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04.12.25 - 09:15
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Full-day Takeaway: HSI Closes at 25,935, Up 175 pts; HSTI Closes at 5,615, Up 80 pts; XIAOMI Up over 4%; CKH HOLDINGS, GLOBAL NEW MAT, BEIJING ENT Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI rose 175 pts or 0.7% to 25,935. HSTI rose 80 pts or 1.5% to 5,615. HSCEI gained 77 pts or 0.9% to 9,106. Market turnover reached $179.31 billion.Active Heavyweights:XIAOMI (01810.HK) closed at $41.98, up 4.4%MEITUAN (03690.HK) closed at $98.1, up 2.3%CCB (00939.HK) closed at $7.92, up 1%HKEX (00388.HK) closed at $4......
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04.12.25 - 09:00
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JD-SW, MEITUAN-W & 6 Other Platforms Sign AI Tech Application Commitment as Urged by Beijing Consumer Association (AAStocks)
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The Beijing Consumer Association recently collaborated with eight e-commerce platforms, namely JD-SW (09618.HK), MEITUAN-W (03690.HK), Pinduoduo (PDD.US), Vipshop (VIPS.US), Douyin, KUAISHOU-W (01024.HK), Xiaohongshu, and WeChat Live, to sign China's first commitment in terms of AI technology application promotion.This commi......
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04.12.25 - 05:15
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Midday Takeaway: HSI Closes Midday at 25,809, Up 48 pts; HSTI Closes Midday at 5,567, Up 32 pts; SHENZHOU INTL Down over 3%; GLOBAL NEW MAT Hit New Highs (AAStocks)
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At midday close, HSI rose 48 pts or 0.2% to 25,809. HSTI rose 32 pts or 0.6% to 5,567. HSCEI gained 34 pts or 0.4% to 9,062.Active Heavyweights:XIAOMI (01810.HK) closed at $41.38, up 2.9%MEITUAN (03690.HK) closed at $97.85, up 2%TENCENT (00700.HK) closed at $608.5, down 0.4%BABA (09988.HK) closed at $153.2, down 0.3%HSI & HSCEI ......
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04.12.25 - 04:30
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Research: UBS: MEITUAN-W's ST Profit Uncertain, but Moat Remains Strong (AAStocks)
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UBS conducted a non-deal roadshow (NDR) with MEITUAN-W (03690.HK) Head of Capital Markets Scarlett Xu and the investor relations team. After the meeting, although the broker acknowledged the uncertainty in the company's short-term profit amidst the evolving competitive landscape, it remained long-term constructive in Meituan......
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03.12.25 - 11:30
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HKD870.3M Southbound Trading Net Inflow to XIAOMI-W (AAStocks)
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There was HKD870.3 million, HKD427.2 million and HKD297.9 million Southbound Trading net inflow to XIAOMI-W (01810.HK), BABA-W (09988.HK) and MEITUAN-W (03690.HK).There was HKD732.7 million, HKD419.1 million and HKD107.7 million Southbound Trading net outflow from TENCENT (00700.HK), SMIC (00981.HK) and XTALPI (02228.HK).For Sou......
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02.12.25 - 11:30
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HKD592.3M Southbound Trading Net Inflow to MEITUAN-W (AAStocks)
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There was HKD592.3 million, HKD380.1 million and HKD357 million Southbound Trading net inflow to MEITUAN-W (03690.HK), XIAOMI-W (01810.HK) and BABA-W (09988.HK).There was HKD381.1 million and HKD76.3 million Southbound Trading net outflow from TENCENT (00700.HK) and SMIC (00981.HK).For Southbound Trading of Shanghai-Hong Kong St......
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02.12.25 - 09:15
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Full-day Takeaway: HSI Closes at 26,095, Up 61 pts; HSTI Closes at 5,624, Down 20 pts; MEITUAN Down over 3%; HENGAN INT'L, MTR CORPORATION, CKH HOLDINGS, MIDEA GROUP, CONANT OPTICAL Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI rose 61 pts or 0.2% to 26,095. HSTI dropped 20 pts or 0.4% to 5,624. HSCEI gained 9 pts or 0.1% to 9,182. Market turnover reached $178.25 billion.Active Heavyweights:MEITUAN (03690.HK) closed at $96.5, down 3.1%BABA (09988.HK) closed at $157, up 1.4%XIAOMI (01810.HK) closed at $40.7, up 1%TENCENT (00700.HK) closed ......
