Meituan-W rose more than 4% in the afternoon, reaching a strategic cooperation agreement with Midea Group Co., Ltd.

Meituan-W (03690) rose by 4.20% in the afternoon and is currently trading at HKD 106.70, with a turnover of HKD 1.908 billion.

新浪港股01:04 ET

Hong Kong stock abnormality | Meituan-W (03690) rose more than 3%, reaching a strategic cooperation with Midea Group. 0.025 million Midea retail stores will settle in Meituan.

Meituan-W (03690) rose more than 3%, as of writing, up 3.61% to HKD 106.10, with a turnover of HKD 1.678 billion.

Zhitong Finance23:23 ET

Tencent's research and development expenses in the second quarter were RMB 17.3 billion, with R&D investment exceeding RMB 300 billion over six years.

On the afternoon of August 14th, Tencent released its Q2 2024 financial report, with a total revenue of 161.1 billion yuan for the quarter, an increase of 8% year-on-year. Among them, enterprise service business revenue achieved a double-digit growth rate, benefiting from the growth of cloud computing service revenue (including the commercialization of enterprise WeChat) and the growth of technical service fees for video account merchants. The financial report shows that Tencent's Q2 R&D expenses amounted to 17.277 billion yuan, and its R&D investment has exceeded 302.609 billion yuan in the six years since 2018, continuously strengthening its core technology self-research and improving product competitiveness. Based on the top domestic basic model “Tencent He Yuan”, Tencent

新浪科技Aug 14 05:01 ET

RS Macalline and China Cinda and Cinda Capital have entered into a transaction agreement for the partnership enterprise transaction.

RS Macalline (01528) announced that on August 6, 2024, the board of directors approved the signing of the transaction documents between the company and its subsidiaries (i.e. Shanghai Xingkai) and China Cinda and Cinda Capital regarding the joint venture transaction. Shanghai Xingkai, China Cinda and Cinda Capital hold 61.49%, 38.43% and 0.08% partnership interests in Tianjin Xinmei, respectively. Tianjin Xinmei will establish an SPV to complete the proposed transaction, namely SPV will acquire all the equity of Yantai Red Star for a consideration of RMB 0.98 billion. SPV will also provide a loan of RMB 1.3 billion to Yantai Red Star to repay its debt.

新浪港股Aug 6 19:04 ET

Midea Group Co., Ltd.'s (SZSE:000333) Share Price Is Matching Sentiment Around Its Earnings

Simply Wall StAug 4 20:46 ET

Galaxy Securities: The prosperity of the household appliance industry is expected to continue to recover, focusing on three investment themes.

The central government will allocate around 300 billion yuan of special funds for ultra-long-term national bonds to encourage trade-ins for new vehicles.

Zhitong FinanceJul 30 08:23 ET