Hong Kong Monetary Authority: Will consider whether to issue new licenses after the first batch of stablecoins is launched.

Yu Weiwén indicated that after the initial batch of stablecoins is launched, further consideration will be given to whether new licenses should be issued. He reiterated that even if additional licenses are granted, the number will remain limited and subject to market capacity in terms of how many issuers and new types of risks can be accommodated. He emphasized that expectations management for the market will be carefully handled.

Zhitong FinanceMay 4 14:41

Comment on ZhongAn Online's (6060.HK) Q1 2026 Solvency Report: Insurance Business Remains Robust, Capital Maintained Steadily

Report Summary: ZhongAn Online's Q1 2026 net profit decreased by 69.9% year-over-year, likely impacted by temporary investment underperformance; premium income remained robust, expense ratio significantly improved, and solvency remained stable. Maintain "Buy" rating. Key Investment Points: Maintain "Buy" rating.

Guotai Haitong SecuritiesMay 2 00:00

ZhongAn Online Reports Strong Solvency Ratios and First-Quarter 2026 Metrics

TipRanksApr 30 19:55

Zhipu and Minimax are about to enter the Hang Seng Tech Index and the Shanghai-Hong Kong Stock Connect, marking the moment when AI reshapes the Hong Kong stock market.

The two strongest-performing IPO stocks in the Hong Kong stock market — Zhilv and MiniMax — would have reduced the year-to-date loss of the Hang Seng Tech Index by 5 percentage points if they had been included since their listing. Both are expected to be added to the index on June 8, with a combined weight of 5%-7%, bringing approximately $1.25 billion to $1.75 billion in passive fund inflows. The Stock Connect program for Hong Kong stocks will also gradually open. However, the real stress test will come in July during the lock-up expiration period: Zhilv faces a 5.83% lock-up expiration, while MiniMax has nearly 50% of its shares unlocked, putting liquidity premiums to the test.

wallstreetcnApr 29 11:13

AI Disrupts the Most Obscure Link: Terminal Value Fluctuations Are Reassessing the Entire U.S. Stock Market

Goldman Sachs pointed out that approximately 75% of the equity value of the S&P 500 now stems from 'terminal value' (i.e., forward earnings expectations beyond a decade), approaching levels seen during the peak of the internet bubble. A one-percentage-point reduction in long-term growth rates could lead to an overall valuation contraction of 15%, with high-growth stocks facing an impact as significant as 29%. Amid narratives of AI-driven disruption, market sell-offs have been concentrated in high-margin industries such as software, reflecting a repricing of long-term growth rather than deterioration in short-term fundamentals.

wallstreetcnApr 28 22:10

ZA ONLINE: ANNUAL REPORT 2025

HKEXApr 28 19:04 · Announcements