The Hong Kong Stock Exchange and the Hong Kong Securities and Futures Commission have contacted some relevant enterprises regarding the intention of Chinese concept stocks to return.
In response to the latest Global changes, the Hong Kong Stock Exchange and the Hong Kong Securities and Futures Commission have prepared according to the instructions of the Special Administrative Region government and have contacted some related enterprises.
Express News | The Hong Kong stock market rose initially, with the Hang Seng Tech Index up 1.2% and the Hang Seng Index up 0.6%; among the constituent stocks of the Hang Seng Tech Index, NIO rose over 5%, Li Auto rose over 4%, Meituan rose nearly 4%, and JD.com rose ove
The market may reach a critical juncture in the short term, with Banks and Electrical Utilities showing repeated activity, and the Technology Sector poised to take off.
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Futu Morning Report | Trump plans to ease foreign Autos tariffs to reduce Industry impact; late night major news! Alibaba releases and open-sources Qwen3; OpenAI ventures into the e-commerce sector, allowing the purchase of Commodities through ChatGPT.
Putin announced a 72-hour ceasefire in early May and expressed a willingness to engage in unconditional peace talks.
OpenAI has ventured into the e-commerce field! Users can purchase Commodities through ChatGPT.
①OpenAI announced an update to ChatGPT Search, improving the online shopping experience for users by providing Commodity recommendations, images, reviews, and direct purchase links; ②This feature is currently available for a few categories such as fashion, beauty, Housewares, and electronics, and will expand to more Commodities in the future.
Brokerage morning meeting highlights: Bullish on investment opportunities in the Commercial Property Sector in 2025.
At today's brokerage morning meeting, Guotai HAITONG SEC proposed to prioritize allocation to leading brokerages with significant comprehensive advantages and stronger cross-border asset allocation capabilities; GF SEC believes that the coal price median may decline in 2025, and leading companies are expected to maintain overall stable profitability; HTSC expressed a Bullish outlook on investment opportunities in the Commercial Property Sector for 2025.
In the morning, big news! Alibaba releases and open sources Qwen3, seamlessly integrating thinking modes, multilingual capabilities, and facilitating agent calls.
Alibaba stated that Qwen3 seamlessly integrates two modes of thinking and supports 119 languages, making it convenient for agents to call. This release of the Qwen3 series includes two expert mixture (MoE) models and six additional models, with the flagship model Qwen3-235B-A22B showing highly competitive performance in benchmark tests for code, mathematics, and general capabilities compared to top models like DeepSeek-R1, o1, o3-mini, Grok-3, and Gemini-2.5-Pro.
The competition among food delivery platforms has shifted to the battle for delivery capacity: JD.com, Meituan, and Ele.me are all optimizing the treatment of their riders.
① Analysts point out that the current "rider benefits" are still limited and incomplete, and essentially reflect the platform's balancing act between policy, costs, and operational stability. ② Meituan's first pilot program has started in Quanzhou, Fujian, and Nantong, Jiangsu, open to all riders in the region, and will gradually cover the entire country.
Sinopec's Q1 revenue decreased by 6.9% year-on-year, while net profit attributable to shareholders plummeted by 27.6% | Earnings Reports Insights.
Under the dual pressure of falling international oil prices and weak downstream demand, the profitability of the group's refining Sector has significantly narrowed, and the chemical Sector recorded a loss of 1.321 billion yuan in Q1. Exploration and development remain Sinopec's "ballast", achieving an EBITDA of 13.631 billion yuan, but this profit has also declined compared to the past few quarters.
The pattern of the Chinese smartphone market changed in the first quarter: Xiaomi topped the chart for the first time in ten years, while Apple's market share declined.
① The Analyst believes that the main reasons for Xiaomi's rise to the top are the optimization of its channel system and the national subsidy policy for purchasing devices. ② The overall market fundamentals remain relatively weak, and the shipment volume has not yet recovered to the level of the same period before the pandemic.
Weekly Preview | The super week is coming! Earnings from technology giants and non-farm payroll data are being released one after another; the investment界 Spring Festival gala is underway, and Buffett will attend the Shareholder meeting; Hong Kong stock m
Berkshire Hathaway Inc., led by Buffett, will hold a shareholder meeting, and the Bank of Japan will announce its interest rate decision. In terms of data, pay attention to the USA's first quarter GDP, the USA's April non-farm employment report, March's PCE price index, and China's April manufacturing PMI. In terms of Earnings Reports, focus on Microsoft, Meta, Apple, Amazon, Pfizer, Eli Lilly and Co, Coca-Cola, and others.
In the first quarter, China imported less than 0.1 million Autos, a year-on-year decrease of nearly 40%! Imports of Autos from the USA were less than 0.01 million.
① In China, the import of Autos from January to March was 0.095 million units, a year-on-year decrease of 39%, marking a significant decline in this period that is rarely seen. ② The import of vehicles from the USA fell to 8,870 units from January to March; representing a 66% year-on-year decrease, and this decline continued in March.
During the 20th collective study session of the Politburo of the Communist Party of **** emphasized the importance of self-reliance, focusing on application-oriented approaches, and promoting the healthy and orderly development of AI.
On the afternoon of April 25, the Political Bureau of the Central Committee of the Communist Party of China conducted its twentieth collective study on strengthening the development and regulation of AI.
China Shenhua Energy's Q1 revenue and profit both declined, with Coal sales falling by 15.3% year-on-year | Earnings Reports insights.
In the first quarter of 2025, China Shenhua Energy's revenue decreased by 21.1% year-on-year, and net income dropped by 18% year-on-year. The company attributes the decline in revenue to "a reduction in Coal sales volume and average sales price leading to a decrease in Coal sales revenue; a decline in electricity sales volume and average electricity sales price resulting in a decrease in electricity sales revenue."
Ant Wealth plans to acquire a Brokerage license and make a tender offer for Yao Cai Securities, with a total cash price exceeding 2.8 billion Hong Kong dollars.
① ANT GROUP CO., LTD. is seeking to acquire a controlling stake in a brokerage in Hong Kong; ② A premium offer of 17.6% for the acquisition, with a total cash price exceeding 2.8 billion HKD; ③ ANT GROUP CO., LTD. has been continuously increasing mergers and acquisitions in the Technology sector and focusing on talent placement in Technology in recent years.
CHINA TELECOM: In Q1 2025, net income grew by 3.1% year-on-year, and the 5G user penetration rate exceeded 62%.
In Q1 2025, CHINA TELECOM's net income increased by 3.1% year-on-year, with a 5G user penetration rate exceeding 62%. Key points: Financial performance: In 2025, Q...
The Political Bureau of the Central Committee of the Communist Party of China held a meeting to analyze and study the current economic situation and economic work.
The meeting emphasized the need to expedite the implementation of more proactive macroeconomic policies, making good use of a more aggressive fiscal policy and moderately relaxed MMF.
Humanoid robot competition: a "technical coming-of-age ceremony" where "flops" and "evolution" occur simultaneously.
① The champion team from Tian Gong, CTO Tang Jian of the Peking Humanoid Robot Innovation Center, told the Star Daily reporter, "The half marathon competition is mainly a limit test for the robot's Hardware and Software motion algorithm, or the stability and reliability of the robot's 'little brain'." ② The Wuxi embodied intelligence sports event opening tomorrow, along with the upcoming robot combat competition held by Yushu, will undoubtedly attract more attention for 'inspection.'
Express News | Trump is considering a graded tariff plan on China.
Technology stocks are rebounding, while high-profile stocks are collectively "cooling down". The market may enter a critical period for switching between high and low performances.
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