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Express News | Weibo Corp : BofA Global Research Cuts Price Objective to $8.30 From $8.60
Express News | Weibo Corp : Jefferies Cuts Target Price to $10.2 From $10.8
Alibaba will complete its dual primary listing on August 28th.
1. Market News 1. The Hong Kong Monetary Authority and the Dubai Financial Services Authority will co-host a climate conference next month. The Hong Kong Monetary Authority and the Dubai Financial Services Authority (Dubai FSA) announced today that they will jointly hold the first joint Climate Finance Conference in Hong Kong on September 16. The conference will be held online and offline simultaneously. This conference is an important initiative to promote the deepening cooperation in sustainable finance between Hong Kong and Dubai. 2. Macau: Retail trade sales in the first half of the year amounted to 36.85 billion Macau patacas, 96% of the level in the same period of 2019. Data from the Macau Statistics and Census Service show that retail trade sales in the first half of the year amounted to 36.85 billion Macau patacas.
Guanglun Hui Bulletin Selection (Hong Kong stocks) | Baidu Group-SW (09888.HK) second quarter total revenue reached 33.9 billion yuan, non-online marketing revenue increased by 10% year-on-year.
【Today's Focus】Baidu Group-SW (09888.HK) reported total revenue of 33.9 billion yuan in the second quarter, with a 10% year-on-year increase in non-online marketing revenue. Baidu Group-SW (09888.HK) announced its second quarter performance for 2024, with total revenue of 33.9 billion yuan, roughly flat compared to last year; Baidu's core revenue was 26.7 billion yuan, a 1% year-on-year increase; online marketing revenue was 19.2 billion yuan, a 2% year-on-year decrease, and non-online marketing revenue was 7.5 billion yuan, a 10% year-on-year increase, mainly driven by the asia vets cloud business.
Hong Kong stock announcement: Netease-S second quarter gross profit was 16.042 billion yuan, a year-on-year increase of 11.6%. Multiple highly anticipated new Netease games made their debut on the leading game platform globally.
Netease-S (09999) released its second-quarter performance, with a gross profit of 16.042 billion yuan, an increase of 11.6% year-on-year. Multiple highly anticipated new games from NetEase made their debut on the global leading game platform; Bilibili-W (09626) achieved a gross profit of 1.833 billion yuan in the second quarter, a year-on-year increase of 49%, and achieved a continuous improvement in gross margin for the eighth consecutive quarter...
Express News | U.S.-Listed Shares of Weibo up 1.9% Premarket After Higher Q2 Profit