Weekly Recap | SMIC -3.43%, consensus target above spot
Weekly Review·- Semiconductor Manufacturing International Corporation fell 3.43% this week to close at 63.35 HKD, underperforming the Hang Seng Index by about 1.3 percentage points. - Among 24 covered institutions, the consensus rating remains a buy with a consensus target price of 94.66 HKD, representing a potential upside of about 49.4%. - The stock currently trades near the lower bound of its 60-day range, with market focus turning to whether the semiconductor sector can reverse its recent downward trend.Weekly Recap | MEITUAN -3.18%, consensus target above spot
Weekly Review·- This week, Meituan-W closed at 71.65 HKD, recording a cumulative weekly decline of 3.18% and underperforming the Hang Seng Index by 1.05 percentage points on shrinking trading volume. - Corporate developments during the week involved regulatory cooperation regarding travel operations alongside business expansions such as drone routes and AI product launches. - A total of 38 institutions maintained a consensus buy rating with an average target price of 110.57 HKD, reflecting significant divergence in valuation perspectives amid low stock prices.BYD to launch Da Han sedan on October 13 with up to 1,008 km of EV range
CnEVPost·- BYD announced that its flagship Da Han sedan will officially launch on October 13, following pre-sales that began on August 21 with prices ranging from 249,900 yuan to 299,900 yuan. - The battery-electric versions offer a CLTC range of up to 1,008 kilometers, while a plug-in hybrid variant is also expected to be offered. - Positioned above the existing Han, the new model expands BYD's Dynasty lineup to target the premium automotive market.HSI Down 417 pts; HSTI Down 93 pts; XIAOMI Down over 3%
AASTOCKS News·- At the midday close, the Hang Seng Index dropped 417 pts or 1.7% to 24,343, while the Hang Seng Tech Index fell 93 pts or 2.1% to 4,267. - Active heavyweights experienced widespread declines, with XIAOMI falling 3.5% to $25.64 and BABA decreasing 2.5% to $107.3. - Various market constituents also recorded losses, including WEICHAI POWER dropping 5.1% and HORIZONROBOT-W declining 5%.Bilibili Inc. to Hold Extraordinary General Meeting on October 28, 2026 | BILI Stock News
StockTitan·- Bilibili Inc. announced it will hold an extraordinary general meeting in Shanghai on October 28, 2026. - Shareholders will vote on the proposed share repurchase agreement with Tencent subsidiaries for 13,591,090 Class Z ordinary shares valued at US$ 200 million and a related US$ 200 million convertible notes subscription. - Both transactions are inter-conditional and require requisite shareholder approval to proceed.