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Spot USD/CNY Soars 465 bps to Close at 6.8718, Notching New High since Feb 27
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<Research>Ratings & TPs on TENCENT (Table)
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<Full-day Takeaway>HSI Up 551 pts; HSTI Up 118 pts; TENCENT Up over 7%; BABA Up over 3%; XUNCE, HAIXI PHARMA, AB&B BIO-TECH-B, JIAXIN INTL RES, LINGBAOGOLD-100 Hit New Highs; Market Turnover Rises
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<Research>Citi Forecasts for TENCENT's 4Q25 Results (Table)
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<Commodity>Saudi Aramco CEO: If Shipping Through Strait of Hormuz Remains Blocked, Oil Mkt to Face Catastrophic Consequences
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<Foresight>Brokers Estimate TENCENT's 4Q25 Adj. NP to Have Soared 16%+; Focus on AI Strategy & Capital Expenditure Plans
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TENCENT: AI Assistant QClaw Undergoing Internal Testing, Supports Remote Control via WeChat
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White House Advisers Privately Suggest Exit Plan for Iran War as Oil Price Shock Kicks In: Report
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Tencent Hunyuan Open-Sources 1st Reinforced Learning Post-training Framework for World Models
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<Research>HSBC Research Favors HKEX/ BOC HONG KONG, Confident in Long-Term Capital Inflows to Southbound Connect Equities
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<Research>Jefferies Adds CATL TP to $689, Raises Earnings Forecasts as 2025 Results Far Beat
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CX: Pax./ Cargo Flights to/ from Dubai/ Riyadh Extended Cancellation Until Mar 31
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<Research>HSBC Research Expects MO Mar GGR to Be Max. MOP22.4B, Keeps Ratings at Buy on SANDS CHINA LTD/ GALAXY ENT/ MGM CHINA
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<Results>Saudi Aramco's Profit Sags 12% in 2025, Missing Forecast, w/ USD3B Shr Buyback Plan
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OPPO, OnePlus to Adjust Prices for Some Phones; Xiaomi Customer Service Says No Notice of Price Tweaks Received
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<Research>CICC: Oil Prices Surge Amid Middle East Conflict; Short-Term Liquidity Crisis Heaps Selling Pressure on US Assets
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Iran: Oil Exports Blocked Until Attacks Cease; No Further Negotiations with US
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<Research>HSBC Research Trims Rev. Forecast for BOSIDENG on Warm Winter, Cuts TP to HKD5.7
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MINIMAX-WP Soars 20% to New High HKD1,228 After Midday
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WHARF REIC Leaps 4%+ as 2025 Underlying NP Hikes 5% w/ Higher Div.
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