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Hong Kong-listed film and entertainment stocks continued their correction, with Cloud Music (09899.HK) falling over 12%, China Star Entertainment (00326.HK) dropping nearly 5%, Maoyan Entertainment (01896.HK) and Damai Entertainment (01060.HK) both f

2026-02-12

Hong Kong-listed film and entertainment stocks continued their correction, with Cloud Music (09899.HK) falling over 12%, China Star Entertainment (00326.HK) dropping nearly 5%, Maoyan Entertainment (01896.HK) and Damai Entertainment (01060.HK) both falling over 3%, and Tencent Music (01698.HK) down 2.6%.

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2026-02-12

[Xi Jinping: Strengthen the Strategic, Forward-Looking, and Systematic Layout of Basic Research; Support Researchers to Scal New Heights and Produce More Original Achievements] Xi Jinping, General Secretary of the CPC Central Committee, President of

[Xi Jinping: Strengthen the Strategic, Forward-Looking, and Systematic Layout of Basic Research; Support Researchers to Scal New Heights and Produce More Original Achievements] Xi Jinping, General Secretary of the CPC Central Committee, President of the People's Republic of China, and Chairman of the Central Military Commission, recently issued important instructions on the work of the National Natural Science Foundation of China (NSFC). He pointed out that over the past 40 years since its establishment, the NSFC has played a positive role in promoting basic research and cultivating innovative talents. Xi Jinping emphasized that on the new journey, he hopes the NSFC will thoroughly study and implement Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, seize the historical opportunities of the new round of technological revolution and industrial transformation, adhere to the strategic orientation of "four orientations," strengthen the strategic, forward-looking, and systematic layout of basic research, deepen the reform of the science fund, further improve the funding system and enhance funding efficiency, promote the creation of a favorable research ecosystem, expand international cooperation, and support researchers to scale new heights in science and produce more original achievements, making greater contributions to promoting high-level scientific and technological self-reliance and building a strong science and technology nation.
2026-02-12

Kioxia reported a net profit of 87.81 billion yen for its third fiscal quarter, compared to market expectations of 100.41 billion yen. Net sales were 543.63 billion yen, compared to market expectations of 557.86 billion yen.

Kioxia reported a net profit of 87.81 billion yen for its third fiscal quarter, compared to market expectations of 100.41 billion yen. Net sales were 543.63 billion yen, compared to market expectations of 557.86 billion yen.
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