1.3550.00% ( 0.000 )
Delay Closed: Nov 13, 16:08:17News
Goodbaby International soared 23% on chairman's privatization offer
HK Stock Market Update·HSI Opens Up 44 Pts; TENCENT Gains 1%; GOODBABY INTL Surges Nearly 15% on Chairman's Privatization Proposal
AASTOCKS News·- Driven by overnight gains in US markets, the HSI opened higher by 44 points at 24,554, with major tech stocks showing mixed performance. - GOODBABY INTL surged nearly 15% following its chairman's proposal for privatization at a 39% premium. - NIO-SW advanced 1.07% after partnering with Geely Holding on battery swapping and charging businesses, valuing NIO Energy at 16 billion RMB.The Week Ahead: Micron's AI Memory Test; STI at 5,711.12
The Week·- Micron Technology and Accenture are releasing earnings reports this week, providing key insights into artificial intelligence memory demand and corporate consulting investments. - Mainland China's National Day holiday leads to the closure of Stock Connect and a suspension of southbound trading, while travel consumption and corporate developments remain in focus. - Macroeconomic releases include China's September PMI and critical US economic data such as core PCE and non-farm payrolls, alongside geopolitical and commodity monitoring.The "Leftover" Game of HK Stocks: Who's Swimming Naked and Who's Actually Making Money?
Global Report·- The author argues that many Hong Kong stocks rely on old stories and lack clear main-line logic during market recoveries, requiring investors to carefully distinguish cash-generating assets from cash-burning ones. - Factual evidence shows that companies like Sichuan Expressway generated 4.887 billion yuan in revenue with a 12.55 percent year-on-year increase in the first half, and Yidu Technology achieved its first full-year profit exceeding 55 million yuan in fiscal year 2026. - In contrast, firms like J&T Express face intense competition, and Morimatsu International experienced a revenue decline of about 4.3 percent with losses exceeding 140 million yuan.
