Express News | Bao Chengchao, Chief Strategist at CITIC Securities: The recent adjustment in A-shares represents a rebalancing of position structures following a market rally.

Breakings36minutes ago

Hong Kong Market Midday Commentary | All three major indices rose, with the Hang Seng Index up over 2% and the Hang Seng Tech Index climbing nearly 3%; tech and internet stocks surged collectively, Alibaba gained more than 5%, Tencent rose over 3.5%; CSOP

Tech and internet stocks rose broadly, with Alibaba-W up 5.15% and Meituan-W up 3.77%; mobile gaming stocks strengthened, with Boyaa Interactive up 6.15% and Bilibili-W up 4.30%; coal stocks gained, with Yankuang Energy up 9.94% and China Coal Energy up 9.02%;

Futu News12:16

HK Stock Market Movement | CITIC Securities (06030.HK) Rises Nearly 4% on Expected 70.15% Year-on-Year Increase in Interim Net Profit Attributable to Shareholders

CITIC Securities (06030.HK) rose nearly 4%. As of the time of writing, it was up 2.47% at HK$27.36, with a turnover of HK$968.758 million.

Zhitong Finance10:45

Shanghai Unveils Landmark Space-Based Computing Constellation Project, Aiming for Deployment of Thousands of Satellites; Commercial Space Sector Receives Fresh Catalyst

① This initiative is a flagship project in Shanghai’s strategic development of the space-based computing industry, positioned as Shanghai’s premier constellation program for space-based computing capabilities. ② It aims to establish a global satellite-based intelligent computing network, with commercial operations commencing upon the deployment of one thousand satellites. ③ Previously, Shanghai launched the Space-Based Computing Industry Ecosystem Partnership Program, marking the formal establishment of a collaborative innovation mechanism in the space-based computing sector that integrates universities, research institutes, and technology enterprises.

cls.cnJul 18 18:52

CITIC Securities Gains Shareholder Backing at Extraordinary Meeting for Targeted H-Share Issuance

TipRanksJul 17 19:38

Nine securities firms were the first to secure approval for the initial batch of actively managed ETF fund brokerage settlement business, with Huatai and Guosen each securing four mandates featuring 'deep integration.'

① The first batch of 18 actively managed ETFs has entered the filing stage, with 17 adopting the broker-settlement model and only E Fund Management using a non-broker-settlement structure; ② Huatai Securities and Guosen Securities each secured four mandates, leading the pack, while Cathay Securities, Haitong Securities, and CITIC Securities each obtained two; ③ The list reflects both shareholder synergies and fund managers’ emphasis on brokers’ comprehensive service capabilities.

cls.cnJul 17 16:10