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Hong Kong open: Hang Seng Index +0.58%, Hang Seng Tech +0.15%. Biotech names led early gains—06990.HK +4.19%, 06127.HK +1.89% at the open.

2026-07-16

Hong Kong open: Hang Seng Index +0.58%, Hang Seng Tech +0.15%. Biotech names led early gains—06990.HK +4.19%, 06127.HK +1.89% at the open.

Other News
2026-07-16

IBK Investment & Securities sharply raised its target price for Samsung Electro‑Mechanics to KRW1.75 mln from KRW1.05 mln and kept a Buy rating, citing sustained AI‑chip demand as the key earnings driver. The firm forecasts operating profit reaching

IBK Investment & Securities sharply raised its target price for Samsung Electro‑Mechanics to KRW1.75 mln from KRW1.05 mln and kept a Buy rating, citing sustained AI‑chip demand as the key earnings driver. The firm forecasts operating profit reaching KRW4.8 tln by 2028, led by a rising share of server MLCCs, and expects heavy capex over the next three years—equivalent to the past decade—to expand AI‑chip capacity, secure new FC‑BGA customers and support FC‑BGA upgrades. IBK also highlighted notable foreign inflows: foreign ownership rose from a 37.5% trough on June 22 to 39.6% on June 30 and 40.0% by July 15, continuing despite KOSPI weakness.
2026-07-15

Huayang Group stated on its interactive platform on July 15 that the company is not currently involved in optical resin materials or PVB intermediate film businesses.

Huayang Group stated on its interactive platform on July 15 that the company is not currently involved in optical resin materials or PVB intermediate film businesses.
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