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CN State Administration for Market Regulation: Focus on Preventing 'Involution' Competition in Key Industries such as Platform Economy, Photovoltaics, Lithium Batteries, and New Energy Vehicles
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SHENZHOU INTL Slips 5%+ as 2025 Profit Sags 6.7%, Final DPS Reduced
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<Asia> Asia-Pacific Markets Mostly Decline; Japanese and South Korean Markets See Significant Drops; Australian Bank Stocks Under Pressure
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Stanchart's CIO of North Asia, Raymond Cheng: Base Case Scenario Assumes 70% Chance of Oil Price Peaking in Wks; HSI May Rebound to 28,000-29,000 in 12 Mths
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<Research> G Sachs Lowers TP for MSCI China Index and CSI 300 Index by 5% and 4%, Still Recommends Overweight on A Shares and H Shares
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<Research> Nomura Raises TP for HAIDILAO to HKD18.4, Expects Multiple Positive Factors This Year
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<Research>Nomura Chops MEITUAN-W TP to $92 as Competitive Landscape Remains Unclear
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<Research>HSBC Research Lowers TP of CHINA LIFE to HKD26 Due to Limited Earnings Visibility
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<Research> UBS Lowers TP of CHINA BIOPHARMACEUTICAL to HKD11, Rating 'Buy'
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<Research> Jefferies Lowers TP of CHINA MENGNIU DAIRY to HKD22.6, Downgrades Earnings Forecast
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<H Shrs>HSI Narrows Loss to 224 Pts at Midday; BYD Rebounds; AI Stocks Boom
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<Research>Jefferies: MEITUAN-W Core Local Commerce Fundamentals Improving; Rating Buy
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<Research>Citi Raises CITIC's TP to HKD13.4; 2025 Results Slightly Beat
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<Research>HTSC Chops CHINA MOBILE TP to $94.4, Keeps Buy Rating
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<Research> BofAS Lowers TP for CSPC Pharmaceutical to HKD7.4, Raises Gross Margin Forecast, Reiterates 'Buy'
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<Midday Takeaway>HSI Closes Midday at 24,727, Down 224 pts; HSTI Closes Midday at 4,698, Down 79 pts; XPENG Down over 4%; XUNCE Hit New Highs
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<Research>HSBC Research Lowers TP for CHINA MOBILE to HKD95, Maintains Buy Rating
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<Research>BofAS Reiterates Underperform on CM BANK, Reduces TP to HKD49.8
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<Results> DAH SING BANKING GROUP Full-Year Net Profit Rises 20.2% to HKD2.476 Billion; Final Dividend HKD0.49
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<Results> DAH SING FINANCIAL Last Year's Net Profit Rises 22.9% to HKD2.057 Billion; Final Dividend of HKD1.42 Declared
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