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'Chinese Warren Buffett' Duan Yongping Increases Stake in POP MART by 4.66M Shares Last Thu, Also Raises Short Position
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<Asia> Asian Markets Broadly Higher; Japan, Taiwan, Singapore Hit Record Highs; HONDA Surges Nearly 8%; Indonesia Index Plunges 4% to Five-Year Low
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TENCENT Spends HKD127M+ to Buy Back 275,500 Shares
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PICC P&C President Appointment Qualification Approved by NFRA
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<Econ> UK May S&P Services PMI Final Revised Up to 49.3, First Contraction Since Apr Last Year
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<Econ> Eurozone May S&P Composite PMI Final Revised Up to 48.5, Hits 18-Month Low
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<Results> ZHIHU-W 1Q26 Loss Narrows to RMB8.504M; Adjusted Net Profit Up 147.2% YoY
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CPCA: Preliminary May National Passenger NEV Retail Sales 974,000 Units, Down 5% YoY
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Spot USD/CNY Drops 98 bps to Close at 6.7720
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<Research> Jefferies Upgrades ZOOMLION to Buy; Initiates Coverage on SANY HEAVY IND with Buy, TP HKD24
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<Research>JPM: Mainland's New Outbound Investment Rules Have Limited Impact on HK Home Mkt; Buy on Dips CK ASSET, SHK PPT etc.
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HSBC Asset Mgmt Remains Optimistic on Semis Companies in 2H, Including Leading Domestic Chipmakers
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<Research> JPM: HK Apr Retail Sales Growth Moderates; Reiterates Neutral on LINK REIT , WHARF REIC
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<Research>JPM: LI NING's Long-term Partnership with Stephen Curry to Be Brand Asset Catalyst; Maintains Overweight
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CSPC PHARMA Falls 4%, HENGRUI PHARMA Slumps 7%; Citi Says Low Chance of US Bill to Curb Investment in China Biotech Passing, Sees Buying Opportunity in Pharma Sector
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<Research>M Stanley Upgrades Yum! Brands, Inc. to Overweight, Raises TP to USD185
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<IPO> SHOUGANG LANZA Closes at HKD21.06 on Debut, 44.2% Above Listing Price
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<Full-day Takeaway>HSI Down 405 pts; HSTI Down 142 pts; MEITUAN Down over 5%; XIAOMI Down over 3%; BABA Down over 3%; DAHSING BANKING Hit New Highs; Market Turnover Rises
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<H Shrs>HSI Closes Down 405 pts; MEITUAN-W Tumbles ~6%; TENCENT, BABA-W Dive 3%+
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CPCA: CN NEV Wholesale Vol. of Multiple Major Carmakers Hit Record Highs for May
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