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The HSI lost 98 points or 0.5% to 19,131 at midday. The HSCEI dropped 36 points or 0.5% to 6,850. The HSTECH slid 32 points or 0.8% to 4,213.KUAISHOU-W (01024.HK) and NEW ORIENTAL-S (09901.HK) are set to join the HSI family, with effect from 9 December. KUAISHOU-W and NEW ORIENTAL-S leaped 3% and 3.2%, while NEW ORIENTAL-S' ...
Recommend
73
Positive
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Negative
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UBS issued a research report expecting Hong Kong stocks to face heightened uncertainty in a challenging environment next year. The broker set its target for the HSI and MSCI HK at 20,000 and 8,400 at the end of next year, reflecting a largely flat index return. With rising geopolitical risks, the equity risk premium (ERP) may ex...
Recommend
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Positive
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SENSETIME-W (00020.HK) deployed the "SenseNova Cantonese Foundation Model" on the high-performance computing (HPC) service platform at Hong Kong Science Park, marking one of the first foundation models to operate in a local intelligent computing center in Hong Kong.Deploying the Cantonese foundation model on the HPC se...
Recommend
61
Positive
113
Negative
32
Chinese Premier Li Qiang presided over a State Council executive meeting last Friday (22nd) to study and foster the healthy development of the platform economy. He said that the development of the platform economy is tied to expanding domestic demand, stabilizing employment and benefiting people's livelihood, as well as empo...
Recommend
53
Positive
126
Negative
45
Bernd Lange, Chairman of the European Parliament's Committee on Trade, disclosed that the European Union (EU) and China are close to reaching an agreement on tariffs on electric vehicles (EVs) from the latter, Reuters reported. China promised to set a minimum price for EVs exported to the EU in order to eliminate the problem...
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