Market Chatter: Baidu, Others Poised to Join Hang Seng Index Amid Reshuffle, Analysts Say
10:13 PM EST, 02/20/2022 (MT Newswires) -- Baidu (HKG:9888), Nongfu Spring (HKG:9633) and Genscript Biotech (HKG:1548) could be added to the Hang Seng Index following the latest review of Hong Kong's
Review of December 24: full momentum this week, release the volume of the main funds to attack 5 shares next week.
December 24 news, the three major indices opened low, and then Prev maintained a low consolidation, the gem index led two cities down. In terms of the plate, medicine-related plates collectively rose, Chinese medicine stocks led the rise, food processing, retail and other consumer stocks were active against the trend; lithium batteries, photovoltaic, energy storage and other new energy tracks fell across the board, of which the weight fell more than 9% in the Ningde era. The index continued to weaken in the afternoon, with the gem index falling 2.7% at one point. Cultivate diamond, NFT concept stocks pull up; automobile, rare earth, fluorine chemical industry, digital currency and other sectors in the doldrums. Overall, market sentiment cooled, individual stocks showed a general downward trend, the two markets
Market Chatter: ByteDance to Spin Off Real Estate Arm
08:02 PM EST, 11/24/2021 (MT Newswires) -- ByteDance, the parent company of Chinese video-sharing app TikTok, will spin off its real estate business Xingfuli and invite strategic shareholders for the
BRIEF-Neurophth Therapeutics Ltd - Announced Closing Of Over $60 Mln In Series-C Financing
Nov 23 (Reuters) - * NEUROPHTH THERAPEUTICS LTD - ANNOUNCED CLOSING OF OVER $60 MILLION USD IN SERIES-C FINANCING* NEUROPHTH THERAPEUTICS - SERIES-C FINANCING WITH A PREMIER SYNDICATE OF INVESTORS, CO
MicroPort Scientific's Neurovascular Unit Raises $150 Million in CICC-Backed Funding Round
06:22 AM EST, 11/11/2021 (MT Newswires) -- Microport NeuroTech got CICC (HKG:3908, SHA:601995) and private equity firm HHF Capital as investors in a funding round that raised $150 million at a post-m
China Mengniu Dairy Could Enjoy 4Q Bump From Lunar New Year Orders -- Market Talk
0653 GMT - China Mengniu Dairy could enjoy a 4Q revenue bump due to advance orders for the Lunar New Year holiday, although topline growth may be weighed as volatility in China's Covid-19 case n
Semiconductor Firm Huatian Technology Nets $789 Million From Private Placement; Shares Fall 3%
09:03 PM EST, 11/07/2021 (MT Newswires) -- Tianshui Huatian Technology (SHE:002185) has raised 5.05 billion yuan ($788.8 million) from the sale of shares in a private placement, according to a bourse
China Galaxy Securities' Q3 Net Profit Jumps Nearly 50%; Shares Rally 8% in China
11:47 PM EDT, 10/31/2021 (MT Newswires) -- China Galaxy Securities (HKG:6881, SHA:601881) logged a net profit attributable to shareholders of 3.15 billion yuan ($490 million) in the third quarter end
CICC's Profit Surges 33% in Q3 as Commission Income Jumps
11:51 PM EDT, 10/28/2021 (MT Newswires) -- China International Capital or CICC (HKG:3908, SHA:601995) said its profit rose 33% in the third quarter due to higher commission income from its brokerage
Chinese Animation Firm Alpha Group Nets $84 Million From Private Placement; Shares Fall 3%
02:04 AM EDT, 10/27/2021 (MT Newswires) -- Alpha Group (SHE:002292) raised 536.9 million yuan ($84.1 million) in net proceeds from the sale of shares via a private placement, according to a bourse fi
China Resources Cement's Profits May Be Hurt by High Coal Prices -- Market Talk
0821 GMT - China Resources Cement's profits could be squeezed by high coal prices, China Galaxy Securities International says. It notes 3Q net profit fell 47.5% on year, as high coal prices adde
App Developer DHC Nets $95 Million in Private Placement
12:54 AM EDT, 10/25/2021 (MT Newswires) -- DHC Software (SHE:002065) has raised 605.4 million yuan ($94.9 million) in net proceeds from a private share placement, according to bourse filings on Frida
CGS Raises $939 Million in Two-Tranche Renminbi Bond Sale in China
11:36 PM EDT, 10/20/2021 (MT Newswires) -- China Galaxy Securities or CGS (HKG:6881, SHA:601881) raised 6 billion yuan ($939 million) from selling renminbi bonds in China's debt market. The securitie
First Tractor's Supervisory Board Chairman Steps Down
05:13 AM EDT, 10/18/2021 (MT Newswires) -- First Tractor Company (HKG:0038, SHA:601038) said the chairman of the company's supervisory board, Wang Dongxing, has resigned from the position, effective
ZTE Corp. May Gain as 5G Infrastructure Construction Picks Up -- Market Talk
0701 GMT - ZTE Corp. could benefit as the construction of 5G-related infrastructure accelerates, China Galaxy International Securities says. The brokerage points out Chinese telecommunication op
JD.com Revenue Could Grow Amid Likely Strong Consumer-Staple, Electronics Sales -- Market Talk
0752 GMT - JD.com's 3Q and 4Q revenues could grow 22%-23% on year, China Galaxy International Securities says. While sales of discretionary consumer products like apparel and cosmetics may be we
Lenovo Shelves Shanghai IPO Plan
08:40 PM EDT, 10/10/2021 (MT Newswires) -- Lenovo Group (HKG:0992) has abandoned its plan to launch a secondary listing on the Shanghai Stock Exchange's Nasdaq-style STAR Market board, according to a
CGS Shareholders to Vote Oct. 19 on $1.7 Billion Convertible Bond Sale Proposal
05:37 AM EDT, 09/30/2021 (MT Newswires) -- Shareholders of China Galaxy Securities or CGS (HKG:6881, SHA:601881) will convene Oct. 19 to vote on the company's plan to sell bonds that are convertible
CGS Raises over $541 Million in Two-Tranche Renminbi Bond Sale in China
01:55 AM EDT, 09/29/2021 (MT Newswires) -- China Galaxy Securities, or CGS, (HKG:6881, SHA:601881) raised 3.5 billion yuan ($541.3 million) from the sale of renminbi bonds in China's debt market. The
Pork stocks rose against the trend Muyuan shares rose 7% counter-attack market opened?
On September 27, the pork plate continued to pull up. As of press time, Shunxin Agriculture, Muyuan shares, New Hope, Lihua shares, Huatong shares rose more than 7%, and other shares rose to varying degrees. On the news of the start of the second round of collection and storage, the state has launched the second round of pork collection and storage this year in order to cope with the rapid decline in pig and pork prices. A few days ago, the Chinese Merchants Reserve Commodity Management Center issued a notice that the second round of the second round of central reserve frozen pork in 2021 will be held on October 10. This time, 30,000 tons of pork will be listed and traded, compared with 20,000 tons of the first pork collection and storage auction in 2021.