Deng Shengxing, a special V, said that the mainland's second quarter economic growth was worse than expected and that Hong Kong stocks were unable to rise.

CCTV finance news | The Hang Seng Index closed at 18,015 on Monday (15th), down 277 points or 1.52%. The city's total trading volume was HKD 91.1 billion. The national index fell 1.7% to 6,421; the technology index fell 2.9% to 3,672. Blue-chip stocks were under pressure, with China Construction Bank (00939) down 0.7%; Ping An Insurance (02318) reported a 5% increase in premium income in the first half of the year, but its stock price fell 2.2%; network technology stocks were also under pressure. Tencent (00700) fell 1.7%; both Meituan (03690) and Alibaba (09988) fell 2.2%; the Dow Jones Industrial Average closed at 40,211 on Monday (15th), up 2.

金吾財訊Jul 16 00:13 ET

GTJA: Maintains 'shareholding' rating for Alibaba-SW(09988) with a target price of HKD 94.

According to Zhitong Finance APP, GTJA has released a research report stating that it maintains an "Increased Holding" rating on Alibaba-SW (09988), slightly adjusting the company's FY2025E-FY2027E revenue to 1017/1100.8/1168.9 billion yuan, and adjusted net income to 152/169/180.4 billion yuan, with a FY2025 target price of HKD 94. The company continues to increase shareholder returns, and its dual listing in Hong Kong is approaching, and it may be included in the Stock Connect as soon as September. GTJA's main points are as follows: CMR and GMV growth rate gap may further narrow, looking forward to the

Zhitong FinanceJul 15 21:06 ET

Express News | PDD Holdings Down 3.3%, Baidu Down 6.3%

ReutersJul 15 11:01 ET

Express News | U.S.-Listed Shares of Chinese Firms Fall as Bets of Trump's White House Return Rise

ReutersJul 15 11:01 ET

Express News | Ishares China Large Cap ETF Down 1.9%, Kraneshares CSI China Internet ETF Down 3.1%

ReutersJul 15 11:01 ET

Express News | Li Auto Down 4.9%, JD.com Slips 4.4%, NIO Falls 6.4%, Xpeng Losses 5.8%

ReutersJul 15 11:01 ET