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02.12.25 - 06:15
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H Shrs: HSI Rises 28 Pts at Midday; MEITUAN-W Slips ~3%; ZTE Sinks 6%+ (AAStocks)
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The HSI concluded the midday at 26,061, up 28 points or 0.1%. The HSCEI fell 2 points to 9,170. The HSTECH dropped 29 points or 0.5% to 5,614. The total market turnover for the half-day amounted to HKD98.997 billion.In the tech sector, BABA-W (09988.HK) leaped 1.5% at midday. It granted 6.1158 million incentive shares under its ......
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02.12.25 - 05:30
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Midday Takeaway: HSI Closes Midday at 26,061, Up 28 pts; HSTI Closes Midday at 5,614, Down 29 pts; XPENG Down over 5%; MTR CORPORATION, HENGAN INT'L, CKH HOLDINGS, CONANT OPTICAL, GAC GROUP Hit New Highs (AAStocks)
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At midday close, HSI rose 28 pts or 0.1% to 26,061. HSTI dropped 29 pts or 0.5% to 5,614. HSCEI fell 1 pts or 0.0% to 9,171.Active Heavyweights:MEITUAN (03690.HK) closed at $96.65, down 2.9%BABA (09988.HK) closed at $157.3, up 1.5%XIAOMI (01810.HK) closed at $40.56, up 0.6%PING AN (02318.HK) closed at $57.35, up 0.6%TENCENT (007......
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01.12.25 - 12:02
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Tech Brief (Dec. 1): Baidu Initiates Largest Layoffs in Years (Caixin)
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Baidu Initiates Largest Layoffs in Years
Baidu Inc. has begun cutting staff across various business lines, multiple employees told Caixin. The reductions range from 10% to 25%, with some departments seeing cuts of nearly 30%, marking the company's largest workforce contraction in recent years. Sources noted that severance packages can reach as high as “N+3.5,” referring to the number of years of service plus 3.5 months of salary.
Meituan Swings to Quarterly Loss
Meituan posted a net loss of 18.63 billion yuan ($2.6 billion) in the third quarter of 2025, marking its first quarterly loss since 2023, compared with a profit of 12.87 billion yuan a year earlier. Revenue grew 2% to 95.49 billion yuan, the slowest pace since the second quarter of 2020. The adjusted net loss stood at 16.01 billion yuan, widening beyond market expectations of 13.96 billion yuan. Meituan attributed the downturn to intense market competition and warned that it expects operating losses to continue in the fourth quarter for both ...
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01.12.25 - 11:30
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HKD1.3B Southbound Trading Net Inflow to BABA-W (AAStocks)
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There was HKD1.3 billion, HKD606.1 million and HKD594.6 million Southbound Trading net inflow to BABA-W (09988.HK), ZTE (00763.HK) and MEITUAN-W (03690.HK).There was HKD302.9 million and HKD84.8 million Southbound Trading net outflow from SMIC (00981.HK) and ZIJIN MINING (02899.HK).For Southbound Trading of Shanghai-Hong Kong St......
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01.12.25 - 09:15
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Full-day Takeaway: HSI Closes at 26,033, Up 174 pts; HSTI Closes at 5,644, Up 45 pts; SUNNY OPTICAL Up over 6%; CKH HOLDINGS, ENN ENERGY, MMG, CHINAGOLDINTL, GLOBAL NEW MAT Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI rose 174 pts or 0.7% to 26,033. HSTI rose 45 pts or 0.8% to 5,644. HSCEI gained 42 pts or 0.5% to 9,172. Market turnover reached $200.88 billion.Active Heavyweights:MEITUAN (03690.HK) closed at $99.55, down 2.9%BABA (09988.HK) closed at $154.9, up 2.2%XIAOMI (01810.HK) closed at $40.3, down 1.8%TENCENT (00700.HK) c......
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