For techs, $BABA-W (09988.HK)$ and $TENCENT (00700.HK)$ picked up 0.3% and 0.1%, while $MEITUAN-W (03690.HK)$ and $NTES-S (09999.HK)$ hiked 1.2% and 1.7%. $XIAOMI-W (01810.HK)$ , $JD-SW (09618.HK)$ leaped 1.9-2.5%, while $BILIBILI-W (09626.HK)$ elevated 2.9%. $NEW ORIENTAL-S (09901.HK)$ added 0.3% after declaring a special dividend of US$6 cents per common share.

$SCHOLAR EDU (01769.HK)$ textbook ☕️ pattern bo…missed the fun in 🇭🇰 market (still a hard penny market )

DJIA rebounded 294 points or 0.8% last night after a pause in JPY carry trade unwinding, and Hong Kong stocks opened higher in the morning. $Hang Seng Index (800000.HK)$  opened 37 points or 0.2% higher at 16,684, while $Hang Seng China Enterprises Index (800100.HK)$ opened 16 points or 0.3% higher at 5,868. $Hang Seng TECH Index (800700.HK)$ opened 19 points or 0.6% higher at 3,361.
$NEW ORIENTAL-S (09901.HK)$ increased buyback to USD700 million and p...

Recession fears dominated global markets, triggering a "Black Monday." $Dow Jones Industrial Average (.DJI.US)$ dropped nearly 1,240 points or 3.1% at the open and widened to over 1,000 points by the close. $S&P 500 Index (.SPX.US)$fell as much as 4.2%, $Nasdaq Composite Index (.IXIC.US)$plunged 6.4%, and $Russell 2000 Index (.RUT.US)$dropped 5.5%. The S&P and Dow saw their steepest declines in two years, with major indices marking their worst three-day drop since June 2022. The "fear index" $CBOE Volatility S&P 500 Index (.VIX.US)$surged 181...

Support the development of E-Sports, social e-commerce, and live e-commerce. $TENCENT (00700.HK)$ $Tencent (TCEHY.US)$ $NetEase (NTES.US)$ $NTES-S (09999.HK)$ $BABA-W (09988.HK)$ $Alibaba (BABA.US)$ $JD-SW (09618.HK)$ $JD.com (JD.US)$
Improve the quality of online literature, performances, and online games, and deepen the governance of complex TV charges.
Enco...

Top 5 Strongest Constituents of the HSTECH in 1H24:
Stock│Change in Share Price this Year
$MEITUAN-W (03690.HK)$  │+35.7%
$BILIBILI-W (09626.HK)$  │+35.6%
$TRIP.COM-S (09961.HK)$  │+34.9%
$TENCENT (00700.HK)$   │+26.8%
$HAIER SMARTHOME (06690.HK)$  │+18.4%
Top 5 Weakest Constituents of the HSTECH in 1H24:
$EAST BUY (01797.HK)$   │-54.6%
$NIO-SW (09866.HK)$    │-53.7%
$LI AUTO-W (02015.HK)$   │-52.2%
$XPENG-W (09868.HK)$  │-47.9%
$JD HEALTH (06618.HK)$   │-45.7%...

Hong Kong stocks opened higher in the morning, with $Hang Seng Index (800000.HK)$ opening 74 points or 0.4% higher at 17,079. $Hang Seng China Enterprises Index (800100.HK)$ opened 33 points or 0.6% higher at 6,050. $Hang Seng TECH Index (800700.HK)$ opened 22 points or 0.7% higher at 3,443.
$EAST BUY (01797.HK)$ shares opened cratering 15% at $10.54 after Dong Yuhui quit the company and the company announced its intention to buy back up to RMB500 million ...

East Buy, the e-commerce platform of Chinese private tutoring giant New Oriental Education, tumbles by 15% in Hong Kong on Friday. New Oriental drops 7.8% after a 5% fall in.
$NEW ORIENTAL-S (09901.HK)$ $New Oriental (EDU.US)$ $EAST BUY (01797.HK)$
China’s top e-commerce influencer Dong Yuhui departs East Buy to pursue his venture. East Buy CEO Michael Yu Minhong said he will make arrangements for Dong Yuhui to obtain his namesake venture, Time with Yuhui, for free.

$EAST BUY (01797.HK)$
Premium membership is expected to be fully launched in October. Upon completion, EAST BUY will be the first live broadcast organization to pioneer premium membership. 
It was reported that EAST BUY premium membership priced at RMB199 per year, with exclusive rights including 12% discount on hundreds of self-operated products, etc.. As such, premium members are expected to save up to RMB12,000 a year. 
$New Oriental (EDU.US)$ $NEW ORIENTAL-S (09901.HK)$ $SCHOLAR EDU (01769.HK)$ $TAL Education (TAL.US)$ $Mainland Education (BK2124)$ $Online Education (BK1193)$

$Online Education (BK1193)$ $New Oriental (EDU.US)$ $NEW ORIENTAL-S (09901.HK)$
Despite Daiwa recently raising its target price to $41, the share price of $EAST BUY (01797.HK)$ tumbled for the sixth day from its peak in more than five months and slumped below the 250MA today.
The stock last stood at $36.1, eroding by 5% and becoming the worst-performing $Hang Seng TECH Index (800700.HK)$ constituent stock. The trading volume was merely 9.78 million shares, w...