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08/08/2025
Apple's stock price rose by 3% at one point, marking the biggest increase since June 30th.
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2 m ago
Morgan Stanley released a research report stating that based on the performance of Cathay Pacific Airlines in the first half of this year, the net profit forecasts for the years 2025, 2026, and 2027 have been lowered by 7%, 5%, and 7% respectively, mainly reflecting a decrease in passenger revenue forecasts partially offset by improvements in cost control; at the same time, capital expenditure forecasts have been raised. The report indicates that if demand for routes in Japan and Thailand recovers better than expected, which could support revenue performance, they may shift to a more positive view. The outlook for the US-China trade relations is also a factor that could affect the momentum of the freight business. Additionally, considering that fuel costs make up about 30% of Cathay Pacific's total costs, the trend in oil prices is also an important indicator to monitor. Given the uncertainties in the operational outlook, Morgan Stanley maintains a "market-perform" rating for Cathay Pacific Airlines, with a dividend yield of 7% potentially limiting downside risks, and a target price lowered from 12.1 Hong Kong dollars to 10.8 Hong Kong dollars.
3 m ago
Zhongchuangxin Hang, among others, has established a new company in Handan, including battery manufacturing business.
4 m ago
Our country's steel industry has entered the "new quality track", with 95.1% of steel enterprises continuing to implement intelligent transformation and upgrading.
5 m ago
Tianyan Cha's business information shows that recently Xinghai Map (Beijing) Artificial Intelligence Technology Co., Ltd. has undergone changes in business registration, with additional shareholders including Chengdu Longzhu Equity Investment Fund Partnership Enterprise (Limited Partnership) under Meituan, Hanghai Information Technology (Shanghai) Co., Ltd., and Nanchang Hexie Anrui Equity Investment Partnership Enterprise (Limited Partnership). The registered capital has increased from approximately 1.19 million RMB to 13.9 billion RMB, and multiple executives have also changed. Public information shows that Xinghai Map is an artificial intelligence company focused on the research and development of embodied intelligent basic models and embodied intelligent robots.
6 m ago
Hong Kong stocks fluctuate | Derin Holdings (01709.HK) rebounds by more than 9% in the afternoon, raising over 600 million Hong Kong dollars through rights issue, increasing investment in RWA tokenization plan and virtual assets.
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