Huayi Tencent Entertainment Makes Various C-Level Changes

Huayi Tencent Entertainment (HKG:0419) has hired Zhao John Huan as its chairman and non-executive director effective today, Wednesday, a same-day filing on the Hong Kong bourse stated. Zhao currently

MT NewswiresApr 24 09:05 ET

Heavy, it's all gone crazy!

A major shift in logic

Gelonghui FinanceApr 24 08:04 ET

Shentong Express: Singapore Shentong no longer holds shares in Cainiao

Jinwu Financial News | Shentong Express announced that Singapore Shentong, an overseas subsidiary of the company that indirectly holds 100% of its shares, plans to transfer 0.74% of its Cainiao shares to Ali CN at a price of 0.62 US dollars per share, at a transfer price of US$707.38 million, and plans to sign a share purchase agreement and selection form with Ali CN, and also relinquish its preferential purchase rights; after the transaction is completed, Singapore Shentong will no longer hold Cainiao's shares.

金吾財訊Apr 24 06:25 ET

Trends in Beishui | After a net purchase of 1,995 billion Hong Kong Stock Exchange (00388) results, Beishui Trading received 700 million yuan in foreign exchange control (00005) and continued to be sold off

On April 24, in the Hong Kong stock market, Beishui made a net purchase of HK$1,995 million, of which the Hong Kong Stock Connect (Shanghai) transaction made a net purchase of HK$1,597 million, and the Hong Kong Stock Connect (Shenzhen) transaction made a net purchase of HK$398 million.

Zhitong FinanceApr 24 05:48 ET

Market Chatter: 1,500 Firms Display Products as Beijing Car Show Returns After Four-Year Hiatus

Over 1,500 automakers and parts manufacturers will be a part of the first Beijing Auto Show since 2020, Yicai Global reported Monday.

MT NewswiresApr 24 03:41 ET

[Broker Focus] CMB International maintains Xiaomi (01810) purchase rating and is optimistic about its “human and car” intelligent ecosystem

Jinwu Financial News | According to CMB International, the bank participated in the 2024 Xiaomi Investor Day event hosted by Xiaomi Group (01810) in Beijing. The main summary points include: 1) The Xiaomi SU7 will deliver 100,000 vehicles for the whole year of 2024, and the delivery target will reach 10,000 vehicles in June. 2) The annual gross margin target for the Xiaomi SU7 NEV is 5-10%, which is better than the market's original expectations, mainly due to impressive sales momentum. 3) The Xiaomi car business is expected to reach break-even after the annual sales volume reaches 30-400,000 vehicles.

金吾財訊Apr 24 03:21 ET