Summary: - Earnings Growth as Key Driver: HSBC Global Research indicates that earnings growth will drive the next re-rating for the mainland internet industry. - Stock Selection Framework Adjustments: The broker adjusted its framework by focusing on quality of growth, valuation mismatch, and shareholder returns. Sector Preferences: - Online Games: Preferred over advertising...
$MEITUAN-W(03690.HK)$disclosed in its statement that it repurchased 4.3953 million shares of the company on the Stock Exchange of Hong Kong at $112.5-116.6 per share on 12 June, involving a total amount of about $500 million. So far, a total of 97.5878 million shares have been repurchased, accounting for 1.5634% of the company's share capital. $Meituan ADR(MPNGY.US)$
MET Futures(JUN4) Forum
$Alibaba(BABA.US)$ $BABA-SW(09988.HK)$ $PDD Holdings(PDD.US)$ $MEITUAN-W(03690.HK)$ $JD-SW(09618.HK)$ $Global X MSCI China Consumer Discretionary ETF(CHIQ.US)$
- Highly favored by US investors.
- Rated Buy or Overweight.
- Catalysts: improved gaming performance, strong advertising growth, sustained shareholder returns.
$TRIP.COM-S(09961.HK)$ $Trip.com(TCOM.US)$
- Focus on international business development for long-term growth.
- Rated Buy.
$NTES-S(09999.HK)$ $NetEase(NTES.US)$
- Bullish outlook, though less popular among investors.
- Rated...
$Hang Seng Index(800000.HK)$ opened 92 points or 0.5% lower at 17,848. $Hang Seng China Enterprises Index(800100.HK)$ opened lower by 32 points or 0.5% at 6,342. $Hang Seng TECH Index(800700.HK)$ opened 21 points or 0.6% lower at 3,686.
E-commerce platform $JD-SW(09618.HK)$ adde...
MEITUAN-W has repurchased a total of 101 million shares so far, accounting for 1.6331% of the Company's share capital.
$Meituan ADR(MPNGY.US)$ $Hang Seng Index(800000.HK)$ $KraneShares CSI China Internet ETF(KWEB.US)$
There was HKD27.6 million Southbound Trading net outflow from $SMIC(00981.HK)$ .
For $SH->HK Connect(GangGuTong.HK)$ , $BYD COMPANY(01211.HK)$ was the most active stock with highest net inflow of HKD374.5 million, while $CHINA MOBILE(00941.HK)$ was the mo...
As for dotcoms, $BABA-SW(09988.HK)$ dipped 1% at $73.75. $TENCENT(00700.HK)$ added 1% at $383.6. $MEITUAN-W(03690.HK)$ opened flat at $116.7. $JD-SW(09618.HK)$ lost 1.1%. $BILIBILI-W(09626.HK)$ ’s ADRs leaped 7.7%, and its H shares opened 4%...
- Earnings Growth as Key Driver: HSBC Global Research indicates that earnings growth will drive the next re-rating for the mainland internet industry.
- Stock Selection Framework Adjustments: The broker adjusted its framework by focusing on quality of growth, valuation mismatch, and shareholder returns.
Sector Preferences:
- Online Games: Preferred over advertising...
So far, a total of 97.5878 million shares have been repurchased, accounting for 1.5634% of the company's share capital.
$Meituan ADR(MPNGY.US)$
$Apple(AAPL.US)$ shares rose another 2.9% overnight, and mobile phone component stocks $SUNNY OPTICAL(02382.HK)$ and $BYD ELECTRONIC(00285.HK)$ opened 1...
$Meituan ADR(MPNGY.US)$ $Meituan(ADR)(MPNGF.US)$
No comment yet