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25/04/2025
The Philippine stock index rose 1% to 6221.64 points.
Latest
2 m ago
Japanese: Ali, Tencent, Ctrip, and Pinduoduo are the top recommended companies in the Chinese internet industry.
2 m ago
Daikyo's report on the Chinese internet industry stated that the China concept internet index ETF and the Hang Seng tech index dropped by 10% and 10.5% respectively in the past month, affected by geopolitical uncertainty. The bank believes that US-China relations have reached a "peak of confrontation" and may return to a more constructive development in the future. Daikyo's top recommendations are Alibaba, Ctrip, Tencent, Pinduoduo, and Sea, with positive outlook for Manbang as well. The bank believes that Alibaba, as a leader in the cloud market, is most likely to benefit from the growth in public cloud spending; Ctrip is expected to benefit from the growth in demand for inbound tourism to China; and Tencent has room for valuation growth compared to its average P/E ratios over the past three and five years.
2 m ago
Latest data from the U.S. Department of Agriculture: Sharp decline in China's purchases of American soybeans and pork.
3 m ago
Guangdong state-owned assets show their "report card": By 2024, total assets reached 2.73 trillion yuan, and investments in emerging industries totaled 642.02 billion yuan.
3 m ago
Shanghai Municipality holds a conference to promote financial service companies to "go global", emphasizing the quick development of a group of innovative products and cases for financial service companies to "go global".
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