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Lee & Man Paper Manufacturing (02314.HK): Revenue for the first half of 2026 was HK$14.8 billion, up 21.3% year-on-year; profit for the period was HK$1.4 billion, up 69.3% year-on-year; earnings per share were HK$0.3197. The company declared an inter

2026-08-03

Lee & Man Paper Manufacturing (02314.HK): Revenue for the first half of 2026 was HK$14.8 billion, up 21.3% year-on-year; profit for the period was HK$1.4 billion, up 69.3% year-on-year; earnings per share were HK$0.3197. The company declared an interim dividend of HK$0.112 per share.

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2026-08-03

Palestinian civil defense spokesman Mahmoud Bassal said in a video statement on the 2nd that Israeli drones and airstrikes struck multiple locations across the Gaza Strip, killing at least 18 people, including two women and four children. Bassal said

Palestinian civil defense spokesman Mahmoud Bassal said in a video statement on the 2nd that Israeli drones and airstrikes struck multiple locations across the Gaza Strip, killing at least 18 people, including two women and four children. Bassal said targets included residential apartments, tents sheltering displaced people, civilian vehicles and gatherings. He said an Israeli drone fired two missiles at a civilian vehicle in Gaza City in the evening, killing four; an airstrike on a tent in west Gaza City killed two, including a 13-year-old, and wounded eight. Earlier, an airstrike on a jeep in central Deir al-Balah killed two, and a strike near Jabalia refugee camp in the north killed one and wounded several.
2026-08-02

Valueworks CIO Charles Lemonides said a strong rebound in chip stocks after this selloff would not be surprising, but they are unlikely to lead the next phase of a bull market because they have already had their run. He noted Amazon and Microsoft las

Valueworks CIO Charles Lemonides said a strong rebound in chip stocks after this selloff would not be surprising, but they are unlikely to lead the next phase of a bull market because they have already had their run. He noted Amazon and Microsoft last week reiterated commitments to spend hundreds of billions of dollars on AI over the next year, much of it for data-center chips, but said the ensuing fundamentals are in doubt. Chip names, especially storage-focused firms, are highly cyclical and prone to boom‑and‑bust demand swings; many on Wall Street expect this cycle to be no different. Lemonides called the recent earnings surge unsustainable and flagged margin reversion toward historical norms as the key risk — the question is when that reversion occurs and how markets will price it.
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