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<Research> CICC: Dongpeng Beverage 4Q Net Profit Misses; Cuts TP to RMB273
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<Research> CICC Cuts China Tourism Group Duty Free TP to HKD95; 4Q Last Year Results In Line
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<H Shrs>HSI Closes Down 177 pts; Alibaba and Xiaomi Weak; Auto Stocks Generally Rally
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<Research>Haitong Int'l: NONGFU SPRING Shows Resilience Amid Competition; TP Added to HKD59.8
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<Research> CICC Cuts SF Intra-city TP to HKD17.8; 2025 Results In Line
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CMBI Cuts SANY International TP to HKD19.5, Maintains Buy
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S Korea President: Economy in "Wartime Livelihood" State, Urges Swift Passage of Supplementary Budget
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<Research> CMBI Cuts MEIDONG AUTO TP to HKD2.2, Maintains Buy Rating
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<Full-day Takeaway>HSI Closes at 25,116, Down 177 pts; HSTI Closes at 4,679, Down 77 pts; XIAOMI Down over 3%; BABA Down over 3%; GEELY AUTO, WH GROUP, ICBC, BANK OF CHINA, GOFINTECH QUANT Hit New Highs; Market Turnover Rises
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US Govt Reportedly Views US$100/ Barrel & Above as 'Baseline' for Oil Prices
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SK Hynix Leveraged ETF Gulps USD1.56B in 1Q, Exceling Tesla/ Microsoft; Time Gap Between HK and SK Mkts Entails Arbitrage Opportunities
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<Research> Jefferies Raises COSCO Shipping Energy TP to HKD24.6, Reiterates Buy
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Memory Chip Stocks in S Korea Still Cheap After Outperforming 96% of Peers Over Past Three Years, Poised to Benefit if Middle East Tensions Ease
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China Ministry of Commerce: Further Leverage China-US Economic and Trade Consultation Mechanism, Strengthen Dialogue and Communication
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<Econ> Switzerland Mar CPI Rises 0.3% YoY, Below Forecast; CHF Falls 0.6%
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Henderson Land South Crest in Kowloon City Adds 28 Units, From HKD6.3M, to Launch 22 Units Next Mon
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<Commodity>Brent Oil Futures Last Swell ~7% as Mideast Tensions Escalate Again
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<Research>JPM Ratings, TPs on CN Banks (Table)
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<Research> CLSA Cuts Kingsoft Corporation TP to HKD29.1; Game Business Faces Transformation in 2026
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HSI Downswing Deepens to ~400 pts after Midday, Bottoms at 24,900 Level
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