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LG Electronics shares surged 24%.

2026-05-29

LG Electronics shares surged 24%.

Other News
2026-05-29

CHINA FOREIGN MINISTER told the Friends of Global Governance meeting at UN headquarters in New York on the 28th that members have coalesced around five consensuses: advance democratization of international relations so all states, regardless of size

CHINA FOREIGN MINISTER told the Friends of Global Governance meeting at UN headquarters in New York on the 28th that members have coalesced around five consensuses: advance democratization of international relations so all states, regardless of size or wealth, may choose systems and development paths and participate, decide and benefit equally in global governance; uphold the UN Charter and ensure equal, uniform application of international law and rules, opposing double standards and imposition; defend the UN’s central role by practicing multilateralism, strengthening multilateral mechanisms and opposing unilateralism and power politics; reform and improve global governance to narrow the North‑South gap, share development gains and leave no country behind; and focus on practical problems, delivering concrete, visible outcomes to let global governance withstand scrutiny over time.
2026-05-29

China Merchants Securities maintains a Buy rating on Kuaishou (01024.HK) and a HK$64 target price, implying adjusted P/E of 15x/13x for FY2026/FY2027. The broker says Kuaishou is at a key inflection as AI-driven content ecosystem reshaping and faster

China Merchants Securities maintains a Buy rating on Kuaishou (01024.HK) and a HK$64 target price, implying adjusted P/E of 15x/13x for FY2026/FY2027. The broker says Kuaishou is at a key inflection as AI-driven content ecosystem reshaping and faster-than-expected commercialization validate its second growth curve. Firm highlights company-wide AI penetration—AI mini-dramas, AI marketing agents and AI e‑commerce search—as continuing to add incremental revenue to legacy businesses. Kuaishou is cash-rich, offering roughly 4% annual shareholder return, and is keeping financial discipline while sustaining AI investment.
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