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06.02.26 - 11:15
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IPO: Thai Meituan LINE MAN Wongnai Mulling HK or US IPO: Wire (AAStocks)
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Thai tech company LINE MAN Wongnai (LMWN), backed by Singapore's sovereign wealth fund GIC and dubbed the "Thai Meituan", is evaluating the possibility of listing in Hong Kong and the US to seek more investor demand and higher valuations, Bloomberg reported, citing sources.CEO Yod Chinsupakul said that a final deci......
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06.02.26 - 05:15
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Midday Takeaway: HSI Down 304 pts; HSTI Down 25 pts; LI AUTO Up over 5%; REALORD GROUP, ND PAPER, SANY INT'L, BOC AVIATION, BJ ENT WATER Hit New Highs (AAStocks)
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At midday close, HSI dropped 304 pts or 1.1% to 26,580. HSTI dropped 25 pts or 0.5% to 5,380. HSCEI fell 47 pts or 0.5% to 9,045.Active Heavyweights:BABA (09988.HK) closed at $155.5, down 2.6%MEITUAN (03690.HK) closed at $92, down 1.9%PING AN (02318.HK) closed at $69.95, down 1.7%XIAOMI (01810.HK) closed at $35.46, up 1.5%HKEX (......
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05.02.26 - 12:00
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China′s Meituan snaps up Dingdong to deepen push into fresh grocery retail (SCMP)
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China's food delivery giant Meituan said on Thursday that it had agreed to acquire Dingdong, a leading on-demand commerce platform in China specialising in fresh groceries.
Meituan will purchase all issued shares of Dingdong Fresh Holding, which is wholly owned by New York-listed Dingdong (Cayman) Limited, for an initial consideration of US$717 million, subject to adjustments, according to a filing with the Hong Kong stock exchange.
The deal is subject to conditions including antitrust clearance......
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05.02.26 - 09:15
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Full-day Takeaway: HSI Closes at 26,885, Up 37 pts; HSTI Closes at 5,406, Up 39 pts; YUM CHINA Up over 11%; YUM CHINA, SHK PPT, ZTO EXPRESS-W, CLP HOLDINGS, HENDERSON LAND Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI rose 37 pts or 0.1% to 26,885. HSTI rose 39 pts or 0.7% to 5,406. HSCEI gained 44 pts or 0.5% to 9,093. Market turnover reached $315.11 billion.Active Heavyweights:XIAOMI (01810.HK) closed at $34.92, up 2.8%MEITUAN (03690.HK) closed at $93.8, up 1.8%HKEX (00388.HK) closed at $414.4, down 1.4%PING AN (02318.HK) clos......
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04.02.26 - 09:15
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Full-day Takeaway: HSI Closes at 26,847, Up 12 pts; HSTI Closes at 5,366, Down 100 pts; TENCENT Down over 3%; XINYI GLASS, TECHTRONIC IND, CHINA RES MIXC, WHARF REIC, MTR CORPORATION Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI rose 12 pts or 0.0% to 26,847. HSTI dropped 100 pts or 1.8% to 5,366. HSCEI fell 4 pts or 0.1% to 9,048. Market turnover reached $285.43 billion.Active Heavyweights:TENCENT (00700.HK) closed at $558, down 4%XIAOMI (01810.HK) closed at $33.96, down 1.8%MEITUAN (03690.HK) closed at $92.15, down 1.1%BABA (09988.HK) cl......
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04.02.26 - 08:45
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Guangzhou to Give Away RMB50M Worth of Dining Vouchers w/ Max. Subsidies 15% (AAStocks)
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Wu Weihua, Deputy Director of the Guangzhou Municipal Bureau of Commerce, announced at a press conference that Guangzhou will issue RMB50 million worth of government dining vouchers in multiple rounds around the Spring Festival. These vouchers offer consumers subsidies as high as 15%.Meanwhile, platform enterprises like MEITUAN-......
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04.02.26 - 05:15
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Midday Takeaway: HSI Closes Midday at 26,724, Down 109 pts; HSTI Closes Midday at 5,347, Down 119 pts; TENCENT Down over 3%; XINYI GLASS, TECHTRONIC IND, WHARF REIC, YANKUANG ENERGY, CHINA EAST AIR Hit New Highs (AAStocks)
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At midday close, HSI dropped 109 pts or 0.4% to 26,724. HSTI dropped 119 pts or 2.2% to 5,347. HSCEI fell 48 pts or 0.5% to 9,004.Active Heavyweights:TENCENT (00700.HK) closed at $561.5, down 3.4%XIAOMI (01810.HK) closed at $33.7, down 2.6%MEITUAN (03690.HK) closed at $91.15, down 2.2%BABA (09988.HK) closed at $159.5, down 0.9%H......
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04.02.26 - 04:30
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TRIP.COM-S Dives 5%+, MEITUAN-W Sets ~2Yrs Low, as Travelers Suppressed (AAStocks)
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Overnight (3rd), the three major US stock indices softened, as the US military shot down an Iranian drone, and the US and Iran would reportedly hold talks in Oman this Friday (6th). Precious metals had a good run, with spot gold recouping the US$5,000 mark, and last quoting at US$5,049 per ounce, up nearly 2.1%. Hong Kong stocks......
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