Brokerage Focus: CMB International points out that China's internet-related performance in the first quarter as well as industry performance are in line with expectations. Pay attention to three main lines when selecting stocks.

Zhaojin Financial News | CICC International stated that in the review of the performance and industry 1Q24 results of China's Internet sector since the beginning of the year, the Internet sector has retreated to some extent after a relatively rapid rise under the boost of emotional improvement and short-term capital inflows, which is in line with the bank's previous expectations. From the perspective of stock selection throughout the year, with the interest rate cut trading not yet trending, and with liquidity still tight, the bank recommends selecting stocks around three main lines:

金吾財訊Jun 19 02:35 ET

In May, Hong Kong Tourism Board received 3.3985 million visitors, an increase of 20.2% year-on-year.

A total of 18.0186 million visitors visited Hong Kong in the first five months, a year-on-year increase of 77.8%.

Zhitong FinanceJun 17 01:49 ET

Daiwa Securities rating: Tencent and Ctrip are preferred for Chinese internet stocks, bullish on Netease, PDD Holdings, Meituan and KE Holdings.

Daiwa has released a research report stating that they have recently met with many investors in the United States who are focusing on investing in the Asian market. After consolidation, the bank found that American investors generally have a bullish outlook on Tencent, with most giving a "buy" or "shareholding" rating, and they expected more catalysts to push its stock price further ahead of the market, such as improvement in gaming business performance, strong growth in advertising business and ongoing shareholder returns. Investors are also bullish on PDD Holdings, with a unanimous buy rating, and also tend to choose Ctrip, Ke Holdings, and Meituan. Daiwa pointed out that Ctrip's international business development seems to have not been recognized by investors, while

Gelonghui FinanceJun 14 04:25 ET

Trip.com Group Completes $1.5 Billion Convertible Senior Bond Issuance

Trip.com Group (HKG:9961) completed the issuance of $1.5 billion convertible senior bonds due in 2029, according to a Monday filing on the Hong Kong bourse. These include the initial purchasers' full

MT NewswiresJun 11 05:00 ET

Ctrip Group-S has completed the issuance of $1.5 billion principal in cash-settled convertible preferred notes.

Ctrip Group-S (09961) announced the completion of the sale of a total principal amount of $1.5 billion convertible preferred notes due in 2029, including initial buyers exercising their option to purchase an additional $200 million in principal. The notes were sold to qualified institutional buyers under Rule 144A of the Securities Act of 1933, as amended. The notes will be the general unsecured debt of the company and will bear interest at an annual rate of 0.75%, payable semi-annually on June 15 and December 15 of each year, starting on December 15, 2024. The notes will be due on June 15, 2029.

新浪港股Jun 10 19:21 ET

Hong Kong stock news | Zheshang Securities acquires an additional 7.4159% equity of Guodu Securities for about 1.135 billion yuan. Sunny Optical's mobile phone lens shipments in May increased by 9.6% year-on-year.

In May, Sunny Optical Technology (02382) shipped approximately 104 million mobile phone lenses, an increase of 1.8% compared to the previous month and 9.6% year-on-year.

Zhitong FinanceJun 10 07:57 ET