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Announcement Highlights | Kuaishou's adjusted Net income in Q4 increased by 7.8% year-on-year, and the total revenue of Keliang AI exceeded 0.1 billion yuan; CHINA TELECOM will earn 33 billion yuan in net income in 2024.
CHINA TELECOM's net income in 2024 is 33 billion yuan; WULING MOTORS' net income attributable to shareholders is expected to increase by over 115% in 2024; Kuaishou's net income in 2024 is 15.335 billion yuan, an increase of 139.76% year-on-year.
Hong Kong Stock Morning Report | US stock index closed higher while Chinese concept stocks fell, Morgan Stanley raised the target point for the Hang Seng Index.
① The results of the Saudi talks between the USA, Russia, and Ukraine have been disclosed, achieving a consensus on a ceasefire in the Black Sea. ② Consumer confidence in the USA further deteriorated in March. ③ The three main US stock indices rose on Tuesday, while China Concept Stocks declined. ④ Data shows that the US stock market is in a state of "Institutions fleeing, retail investors buying heavily." ⑤ According to sources, Trump is considering implementing a two-step tariff system on April 2. ⑥ Morgan Stanley has raised the year-end target point for the Hang Seng Index.
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