|
|
|
01.09.26 - 10:30
|
Full-day Takeaway: HSI Closes at 25,329, Down 237 pts; HSTI Closes at 4,550, Down 68 pts; BABA Down over 3%; CCB, ICBC, BANK OF CHINA, BANKCOMM, GENSCRIPT BIO Hit New Highs; Market Turnover Rises (AAStocks)
|
|
|
At close, HSI dropped 237 pts or 0.9% to 25,329. HSTI dropped 68 pts or 1.5% to 4,550. HSCEI fell 50 pts or 0.6% to 8,462. Market turnover reached $238.74 billion.Active Heavyweights:BABA (09988.HK) closed at $110.4, down 3.3%HKEX (00388.HK) closed at $405.6, down 2.9%MEITUAN (03690.HK) closed at $76.65, down 2.9%TENCENT (00700.......
|
|
|
01.09.26 - 06:30
|
Midday Takeaway: HSI Down 256 pts; HSTI Down 34 pts; BABA Down over 3%; CCB, GENSCRIPT BIO, TCL ELECTRONICS, BANK OF E ASIA Hit New Highs (AAStocks)
|
|
|
At midday close, HSI dropped 256 pts or 1.0% to 25,310. HSTI dropped 34 pts or 0.8% to 4,584. HSCEI fell 52 pts or 0.6% to 8,460.Active Heavyweights:BABA (09988.HK) closed at $110.1, down 3.6%TENCENT (00700.HK) closed at $442.6, down 2.3%MEITUAN (03690.HK) closed at $77.75, down 1.5%XIAOMI (01810.HK) closed at $27.78, up 0.6%PIN......
|
|
|
|
|
|
|
|
|
31.08.26 - 07:15
|
Research: Citi Lifts MEITUAN-W TP to HKD120 After 2Q Results Beat (AAStocks)
|
|
|
MEITUAN-W (03690.HK)'s 2Q results beat, Citi said in a research report. Total revenue climbed 14.4% YoY, topping the broker's and market's forecasts by 2.9% and 3.5%, respectively. During the period, operating profit from the core local commerce segment improved significantly to RMB5.67 billion, way above Citi's ......
|
|
|
|
|
31.08.26 - 07:00
|
Research: Daiwa Hikes MEITUAN-W TP to HKD120, Reiterates Buy (AAStocks)
|
|
|
MEITUAN-W (03690.HK)'s adjusted operating revenue for 2Q beat market forecasts by 12.4%, due to its food delivery returning to profit after posting losses for four consecutive quarters, Daiwa said in a research report.During the period, the operating profit margin of its core local commerce segment expanded by 223 bps to 7.9......
|
|
|
|
|
31.08.26 - 06:30
|
Midday Takeaway: HSI Closes Midday at 25,402, Down 182 pts; HSTI Closes Midday at 4,557, Down 47 pts; CCB Up over 3%; CCB, BANK OF CHINA, BOC HONG KONG, MIDEA GROUP, GUANGDONG INV Hit New Highs (AAStocks)
|
|
|
At midday close, HSI dropped 182 pts or 0.7% to 25,402. HSTI dropped 47 pts or 1.0% to 4,557. HSCEI fell 25 pts or 0.3% to 8,465.Active Heavyweights:CCB (00939.HK) closed at $9.445, up 3.3%, hitting new highTENCENT (00700.HK) closed at $448.8, down 1.4%MEITUAN (03690.HK) closed at $78.4, up 1.2%BABA (09988.HK) closed at $113.2, ......
|
|
|
|
|
|
|
|
|
|
|
31.08.26 - 03:45
|
MEITUAN-W Opens 2.5% Higher as 2Q Results Beat; JPM, Citi Raise TPs (AAStocks)
|
|
|
MEITUAN-W (03690.HK) opened 2.52% higher this morning (31st), at HKD79.45, with pre-market negotiated transactions of 1.8231 million shares, involving HKD145 million.The group announced last Friday its results for 2Q ended June. During the period, total revenue reached RMB104.643 billion, up 14.4% YoY and above market expectatio......
|
|
|
|
|
|
|
|
|
28.08.26 - 11:12
|
Meituan snaps losing streak with profitable June quarter though Douyin threat looms (SCMP)
|
|
|
On-demand delivery giant Meituan swung back to profitability in the second quarter as China's price war in food delivery cooled, allowing the company to scale back subsidies and target higher-value customers.
Beijing-based Meituan posted an adjusted net profit of 2.5 billion yuan (US$372 million) for the June quarter, snapping a three-quarter losing streak according to its earnings report on Friday. The figure beat average analyst forecasts of 340 million yuan compiled by Bloomberg.
Revenue rose......
|
|
|
|