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07.07.26 - 06:30
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Midday Takeaway: HSI Closes Midday at 23,517, Down 98 pts; HSTI Closes Midday at 4,528, Down 12 pts; MEITUAN Up over 4%; HSBC HOLDINGS Hit New Highs (AAStocks)
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At midday close, HSI dropped 98 pts or 0.4% to 23,517. HSTI dropped 12 pts or 0.3% to 4,528. HSCEI fell 33 pts or 0.4% to 7,779.Active Heavyweights:MEITUAN (03690.HK) closed at $78.2, up 4.3%TENCENT (00700.HK) closed at $464.8, up 2.8%BABA (09988.HK) closed at $96.9, up 1%XIAOMI (01810.HK) closed at $23.44, up 0.7%HSI & HSCEI Co......
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06.07.26 - 06:30
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Midday Takeaway: HSI Closes Midday at 23,542, Up 192 pts; HSTI Closes Midday at 4,551, Up 52 pts; TENCENT Up over 3%; KEYMED BIO-B Hit New Highs (AAStocks)
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At midday close, HSI rose 192 pts or 0.8% to 23,542. HSTI rose 52 pts or 1.2% to 4,551. HSCEI gained 84 pts or 1.1% to 7,784.Active Heavyweights:TENCENT (00700.HK) closed at $447.4, up 3.8%MEITUAN (03690.HK) closed at $73.35, up 2.4%XIAOMI (01810.HK) closed at $23.46, up 2.2%BABA (09988.HK) closed at $95.7, up 1.7%HSI & HSCEI Co......
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06.07.26 - 05:15
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MEITUAN-W Open-Sources LongCat-2.0 Trillion-Parameter Large Model (AAStocks)
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MEITUAN-W (03690.HK) announced the official open-sourcing of its trillion-parameter large model LongCat-2.0, while simultaneously releasing inference code for domestic AI chips. LongCat-2.0 has total parameters of 1.6 trillion, with average activation of about 48 billion. The architecture introduces LongCat sparse attention and ......
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02.07.26 - 10:30
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Full-day Takeaway: HSI Closes at 23,055, Up 174 pts; HSTI Closes at 4,454, Down 17 pts; XIAOMI Up over 4%; MEITUAN Up over 3%; Market Turnover Rises (AAStocks)
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At close, HSI rose 174 pts or 0.8% to 23,055. HSTI dropped 17 pts or 0.4% to 4,454. HSCEI gained 54 pts or 0.7% to 7,612. Market turnover reached $369.63 billion.Active Heavyweights:XIAOMI (01810.HK) closed at $22.6, up 4.4%MEITUAN (03690.HK) closed at $70.85, up 3.4%BABA (09988.HK) closed at $94.5, up 1.8%TENCENT (00700.HK) clo......
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02.07.26 - 06:45
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H Shrs: HSI Rallies 273 pts Midday; BYD COMPANY Swells ~9%; SMIC Dives ~9% (AAStocks)
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The HSI closed midday at 23,154, up 273 pts or 1.19%, with half-day turnover at HKD213.387 billion; the HSTECH closed at 4,499, up 27 pts or 0.62%; the HSCEI closed at 7,648, up 90 pts or 1.19%.Major techs drifted higher. MEITUAN-W (03690.HK) surged 4.09%; JD-SW (09618.HK) swelled nearly 4%; KUAISHOU-W (01024.HK) climbed 3.46%; ......
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02.07.26 - 03:06
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Will share buy-backs help Chinese big tech companies rescue battered valuations? (SCMP)
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Chinese tech giants including Tencent Holdings, Alibaba Group Holding, Meituan, and Xiaomi have launched aggressive share buy-back programmes to revive investor confidence amid continuing scepticism towards the sector, while analysts suggest that a bottoming out could soon be in sight.
Plagued by stock prices that have hit alarming lows in recent trading cycles, the tech heavyweights are leaning on massive share repurchase programmes and high-profile appearances by company leaders to boost......
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30.06.26 - 10:30
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Full-day Takeaway: HSI Closes at 22,881, Down 145 pts; HSTI Closes at 4,472, Up 79 pts; NONGFU SPRING Down over 8%; ASMPT, HUA HONG GRACE Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI dropped 145 pts or 0.6% to 22,881. HSTI rose 79 pts or 1.8% to 4,472. HSCEI fell 47 pts or 0.6% to 7,558. Market turnover reached $308.05 billion.Active Heavyweights:TENCENT (00700.HK) closed at $429.8, up 2.3%CCB (00939.HK) closed at $8.07, down 2.1%MEITUAN (03690.HK) closed at $68.5, up 1.3%XIAOMI (01810.HK) clos......
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30.06.26 - 07:24
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China debuts biggest AI model trained on local chips, as Meituan releases LongCat-2.0 (SCMP)
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As China attempts to move beyond using domestic chips solely for model inference, food delivery giant Meituan has released what it claims is the country's first trillion-parameter artificial intelligence model trained entirely on home-grown hardware.
The Beijing-based on-demand service giant on Tuesday open-sourced LongCat-2.0, a new large language model (LLM) boasting 1.6 trillion parameters and a context window of 1 million tokens. The scale puts it on par with DeepSeek's latest flagship......
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30.06.26 - 06:30
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Midday Takeaway: HSI Down 273 pts; HSTI Up 61 pts; CCB Down over 3%; WUXI APPTEC, ASMPT, HUA HONG GRACE Hit New Highs (AAStocks)
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At midday close, HSI dropped 273 pts or 1.2% to 22,752. HSTI rose 61 pts or 1.4% to 4,454. HSCEI fell 98 pts or 1.3% to 7,507.Active Heavyweights:CCB (00939.HK) closed at $7.99, down 3%XIAOMI (01810.HK) closed at $21.54, down 1.5%BABA (09988.HK) closed at $92.35, down 0.7%MEITUAN (03690.HK) closed at $67.95, up 0.4%TENCENT (0070......
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30.06.26 - 03:30
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MEITUAN-W Splashes HKD99.77M to Repurchase 1.4627M Shares (AAStocks)
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MEITUAN-W (03690.HK) announced that yesterday (29th) it repurchased 1.4627 million shares of the company at prices ranging from HKD66.5 to HKD69 per share, involving HKD99.7718 million.Since the repurchase mandate resolution was approved, the Group has cumulatively repurchased 1.4627 million shares, representing 0.024% of its is......
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