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date
16/05/2025
China Earthquake Networks Center officially determined: At 09:00 on May 16th, a 4.5-magnitude earthquake occurred in Yingjiang County, Dehong Prefecture, Yunnan Province, with a focal depth of 10 kilometers.
Latest
2 m ago
Yingxing Holdings (01440.HK): Solve the problem of highly concentrated equity.
2 m ago
China Merchants International raised the target price of Tencent Holdings to 660 Hong Kong dollars, expecting AI to sustain business growth.
2 m ago
China Merchants International released a report stating that Tencent Holdings' first quarter performance exceeded expectations with a 13% year-on-year increase in revenue and a 22% increase in non-IFRS net profit, both of which were 3% higher than market expectations. During the period, gaming and advertising revenue showed strong growth with year-on-year increases of 24% and 20% respectively. Profit margins also exceeded expectations due to shifts in revenue structure and improvements in cost efficiency. Based on the first quarter performance, the bank has raised its 2025 to 2027 non-IFRS net profit forecasts for Tencent by 3% to 7%, raised the target price from HK$625 to HK$660, and is optimistic about the continued growth of AI development driving various business sectors. They maintain a "buy" rating.
3 m ago
Stocks related to the concept of autonomous driving are fluctuating and rising, Xingmin Zhitong and Desai Sci-Tech both surged over 5%.
4 m ago
In May, the net buying of A-shares exceeded 21 billion yuan. Seven major industries received large-scale additional investments.
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