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<Europe>European Bourses Elevate in Early Trading; French Mkt Sets New High; Luxury Stocks Climb
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LT Resettlement Plan for Wang Fuk Court in Tai Po To Be Announced on Sat at Earliest; Chance of Rebuilding on Original Site Slim; Acquisition of Wang Chi House May Be Abandoned: Rumor
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HK Latest Jobless Rate Inches Up 0.1 ppt to 3.9%, Narrowly Above Consensus
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<H Shrs>HSI Closes Down 292 Pts in Yr of Horse, HSTECH Sags 2.9%, but Robotics Stocks/ AI Large Model Listed IPOs Surge
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<Full-day Takeaway>HSI Down 292 pts; HSTI Down 156 pts; BABA Down over 4%; XIAOMI Down over 3%; HENDERSON LAND, MIDEA GROUP, CNOOC, HANG LUNG PPT, SHK PPT Hit New Highs; Market Turnover Rises
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<Research>G Sachs: KINGDEE INT'L Expected to Swing to Profit of RMB60M+ Last Yr, Below Forecast; TP Dropped to $18.21
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BABA-W Qwen App Receives Total 5B User Queries Via 'Qwen Help Me' During Spring Festival
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Casinos Broadly Subside, as SANDS CHINA LTD Slips 2.5%, after Citi Cuts GGR Forecast to MOP20B
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JD-SW's Robot Order Volume Balloons by 150%
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<Research>CICC Initiates Coverage on MINIMAX-WP w/ Rating Outperform & TP $1,109
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<Research>BOCOMI: Indian Summer Anticipated; CHINA RES LAND/ YUEXIU PROPERTY Still Liked in Mid-to-long Term
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<H Shrs>HSI Sags 161 Pts Midday in Yr of Horse; Robotics/ AI Model Stocks Spike; PetroChina, CNOOC Hit Record Highs
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<Research>HSBC Research: Commodities Show Strong Start; Copper, Aluminum, Precious Metals Poised for Outperformance
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<Research>Macquarie: MO GGR Slows Due to Seasonal Factors; Galaxy, Sands, MGM Favored
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<Research>G Sachs Ratings, TPs on HK Homebuilders (Table)
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<Research>CMBI Elevates SANY INT'L TP to $20.6, Raises Earnings Forecasts
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<Midday Takeaway>HSI Closes Midday at 26,544, Down 161 pts; HSTI Closes Midday at 5,245, Down 122 pts; BABA Down over 3%; HENDERSON LAND, CNOOC, HANG LUNG PPT, MIDEA GROUP, SHK PPT Hit New Highs
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<CN Home>COUNTRY GARDEN Pays ~USD398M in Cash Consideration to Creditors, Representing 2% of Restructured Debt Principal
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<Research>CMBI Raises TP for HUA HONG SEMI to HKD80; Valuation High; Rating Hold
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<Research>CLSA Lifts HAIER SMARTHOME TP to $32, Expects Domestic Mkt Rev. Growth to Slow This Yr
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