Report: Xiaomi Group plans to allocate shares in a way that replaces old ones with new ones, raising up to 5.3 billion dollars.

Xiaomi plans to place 0.75 billion shares at a price of HKD 52.80-54.60 per share, representing a discount of 4.2% to 7.4% compared to its latest closing price in Hong Kong. Lei Jun stated in 2021 that the company plans to invest 10 billion USD in the electric vehicle sector over the next decade.

wallstreetcnMar 24 05:43 ET

The Chinese market is booming! Three bullish factors have led to a fundamental shift in the views of global investors.

① The Chinese market has recently attracted a large number of overseas investors due to DeepSeek and government stimulus measures, driving market activity; ② Data shows that the total issuance amount of stocks by Chinese companies in the first quarter reached 16.8 billion USD, a year-on-year increase of 118%; ③ Investment bankers point out that favorable policies, innovation, and appropriate valuations will continue to attract overseas investors, and the global perspective on the Chinese market has undergone a fundamental change.

cls.cnMar 24 05:01 ET

Foreign investors are optimistic about China Stocks: there is definitely still room for growth!

On March 24, the Milken Institute Global Investors Conference was held in Hong Kong, where several investors believed that Stocks in China have more room for growth; Oliver Weisberg, CEO of Blue Pool Capital, stated that foreign investors have increased their investments in Hong Kong, and the Hong Kong stock market is expected to return to its rightful position.

cls.cnMar 24 04:18 ET

Express News | Jack Ma-backed, Ant Group Co., utilized semiconductors manufactured in China to create methods for training AI models, resulting in a 20% reduction in costs, according to sources (Bloomberg)

Moomoo 24/7Mar 24 02:45 ET

The market continues to shrink and adjust, raising concerns about a retreat in the Siasun Robot&Automation Sector. Can the deep-sea Technology Concept hold the flag and launch a counterattack?

Track the entire lifecycle of the main Sector.

cls.cnMar 23 21:22 ET

Hong Kong Stock Morning Report｜Our country will implement comprehensive measures to expand consumption. Most China Concept Stocks are down.

1. The country will implement comprehensive measures to expand consumption; the new policy on consumer loans allows for the personal consumption loan self-payment cap to be increased from 0.3 million yuan to 0.5 million yuan in stages. 2. Trump and the U.S. Secretary of Defense made speeches stating that Russia and Ukraine will soon achieve a complete ceasefire. 3. The three major U.S. stock indices rose last Friday, while most China Concept Stocks declined. 4. Speculative traders have shifted to Put the dollar for the first time since Trump's victory.

cls.cnMar 23 18:56 ET