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14/05/2025
Technology stocks in Hong Kong surged, with Tencent Music rising by over 10%, JD Health up by 6.45%, Alibaba Health and JD up by over 4%, and Meituan up by over 3%.
Latest
2 m ago
Pantheon Macroeconomics' chief UK economist Robert Wood said that as the job market gradually weakens, the Bank of England may cut interest rates twice more this year. Data released this week showed that the UK's unemployment rate is rising, but at a slow pace rather than a sharp increase, while wage growth is also slowing down. The Bank of England's policy committee can relax interest rates. However, there are still signs that some underlying factors are keeping wage growth fast and preventing inflation from reaching the Bank's 2% target. This means that the Bank of England is unlikely to cut rates continuously, but there is room for two more rate cuts after cutting rates in February and May this year.
2 m ago
Institution: Unemployment rate rises in the UK, expects the Bank of England to cut interest rates twice more this year.
2 m ago
Hong Kong stocks surged | Longpan Technology (02465.HK) rose more than 12% in the afternoon to sign a recent sales contract for lithium iron phosphate cathode materials with a total amount of over 5 billion yuan.
3 m ago
Hon Hai: It is expected that the production of artificial intelligence servers will accelerate in the second quarter.
4 m ago
The original Microsoft WizardLM project team has joined Tencent Huanyuan.
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