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12.06.26 - 06:00
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Research: DBS Upgrades AIR CHINA to Hold, Maintains TP at HKD4.1 (AAStocks)
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DBS said in a research report that as China's aviation industry faces the impact of high oil prices, industry profit margins are under pressure. Therefore, it maintains a cautious stance on the three major Chinese airlines.The broker noted that AIR CHINA (00753.HK)'s fare increases are unlikely to keep pace with inflation in jet......
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11.06.26 - 10:30
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M Stanley Cuts BEIJING AIRPORT TP to HKD1.4, Reiterates Underweight (AAStocks)
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M Stanley issued a report stating that it remains cautious on mainland China airport stocks, as rising fuel costs are weighing on passenger traffic growth, while improvements in duty-free operations will take time. Against a backdrop of macro weakness and capacity expansion, earnings recovery at BAIYUN AIRPORT (600004.SH) remain......
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11.06.26 - 08:12
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China initiates probe into J&T Express over safety management failures (SCMP)
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China's postal regulator has opened an investigation into J&T Express over failures in safety management, sending shares of the Hong Kong-listed courier down as much as 11 per cent on Thursday.
The State Post Bureau said it had formally launched a case against J&T Express Co after multiple work process safety accidents occurred this year at enterprises using the J&T brand, business name and delivery waybills.
After trading as high as HK$8.87 earlier in the day, the stock slid to HK$7.85......
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11.06.26 - 07:15
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ZTO EXPRESS-W Repurchases Over 220K Shrs on NYSE, Involving Nearly USD5M (AAStocks)
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ZTO EXPRESS-W (02057.HK) disclosed in a share repurchase report that the company repurchased 222,400 Class A ordinary shares on the New York Stock Exchange yesterday (10th) at prices ranging from USD22.36 to USD22.52 per share, involving approximately USD4.9955 million. (jl/a)~AASTOCKS Financial NewsWebsite: www.aastocks.comThis......
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10.06.26 - 05:12
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China Unveils Nuclear-Powered Floating Hub For Green Shipping (ZeroHedge)
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China Unveils Nuclear-Powered Floating Hub For Green Shipping
China has proposed a large offshore logistics platform powered by nuclear energy that would function as both a cargo transfer hub and a refuelling/charging centre for ships, according to the South China Morning Post.
The concept, unveiled by Jiangnan Shipyard, combines port infrastructure, energy generation, and cargo handling into a single floating facility aimed at reducing emissions in maritime transport.
The project was presented at the Posidonia International Shipping Exhibition in Greece.
The SCMP writes that the platform would rely on a molten salt reactor as its primary energy source, supplemented by renewable technologies including solar and wind power. It would also feature systems for hydrogen production, synthetic green fuels, and electricity distribution. According to the company, the facility could generate clean power and fuels such as ammonia for both terminal operations and electric support vessels.
Jiangnan argues ...
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09.06.26 - 10:30
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Full-day Takeaway: HSI Closes at 24,565, Down 91 pts; HSTI Closes at 4,769, Up 13 pts; OOIL Down over 5%; BANK OF CHINA, KINGBOARD HLDG, KB LAMINATES Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI dropped 91 pts or 0.4% to 24,565. HSTI rose 13 pts or 0.3% to 4,769. HSCEI fell 16 pts or 0.2% to 8,324. Market turnover reached $308.92 billion.Active Heavyweights:TENCENT (00700.HK) closed at $453.2, up 1.5%BABA (09988.HK) closed at $117.1, down 1.4%MEITUAN (03690.HK) closed at $77.2, up 1.2%XIAOMI (01810.HK) clo......
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05.06.26 - 06:30
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Midday Takeaway: HSI Closes Midday at 25,047, Down 205 pts; HSTI Closes Midday at 4,913, Down 61 pts; OOIL Up over 5% (AAStocks)
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At midday close, HSI dropped 205 pts or 0.8% to 25,047. HSTI dropped 61 pts or 1.2% to 4,913. HSCEI fell 35 pts or 0.4% to 8,466.Active Heavyweights:XIAOMI (01810.HK) closed at $28.16, down 0.8%BABA (09988.HK) closed at $123.4, down 0.1%TENCENT (00700.HK) closed at $458.8, down 0%HSI & HSCEI Constituents on Move:OOIL (00316.HK) ......
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