.aastocks.comThis article was automatically translated by AI, the Chinese version should be considered the authori......
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21.04.26 - 14:00
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Hidden office, fractured bone: violent resistance behind China′s record food safety fine (SCMP)
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Behind China's landmark crackdown on the e-commerce and food-delivery sectors lies a darker narrative of resistance, secrecy and violence, after regulators uncovered a vast network of “ghost” bakeries and imposed a record fine on seven major platforms.
The State Administration for Market Regulation (SAMR) levied a 3.6 billion yuan (US$528 million) fine on seven platforms run by PDD Holdings, Meituan, JD.com, Alibaba Group Holding and ByteDance, with the probe revealing a hidden office, violent......
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21.04.26 - 13:00
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Moonshot AI releases flagship model as open-source push continues (SCMP)
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Chinese artificial intelligence start-up Moonshot AI has released its latest open-source flagship model, Kimi K2.6, as domestic tech giants including Alibaba, ByteDance and Tencent issued a consensus to promote open source, even as some continue to invest in closed systems.
The move highlights the varied business strategies of Chinese AI companies, as differences in growth and maturity shape their commitment to open source.
Unveiled on Monday, Kimi K2.6 brings upgrades in long-horizon coding,......
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21.04.26 - 12:30
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HKD1.1B Southbound Trading Net Inflow to CHINA MOBILE (AAStocks)
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There was HKD1.1 billion, HKD268.5 million and HKD159.7 million Southbound Trading net inflow to CHINA MOBILE (00941.HK), CIG (06166.HK) and CNOOC (00883.HK).There was HKD606.3 million, HKD196 million and HKD178.1 million Southbound Trading net outflow from BABA-W (09988.HK), YOFC (06869.HK) and TENCENT (00700.HK).For Southbound......
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21.04.26 - 10:30
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Full-day Takeaway: HSI Closes at 26,487, Up 126 pts; HSTI Closes at 5,061, Down 4 pts; CATL Up over 4%; CCB, CATL, ICBC, BANK OF CHINA, FIH Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI rose 126 pts or 0.5% to 26,487. HSTI dropped 4 pts or 0.1% to 5,061. HSCEI gained 44 pts or 0.5% to 8,943. Market turnover reached $205.18 billion.Active Heavyweights:MEITUAN (03690.HK) closed at $86.45, up 1.5%HKEX (00388.HK) closed at $417.2, up 1.4%CCB (00939.HK) closed at $8.96, up 0.9%, hitting new highTENCENT......
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