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Home > Latest

Lates News

date
21/05/2025
In terms of Taobao's overseas expansion, the number of merchants who have signed up to participate in the overseas venue of Tmall 618 as of now has reached nearly a million, setting a new record.
Latest
2 m ago
Spot gold rose nearly 1% to $3,320.37 per ounce.
3 m ago
Hong Kong IT service company Ultra High Point (UHP.US) plans to price its IPO at $4-5 per share and raise $10 million.
3 m ago
The Hong Kong dollar is approaching the weaker side of the exchange rate guarantee level. Traders are selling in arbitrage trading.
4 m ago
UBS: Raises Target Price for China Unicom to 11.5 Hong Kong Dollars, Raises Earnings Forecast for the next two years.
4 m ago
UBS released a report indicating that Uni-President Enterprises' management in China is maintaining guidance of 6% to 8% revenue growth by 2025, and striving to achieve growth of 8% to 12%. The instant noodle business has shown strong resilience since the beginning of the year, but the beverage business faces increasingly intense competition as it enters the peak season. Management expects that due to expansion and careful cost management, the expense ratio in 2025 will slightly decrease. Considering Uni-President's solid performance so far this year, UBS has raised its earnings per share forecast for the next two years by 4% to 6%, and reiterated a "buy" rating with a target price increase from HK$9.7 to HK$11.5.
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