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Home > Latest

Lates News

date
12/09/2025
Hong Kong pharmaceutical outsourcing concept stocks surged in the afternoon, with Zhaoyan new drug rising more than 8%, and Tiger Medicine rising more than 6%.
Latest
3 m ago
Goldman Sachs is optimistic about China's prospects for increasing oil reserves in 2026, but remains bearish on oil prices.
3 m ago
Goldman Sachs predicts that China will accelerate its pace of oil stockpiling this year and in 2026, driven by falling oil prices and concerns about energy security, sparking a buying frenzy. Daan Struyven, head of oil research at Goldman Sachs, said in an interview this week that he expects Chinese petroleum inventories to increase by 500,000 barrels per day over the next five quarters. This optimistic forecast far exceeds estimates of China's recent stockpiling efforts. Attendees at the Asia-Pacific Petroleum Conference in Singapore this week stated that Chinese buying helped support demand and boost oil prices, but the prospect of oversupply cast a shadow over the global market. Frederic Lasserre, research head at Commodities Group, estimates that China's stockpiles increased by approximately 200,000 barrels per day in recent months. However, Goldman Sachs still predicts that Brent prices will fall to the $50-60 range next year. The International Energy Agency (IEA) raised its forecast for record high levels of oversupply in 2026 on Thursday, as OPEC+ and other oil-producing countries increase production.
4 m ago
S&P: Confirms Tencent Music (01698.HK) "A-" long-term foreign currency issuer rating with a "stable" outlook.
4 m ago
Revision of the CSI Hong Kong Stock Connect Artificial Intelligence Theme Index and the CSI Hong Kong Artificial Intelligence Theme Index Compilation Plan.
4 m ago
Yesterday, Xpeng Motors (XPEV.US) closed up 2.39%, and today, before the US stock market opens, it continued to rise by 1.7% to $20.93. On the news front, the Ministry of Industry and Information Technology announced that Xpeng Motors' first extended-range SUV, the Xpeng G7 Super Range, has been revealed. The information shows that the Xpeng G7 Super Range will be equipped with Xpeng's latest generation extended-range technology, with a pure electric range of 430km, combined with the all-domain 800V high-voltage platform architecture and 5C super-fast AI battery charging capabilities, providing long range and fast charging.
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