Macquarie's latest report on XIAOMI highlights a resurgence in growth, with founder Lei Jun aiming for 100,000 SU7 unit sales and positive gross profit margin (GPM) this year. The analysis underscores Xiaomi's expansion into electric vehicles (EVs) and retail stores, projecting a 21% sales CAGR over three years. Macquarie maintains an Outperform rating, with a revised target price of $31.24, and inclusion in the Asia Marquee Buy list. Ma...
Posted various analysis and videos on$Hang Seng Index(800000.HK)$And$Hang Seng TECH Index(800700.HK)$including my bullish views on$Lion-OCBC Sec HSTECH S(HST.SG)$. Recently, the Hong Kong stock market has been doing well. It has shown even more bullish signs. Watch the video on why this 5-month pattern for HSI is an important confirmation signal. Follow me for fresher insights. Why a Longer Inverted Head and Shoulders Might Signal a Stron...
Hong Kong stocks rallied significantly, led by technology stocks.$Hang Seng Index(800000.HK)$once hiked 473 points to a 5-month high of 17,758 in the afternoon, and closed lifting 366 points or 2.1% at 17,651.$Hang Seng China Enterprises Index(800100.HK)$escalated 149 points or 2.4% to close at 6,269.$Hang Seng TECH Index(800700.HK)$surged 163 points or 4.6% to close at 3,718. Total turnover for the whole day was $157.242 billion, the highest in th...
TENCENT's international games recovery seems to have been overlooked by investors, UBS said in a research report, citing industry data that said Supercell, a Finnish mobile game company that TENCENT acquired earlier this year, was expected to resume growth in 1Q24, with revenues expected to spike as much as 82%. As Supercell contributed approximately 10% of TENCENT's game revenue, it was expected to directly benefit TENCENT's growth...
ByteDance, the owner of TikTok, would opt to shut down the app rather than sell it if legal avenues to challenge US legislation banning the platform are exhausted, according to four sources familiar with the matter.$ByteDance(FT0001)$$Bytedance Concept Stocks(BK1266.HK)$ The algorithms integral to TikTok's operations are considered essential to ByteDance's overall functions, making a sale of the app with these...
HTI Futures(MAY4) Forum
Bitcoin ETFs started trading in Hong Kong
Harvest Bitcoin ETF +2.85%.
Bosera HashKey Bitcoin ETF +2.66%.
$ChinaAMC Bitcoin ETF(03042.HK)$$Bitcoin(BTC.CC)$$Dogecoin(DOGE.CC)$$Ethereum(ETH.CC)$$Coinbase(COIN.US)$$Hang Seng TECH Index(800700.HK)$$KraneShares CSI China Internet ETF(KWEB.US)$
HSI Opens 96 pts Higher as Techs Boom
For techs, $BABA-SW(09988.HK)$ , $TENCENT(00700.HK)$ , $MEITUAN-W(03690.HK)$ , $XIAOMI-W(01810.HK)$ and $NTES-S(09999.HK)$ gained 0.6-1.3%, while $JD-SW(09618.HK)$ slipped 0.8%. $BIDU-SW(09888.HK)$ and $SENSETIME-W(00020.HK)$ slipped 0...
Macquarie Ups XIAOMI Target to $31.24 Amid Growth Surge
The analysis underscores Xiaomi's expansion into electric vehicles (EVs) and retail stores, projecting a 21% sales CAGR over three years. Macquarie maintains an Outperform rating, with a revised target price of $31.24, and inclusion in the Asia Marquee Buy list.
Ma...
BABA's Fliggy Clinches Tour Product Collaboration with Heytea
The Tour's destination would be Anxi, Fujian, and include tea plantation visits, tea plucking and tea-making experiences, and new tea tasting. This is the first time that a new tea beverage brand and a travel platform have collaborated on a tour product.
$ALIBABA GROUP HOLDING LTD(BABAF.US)$$Alibaba(BABA.US)$$BABA-SW(09988.HK)$$Hang Seng TECH Index(800700.HK)$$China Concept Stocks(BK2517.US)$
Hang Seng Index has finally reversed in 2024!!
Recently, the Hong Kong stock market has been doing well.
It has shown even more bullish signs.
Watch the video on why this 5-month pattern for HSI is an important confirmation signal.
Follow me for fresher insights.
Why a Longer Inverted Head and Shoulders Might Signal a Stron...
HSI Gains 86 Pts; AIA Mounts 7%
$AIA(01299.HK)$ , with its 1Q VONB up 27% YoY on AER and share buyback program up US$2 billion, open 7.4% higher at $58. $CHINA LIFE(02628.HK)$ added 1.6% at $10.46 after 1Q net profit ebbed 9%. $BANKCOMM(03328.HK)$ , reporting 1Q net profit hike...
HSI Closes Rallying 366 pts, as Techs Rise; SENSETIME Skyrockets 43%
UBS Raises TENCENT TP to $438; Overseas Game Recovery Overlooked
Tencent & Toyota Collaborate on Advanced Automotive Tech
$TENCENT(00700.HK)$$Tencent(TCEHY.US)$$Toyota Motor(TM.US)$$China Concept Stocks(BK2517.US)$$Hang Seng TECH Index(800700.HK)$
ByteDance Prefers TikTok Shutdown Over Forced Sale in US, Sources Say
The algorithms integral to TikTok's operations are considered essential to ByteDance's overall functions, making a sale of the app with these...
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