Tencent, NetEase Shares Could Benefit From Success of New Games -- Market Talk

WSJ22:59 ET

Tencent Will Continue to Focus on Producing High Quality Content in 2025 -- Market Talk

WSJ22:54 ET

Announcement Highlights | Wanwu Cloud acquires 100% equity of Zhongzhou Property; UBTECH executives commit not to reduce their Shareholding within 12 months.

C&D INTL GROUP: The cumulative contract sales amount for 2024 is about 103.36 billion yuan, a year-on-year decrease of about 25.1%; SHIMAO SERVICES plans to acquire 33% of Shenzhen Shilu Yuan Environmental for 83.159 million yuan for full ownership.

cls.cn19:44 ET

【Special Contributor】Guo Jiayao: The market has not made any breakthroughs, and the Index continues to hover between the levels of 19,200 and 20,200 points.

Gold News | US stocks performed well last Friday, driven by better-than-expected manufacturing data, leading to a market rebound. The Index opened high and continued to rise, with all three major indices recording significant gains at closing. The dollar experienced a Top Reversal, and the yield on the ten-year US bond rose to 4.60%. Gold prices saw a pullback, while oil prices moved positively. Hong Kong stocks' pre-market securities were generally favorable, and it is expected that the market will follow the high opening in the early session. The mainland stock market declined last Friday, the Shanghai Composite Index opened high but trended downward, closing down 1.6%, and the transaction volume in the Shanghai and Shenzhen markets decreased. The Hong Kong stock market had a poor start on the first trading day of 2025, rebounding from a low point, but the Index remains constrained by the 20,000-point level.

King Wu Financial News19:15 ET

CITIC SEC: The stockpiling of snacks for the Spring Festival is good, pay attention to the benefits of the WeChat Small Store channel.

Recent channel feedback indicates that the demand for snacks stocking up for the Spring Festival is better than that of Other snack categories. It is expected that the demand for snacks as gifts during the Spring Festival in 2025 may see good growth.

Zhitong FinanceJan 5 06:26 ET

Gelonghui Announcement Highlights (Hong Kong Stocks) | Wanwuyun (02602.HK) plans to acquire 100% of Zhongzhou Property for 0.227 billion yuan.

[Today's Focus] Wanwu Cloud (02602.HK) plans to acquire 100% equity of Zhongzhou Property for 0.227 billion yuan. Wanwu Cloud (02602.HK) announced that on December 31, 2024, the company's wholly-owned subsidiary, Shenzhen Yuying Property Service Co., Ltd. (as the buyer), signed an Equity Transfer Agreement with an independent third party, Shenzhen Zhongzhou Investment Holdings Co., Ltd. (as the seller). According to this agreement, the company will purchase 100% equity of Shenzhen Zhongzhou Property Management Co., Ltd. (Zhongzhou Property) from Zhongzhou Investment for 226.95 million yuan. The Equity Transfer Agreement was approved by the seller's Board of Directors on January 2025.

Gelonghui FinanceJan 3 09:59 ET