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SK Hynix's decline widened to 10%.

2026-07-13

SK Hynix's decline widened to 10%.

Other News
2026-07-13

Bank of East Asia wealth management strategist Chen Weicong said tech firms’ higher AI spending and rising energy and memory production costs have weakened earnings recovery for heavyweight tech and consumer names, prompting a cut to this year’s Hang

Bank of East Asia wealth management strategist Chen Weicong said tech firms’ higher AI spending and rising energy and memory production costs have weakened earnings recovery for heavyweight tech and consumer names, prompting a cut to this year’s Hang Seng earnings forecast and a target reduction from 29,000 to 27,100. The implied P/E on the forecast is about 10x, slightly below the 10-year average of ~10.5x, making valuations increasingly attractive and recent overselling a buying opportunity. He expects a short-lived phase rebound in H2; the July Politburo meeting could be a catalyst if it signals further growth-stabilizing policies.
2026-07-13

JERA, Japan's largest power company, signed a memorandum of understanding with Samsung C&T to enhance the resilience and supply security of its hydrogen and ammonia value chains.

JERA, Japan's largest power company, signed a memorandum of understanding with Samsung C&T to enhance the resilience and supply security of its hydrogen and ammonia value chains.
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