After issuing convertible senior notes, will JD be followed by Ali?
JD issues convertible bonds, and Ali will follow suit. Who might be next? On Wednesday, Alibaba's Hong Kong stock fell by more than 5%. According to the news, people familiar with the matter said that Ali is considering issuing convertible bonds and plans to raise about 5 billion US dollars in capital. Earlier, on May 21, JD announced that it plans to issue convertible bonds with a total scale of 1.75 billion US dollars. After three consecutive days of decline, JD Hong Kong stocks fell by more than 4% today. JD said that the issuance of convertible bonds will enable it to use low financing costs (0.25% coupon rate) to speed up the share repurchase process at the current stock price. The conversion price is 45.7%, and the market price premium is about 35%. In response, HSBC said: Mutual
Express News | HK’s Hang Seng Index Closes Down 1.7% at 18,868.71 Points
Lenovo Group GAAP EPS of $0.02, Revenue of $13.83B Beats by $630M
Express News | Hong Kong's Hang Seng Index Down 2%
Express News | HK’s Hang Seng Index to Open Down 0.9% at 19,024.41 Points
Lynk & Co carries the banner of Geely's counterattack
The hybrid wind starts.
The commodity boom came to an abrupt end! Basic metals fell across the board, copper and nickel fell sharply, and crude oil fell three times in a row
The minutes of the Federal Reserve meeting show that the Federal Reserve may postpone interest rate cuts due to continued inflation, thus suppressing market expectations of interest rate cuts, and crude oil prices fell in response. Lun Copper closed down 4.05%, while Lunn Nickel fell 4.4%. Some analysts pointed out that the main reason for the decline in copper prices may be related to investors starting to make a profit settlement after copper prices hit a record high, recent weakness in copper demand, and a possible increase in copper production in Peru in 2024.
Hang Seng Index closed at night (5.23) | Hang Seng Index closed at 19035 points at a low of 161 points during the night (May)
The Zhitong Finance App learned that as of May 23, the Hang Seng Index closed at night (May) at night (May), down 136 points or 0.709%, down 161 points. The total number of open contracts was 136,304, a decrease of 8,920; the net number of open contracts was 65,787, an increase of 4,158.
MTR Corporation Limited Goes Ex Dividend Tomorrow
Tencent, IFlytek Cut Prices of AI Services, Following Alibaba, Baidu's Move - Report
Express News | HK’s Hang Seng Index Closes Down 0.1% at 19,195.60 Points
Express News | HK’s Hang Seng Index to Open up 0.0% at 19,225.26 Points
Hang Seng Index closed at night (5.22) | Hang Seng Index closed at 19,212 points at night (May), down 9 points
As of May 22, the Hang Seng Index closed at night (May) at 19,212 points, up 12 points, or 0.063%, and a low of 9 points.
Li Auto's Strategic Adjustments And Upcoming Model Launches Position It for Future Success, Says Goldman Sachs
Goldman Sachs analyst Tina Hou reiterated a Buy rating on Li Auto Inc (NASDAQ:LI) with a price target of $43.60.
Tencent's market capitalization is rushing to 4 trillion dollars. How long can the momentum last, and can “the king return”?
A tough battle.
Express News | HK’s Hang Seng Index Closes Down 2.1% at 19,220.62 Points
Tencent or the dark side of Investment Month continues to compete with Ali for the “No. 1 AI Investor”
On the 21st, according to all-weather technology news, the big model startup Moon's Dark Side is currently undergoing a new round of financing. Investors include Tencent and Gao Rong Venture Capital. If discussed, LLM startups with domestic valuations exceeding 1 billion dollars will basically have Ali and Tencent.
Express News | Hong Kong 's Hang Seng Index Down Roughly 2%
Express News | HK’s Hang Seng Index to Open Down 0.8% at 19,473.67 Points
Hang Seng Index closed at night (5.21) | Hang Seng Index closed at 19498 points at night (May), a low of 138 points
As of May 21, the Hang Seng Index closed at 19498 points at night (May), down 138 points, or 0.703%, and a low of 138 points.