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HSBC cuts PT for Tencent Holdings (00700.HK) to HK$655 from HK$720.
2026-07-13
HSBC cuts PT for Tencent Holdings (00700.HK) to HK$655 from HK$720.
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2026-07-13
A-share aerospace sector opened weaker; Aerospace Engineering hit limit-down, with Aerospace Power, Aerospace Development, Aerospace Intelligent Equipment, Aerospace Electromechanical and Aerospace Manufacturing also slide.
A-share aerospace sector opened weaker; Aerospace Engineering hit limit-down, with Aerospace Power, Aerospace Development, Aerospace Intelligent Equipment, Aerospace Electromechanical and Aerospace Manufacturing also slide.
2026-07-13
GigaDevice hit the daily limit-down, closing at 550.8 yuan, more than 30% below its June 30 level; market capitalization about 386.4 billion yuan. The broader memory-chip sector plunged, with multiple peer stocks also trading at limit-downs. A GigaDe
GigaDevice hit the daily limit-down, closing at 550.8 yuan, more than 30% below its June 30 level; market capitalization about 386.4 billion yuan. The broader memory-chip sector plunged, with multiple peer stocks also trading at limit-downs. A GigaDevice staffer said the recent share adjustment “is closely linked to overseas markets,” noting the decline is roughly in line with SK Hynix’s ~30% drop and that memory peers rose similarly during the prior rally. Asked about business worries, the staffer pointed to the company’s earnings guidance as the most persuasive evidence of fundamentals.
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