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UBS raises Chevron (CVX.N) price target to $235 from $220.
2026-10-08
UBS raises Chevron (CVX.N) price target to $235 from $220.
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2026-10-08
KPMG’s 2026 China securities industry survey says 150 securities firms reported aggregate operating revenue of RMB329.8bln in 1H26, up ~31% YoY, and net profit of RMB138.7bln, up 23% YoY. Proprietary trading remained the largest revenue source; broke
KPMG’s 2026 China securities industry survey says 150 securities firms reported aggregate operating revenue of RMB329.8bln in 1H26, up ~31% YoY, and net profit of RMB138.7bln, up 23% YoY. Proprietary trading remained the largest revenue source; brokerage, investment banking, asset management and credit/margin businesses all grew. The report says Chinese brokers’ globalization—using Hong Kong as a hub and extending into Southeast Asia—is entering an execution phase and offshore revenue share is rising. Foreign brokers continue to enter China via wholly owned setups, with a cooperative competitive dynamic forming between domestic and foreign institutions.
2026-10-08
Hong Kong property stocks advanced: Shimao Group (00813.HK) up 7.69%, China Overseas Land & Investment (00688.HK) up 4.67%, Agile Group Holdings (03383.HK) up 4.40%, Greentown China Holdings (03900.HK) up 3.89%.
Hong Kong property stocks advanced: Shimao Group (00813.HK) up 7.69%, China Overseas Land & Investment (00688.HK) up 4.67%, Agile Group Holdings (03383.HK) up 4.40%, Greentown China Holdings (03900.HK) up 3.89%.
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