Intraday Overview | The Hang Seng Index entered a technical bull market, and the Tech Index rose more than 1.7%
Technology stocks strengthened; Shangtang and BYD Electronics rose more than 6%, and NIO rose more than 5%; Youbi Choice rose more than 15%, and the company took the lead in developing the “Tiangong” robot platform.
Tech giants face profit challenges: the market value of Huali Seven Shares evaporates by nearly 1 trillion US dollars
Large technology companies are facing a profit test. The seven major tech giants lost nearly 1 trillion US dollars in market capitalization last week, and market anxiety is rising.
Express News | CCB International cuts Ali Health's target price by 33% to outperform the market
Hong Kong Internet healthcare stocks fluctuated and recovered. Ping An Good Doctor fell nearly 4%, Jingdong Health fell nearly 3%, and Ali Health fell 1.4%.
Hong Kong Internet healthcare stocks fluctuated and recovered. Ping An Good Doctor fell nearly 4%, Jingdong Health fell nearly 3%, and Ali Health fell 1.4%.
Changes in Hong Kong stocks | Alibaba Health (00241.HK) fell nearly 5% to a new low and high base, putting pressure on the company's revenue growth in the short term
Ali Health (00241.HK) fell nearly 5%, hitting a new low of HK$2.74. As of press release, it decreased by 4.5% to HK$2.76, with a turnover of HK$669.64 million.
Big Bank Rating | Dahua Jixian: Lowering Ali Health's Target Price to HK$4 to Maintain “Buy” Rating
Dahua Jixian published a report. Alibaba Health's revenue for the 2024 fiscal year is expected to drop 5% year-on-year, adjusted profit will increase by 30% year-on-year, and the revenue and profit targets for fiscal year 2025 are 15% and 70% year-on-year growth, respectively. As business expansion was slower than expected, the bank lowered Ali Health's revenue growth forecast for the 2024 and 2025 fiscal years from 14% and 21% to -5% and 15%, respectively, but with the synergy between steady demand for healthcare products and Ali Mama's marketing business, it remains optimistic about its long-term growth prospects. Dahua Jixian maintains Ali Health's “buy” rating, and the target price was lowered from HK$6 to HK$4
Huang Jiaojiao sold 23,900 shares of the associated corporation of Ali Health (00241.HK), worth about US$2181,000
On April 5, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on April 5, Huang Jiaojiao sold 23,900 shares of Alibaba Group Holding Limited, an associated corporation worth about US$2181,000, at an average price of US$9.1,343 per share on April 2. After the sale, Huang Jiaojiao's latest shareholding number of shares in the associated corporation was 231,000 shares, with a good position ratio of 0.00%. Additional Information: Boxes 30 - 34: Restricted share unit
Express News | Ali Health responds to ongoing negotiations to acquire Good Doctor Online Report: The news is untrue
Express News | Ali Health is reportedly in talks to acquire Good Doctor Online
Ali Health (0241.HK) 2HFY24 Performance Forecast: High base effect puts pressure on revenue growth in the short term
Short-term revenue growth faces fluctuations. With a long-term focus on the broad pharmaceutical e-commerce market, we believe that Alibaba Health may face high base pressure exceeding our previous expectations in the short term. We lowered its non-IFRS net profit forecast to RMB 10/15/20
Dragon (01930) will pay a final dividend of HK$0.00241 per share on July 26
Qilong (01930) announced that the company will pay a final dividend of 0.00 per share on July 26, 2024...
Hong Kong Internet Healthcare Stocks Continue to Fall
Gelonghui March 22 | JD Health (6618.HK) fell 8.5%, Ali Health (0241.HK) fell 4.5%, and Zhongan Online (6060.HK) fell more than 4%.
Express News | Medical Device Online Sales Compliance Management Work Report Meeting Held in Beijing
LEAP 2024: Leaping on the cusp of change, a great opportunity is here
① LEAP, the largest technology exhibition in the Middle East, was held in Riyadh, Saudi Arabia from March 4 to 7 ② During the four-day exhibition, the LEAP conference boosted Riyadh's local economy by more than 500 million US dollars.
Featured announcements | Fuyao Glass's net profit in 2023 increased 18.37% year on year; passenger occupancy rates of the three major airlines all recovered to more than 80% in February
Meitu's adjusted net profit in 2023 was about 370 million yuan, up 233.2% year on year; Longhu Group's total contract sales amount for February was 5.75 billion yuan.
Weekly outlook | Market attention! The Federal Reserve's interest rate decision hit hard, and Tencent, Pinduoduo, and Meituan financial reports were announced
The State Information Office will release important data such as the annual rate of fixed asset investment in China's cities and the annual rate of total retail sales of social consumer goods; the Bank of Japan will hold a monetary policy press conference; Nvidia will host an AI conference; and the “US version of Tieba” will be listed on Reddit.
Ali Health (00241.HK) grants a total of 1.93 million restricted share units
Gelonghui March 15 | Ali Health (00241.HK) issued an announcement. On March 15, 2024, the company granted a total of 1.93 million restricted share units to 12 grantees in accordance with the terms of the share award plan. The purpose of granting restricted share units is: (i) to provide skilled and experienced persons with an opportunity to acquire shares in the company in order to absorb them to promote the further development and expansion of the Group; (ii) recognize the contributions of the Group's current employees to the Group's success and development; and/or (iii) comprehensively motivate and encourage employees to remain in the Group to promote future development and expansion.
Hang Seng Technology says it has entered a technical bull market! Which companies are working secretly?
Among the constituent stocks of the Hang Seng Technology Index, Meituan and Bilibili have rebounded more than 50% since their low during the year; in auto stocks, Ideal Auto and Xiaopeng Auto have risen by more than 43% and 35% respectively.
So sudden! Hong Kong stocks have soared, and the technical bulls have arrived!
Hong Kong stocks rose across the board. The Hang Seng Index soared 505 points to 17,093 points, and the increase was corrected for the first time in the year; the Hang Seng Technology Index rose 4.64%, rebounding more than 20% from its low point and entering a technical bull market.
Alibaba Health Shareholders to Vote March 26 on Contract Renewal With Affiliates
Shareholders of Alibaba Health Information Technology (HKG:0241) will meet March 26 to vote on the proposed renewal of two agreements with affiliates of the company, a filing posted on the Hong Kong b
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