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Kuaishou (01024.HK) rose more than 8%, with a turnover of nearly HK$3 billion.

2026-07-06

Kuaishou (01024.HK) rose more than 8%, with a turnover of nearly HK$3 billion.

Other News
2026-07-06

A senior U.S. official stated that Trump will discuss navigation in the Strait of Hormuz during the NATO summit. Allies are ready to participate in protecting shipping safety in the Strait of Hormuz.

A senior U.S. official stated that Trump will discuss navigation in the Strait of Hormuz during the NATO summit. Allies are ready to participate in protecting shipping safety in the Strait of Hormuz.
2026-07-06

Goldman Sachs raised its target price on Huahong Hongli (01347.HK) to HK$333 from HK$174 and reiterated a Buy rating, citing stronger demand for AI chips and data-center power-management ICs as large-model capabilities improve (citing Meituan-W’s Lon

Goldman Sachs raised its target price on Huahong Hongli (01347.HK) to HK$333 from HK$174 and reiterated a Buy rating, citing stronger demand for AI chips and data-center power-management ICs as large-model capabilities improve (citing Meituan-W’s LongCat2.0). The bank expects generative AI to sustain demand, forecasts continued ramp-up of 12‑inch capacity and a product-mix shift toward 40nm and 28nm, and lifted net profit forecasts for FY2027–FY2029 by 1%–8%. Goldman projects operating margin to rise from 1% in FY2026 to 4%/8%/12% in FY2027/FY2028/FY2029, normalizing at 14%–17% in FY2030–FY2031.
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