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Daiwa released a research report having a more positive view on 2025 revenue growth for GDS-SW (09698.HK) amid robust demand in Malaysia. In addition, the broker believed that external financing for GDSI, which operates its data centers outside China, will unlock shareholder value. However, with GDSI to be divested from GDS-SW&#...
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IMOTIONAUTOTECH (01274.HK) is set to establish a strategic partnership with HORIZONROBOT-W (09660.HK), under which they will focus on developing intelligent driving solutions based on HORIZONROBOT-W's Journey Series 6E (J6E) chip and target the mid-range intelligent driving market.It is reported that HORIZONROBOT-W's J6E...
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The HSI concluded the day up 56 points or 0.3% at 19,423. The HSCEI rose 22 points or 0.3% to close at 6,946. The HSTECH climbed 45 points or 1.1%, closing at 4,353. The total market turnover for the day amounted to $133.501 billion.China's ChiNext Index spiked 2.5%, fueling techs. Chip stocks SMIC (00981.HK) and HUA HONG SE...
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Nomura, in its research report, upgraded Kingsoft Cloud (KC.US) (03896.HK) from Neutral to Buy, citing that the 3Q24 results showed the company's revenue and margin have room for growth, on the back of the growth of AI-related revenue, paired with robust cloud demand from XIAOMI-W (01810.HK) and KINGSOFT (03888.HK) for elect...
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There was HKD633.9 million, HKD423.9 million and HKD18.9 million Southbound Trading net inflow to KUAISHOU-W (01024.HK), BABA-W (09988.HK) and CNOOC (00883.HK).There was HKD163.2 million, HKD19.7 million and HKD15 million Southbound Trading net outflow from SUNAC (01918.HK), XIAOMI-W (01810.HK) and KINGSOFT CLOUD (03896.HK).For ...
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