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The Hong Kong government released this morning (28th) a policy statement on responsible application of artificial intelligence (AI) in the financial market.The statement mentioned that the government will adopt a dual-track approach to promote development of AI adoption by the financial services sector, while at the same time ad...
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CICC published a Hong Kong stock strategy report, listing the analysts' views on the list of Chinese stocks that are likely to beat consensus in the 2024 interim results:Chinese stocks that may post 10% consensus-beating interim results: CRRC (01766.HK)TRIP.COM-S (09961.HK)ZMJ (00564.HK)ANE (09956.HK)KERRY LOGISTICS (000636....
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CICC released its Hong Kong equity strategy report. Ahead of the mid- to late-August peak season for corporate results announcements, the broker analysed 433 overseas Chinese stocks in its coverage area based on industry analysts' forecasts, in particular for areas that are likely to exceed expectations.CICC forecasted an ov...
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Morgan Stanley released a China equity strategy report rating the MSCI China Index at Equalweight among the world's emerging markets. Morgan Stanley expected a range-bound for the index in 2H24, and kept the HSI base case target at 19,150 for June 2025, equivalent to a projected PE ratio of 9x.Morgan Stanley said that there ...
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Stock│ RatingAlibaba Group Holding Limited (BABA.US)│Equalweight MIDEA GP(000333.SZ)│OverweightHAIER SMART HOME(600690.SH)│EqualweightTrip.com Group Limited (TCOM.US)│OverweightROBOROCK(688169.SH)│EqualweightPOP MART (09992.HK)│OverweightJOYSON ELECTRONIC(600699.SH)│ OverweightMINT...
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