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Morgan Stanley released a China equity strategy report rating the MSCI China Index at Equalweight among the world's emerging markets. Morgan Stanley expected a range-bound for the index in 2H24, and kept the HSI base case target at 19,150 for June 2025, equivalent to a projected PE ratio of 9x.Morgan Stanley said that there ...
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LENOVO GROUP (00992.HK) received a US$2 billion strategic investment from Alat, a wholly-owned subsidiary of Saudi Arabia's Public Investment Fund (PIF), which is expected to further unleash the growth potential of the Middle East and Africa region, CICC released a research report saying.The strategic cooperation and the inv...
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Hong Kong stocks fell, with the HSI dropping 344 points or 1.8% to close at 18,477. HSCEI lowered 128 points or 1.9% to close at 6,557 points. HSTECH fell 89 points or 2.3% to close at 3,765. Total turnover for the day was $123.193 billion.For techs, BABA-SW (09988.HK) declined 3.5% to $76.8, TENCENT (00700.HK) tumbled 2.4% to $...
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At midday close, the HSI slid 289 pts or 1.5% to 18,531; the HSCEI fell 104 pts or 1.6% to 6,581; and the HSTECH sank 72 pts or 1.9% to 3,781. Half-day turnover totaled $61.596 billion.For techs, BABA-SW (09988.HK) plunged 3.7% to $76.6. TENCENT (00700.HK) faded 1.2% to $375.6. MEITUAN-W (03690.HK), JD-SW (09618.HK) and JD HEALT...
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LENOVO GROUP-R(80992.HK) appears an upside range breakout. Last printed at 10.820; fell 1.277%; on volume of 1.21M shares and turnover of $12.96MRecent PerformanceIn 3 days: +5.458%In 5 days: +1.883%In 10 days: +14.015%Recent transaction volume statistics:Volume of last trading day: 766.00K sharesAverage volume over the past 5 d...
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