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Walmart (WMT.N): Walmart U.S. comparable sales expected to receive roughly a 50bps boost from GLP-1 drugs in FY27; the effect was about 100bps in FY25 and FY26.

2026-08-20

Walmart (WMT.N): Walmart U.S. comparable sales expected to receive roughly a 50bps boost from GLP-1 drugs in FY27; the effect was about 100bps in FY25 and FY26.

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2026-08-20

CITIC Securities says the China baijiu sector is undergoing a valuation recovery after a deep 1H sell-off driven by sentiment and fund flows; July-to-date the sector is up 13.8% versus the CSI 300 INDEX +0.7%. The broker sees fundamentals stabilizing

CITIC Securities says the China baijiu sector is undergoing a valuation recovery after a deep 1H sell-off driven by sentiment and fund flows; July-to-date the sector is up 13.8% versus the CSI 300 INDEX +0.7%. The broker sees fundamentals stabilizing: wholesale prices have steadied under inventory controls, sell-through is marginally recovering from a low base, and inventories have started to decline. Since August demand for consumption occasions such as graduation/banquets has improved month-on-month, which may ease channel pessimism ahead of the Mid-Autumn peak selling season. CITIC recommends buying on dips, favoring leading liquor producers.
2026-08-20

According to Hong Kong Stock Exchange filings, Tencent Holdings (00700.HK) repurchased 662,000 shares on August 20, at a cost of HK$300.3 million.

According to Hong Kong Stock Exchange filings, Tencent Holdings (00700.HK) repurchased 662,000 shares on August 20, at a cost of HK$300.3 million.
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