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Alibaba-Backed

636.182

+10.7391.72%

Number of Gainers:9

Number of Losers:2

Number of Flat:2

PE:- -

High:643.150

Open:625.443

Low:619.870

Close:625.443

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Market Chatter: China Looking to Release Policy to Boost Use of RISC-V Chips

MT Newswires Live

Greater China Stocks Close Mixed; Hong Kong Leads Gainers

Sun Art Retail Chairman to Step Down Following Sale of Controlling Stake; Shares Fall 6%

MT Newswires Live

BUZZ-Sun Art Retail falls most in 8 weeks on management rejig

BRIEF-Sun Art Retail Says Huang Ming-Tuan Resigns As Chairman

Sun Art Retail - Julian Juul Wolhardt Will Be Appointed as Chairman

THOMSON REUTERS

Sun Art Retail - Huang Ming-Tuan Resign as Chairman

THOMSON REUTERS

Alibaba's Net Cash to Remain Robust Despite Capex Surge, S&P Says

MT Newswires Live

BRIEF-Sun Art Retail Says Authorities Conducting Investigation Into An Independent Supplier

Sun Art Retail - Notified by Relevant Authorities That They Are Conducting an Investigation Into an Independent Supplier

THOMSON REUTERS

Sun Art Retail - Expects to Record RMB58 Mln as Provision for Tax Expenses for Year

THOMSON REUTERS

Sun Art Retail - Supplier Was Subject to Such Investigation Due to Certain Acts Involving Value-Added Tax Invoices

THOMSON REUTERS

Hong Kong Most Actives

CICC, China Galaxy Securities Deny Merger Report; Shanghai Shares Surge

MT Newswires Live

BUZZ-China Galaxy, CICC HK shares fall after saying they have no information on merger

A CICC and China Galaxy Securities Merger Plausible Long Term -- Market Talk

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The Taiwan Taiex index fell 1.3% to 22756.25.Among Hang Seng constituents, Li Auto Inc. posted the largest decline, falling 4.9%, followed by shares of Semiconductor Manufacturing International Corp., which fell 4.1%. Shares of BYD Electronic  Co. Ltd. fell 3.5%.Xinyi Solar Holdings Ltd. was the biggest gainer among companies on the Hang Seng, surging 8.5%, and JD Health International Inc. surged 5.0%. Alibaba Health Information Technology Ltd. rounded out the top three movers on Monday, as shares gained 3.4%.Among large mainland China stocks, UCloud Technology Co. Ltd. A posted the largest decline, dropping 13%, followed by shares of ASR Microelectronics Co. Ltd. A, which dropped 10%. Shares of Kangxin New Materials Co. 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Sun Art Retail Group Ltd 6808.HK:HUANG MING-TUAN RESIGN AS CHAIRMANJULIAN JUUL WOLHARDT WILL BE APPOINTED AS CHAIRMANFurther company coverage: 6808.HK ((Reuters.Briefs@thomsonreuters.com;))","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250228:nFWN3PI2C8:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1501","BK1177","06808","BK1584"],"gpt_icon":0},{"id":"2514435032","title":"Sun Art Retail - Julian Juul Wolhardt Will Be Appointed as Chairman","url":"https://stock-news.laohu8.com/highlight/detail?id=2514435032","media":"THOMSON REUTERS","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514435032?lang=en_us&edition=fundamental","pubTime":"2025-02-28 08:22","pubTimestamp":1740702121,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250228:nFWN3PI2C8:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["06808","BK1501","BK1584","BK1177"],"gpt_icon":0},{"id":"2514321350","title":"Sun Art Retail - Huang Ming-Tuan Resign as Chairman","url":"https://stock-news.laohu8.com/highlight/detail?id=2514321350","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514321350?lang=en_us&edition=fundamental","pubTime":"2025-02-28 08:22","pubTimestamp":1740702121,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250228:nFWN3PI2C8:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK1501","BK1584","06808","BK1177"],"gpt_icon":0},{"id":"2514872796","title":"Alibaba's Net Cash to Remain Robust Despite Capex Surge, S&P Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2514872796","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514872796?lang=en_us&edition=fundamental","pubTime":"2025-02-27 18:59","pubTimestamp":1740653987,"startTime":"0","endTime":"0","summary":"Alibaba Group Holding  will continue to have large net cash reserves despite a planned increase in capital expenditure for cloud and artificial intelligence, S&P Global Ratings said in a Wednesday release.The rating agency expects the company to offset the surge in spending with robust cash flow from core e-commerce operations, potential noncore asset sales, and reduced share buybacks.The e-commerce company plans to invest at least 380 billion yuan in the next three years to boost its cloud and AI capabilities amid intense competition, although the move could strain its near-term cash flow, S&P said.The rating agency revised its capital expenditure forecasts upward to 93 billion yuan for fiscal 2025 and 122 billion yuan for fiscal 2026.The increase would slash adjusted free operating cash flow to between 66 billion yuan and 86 billion yuan for fiscals 2025 and 2026.Still, S&P believes Alibaba's adjusted net cash, including long-term treasury investment, will remain above 200 billion yu","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["IE00BPRC5H50.USD","LU1224709979.USD","LU0359201885.HKD","BABA","LU1046422090.SGD","89988","LU0049853897.USD","LU0329678170.USD","LU0828237510.HKD","BK4503","LU2097828631.EUR","LU0449509016.USD","LU0106252389.USD","LU0315178854.USD","LU0594300179.USD","LU0417516738.SGD","LU0106959298.USD","LU0149721374.USD","LU1642822792.SGD","LU0588545490.SGD","LU0449515922.USD","LU1282649810.SGD","LU1328615791.USD","BK4543","LU0173614495.USD","LU0228659784.USD","LU0345776255.USD","LU0348784397.USD","LU0588545730.USD","LU1008478684.HKD","LU1316542783.SGD","LU1808992512.USD","LU1224444064.USD","LU1303224171.USD","BK4502","IE00BMPRXR70.SGD","LU0797268264.HKD","LU1282651121.HKD","BK1501","HBBD.SI","BK4504","09988","LU0431992006.USD","LU1807302812.USD","LU1152091168.USD","LU1720051108.HKD","LU0868486357.SGD","BK4531","LU0228367735.SGD","LU1044874839.SGD"],"gpt_icon":1},{"id":"2514900873","title":"BRIEF-Sun Art Retail Says Authorities Conducting Investigation Into An Independent Supplier","url":"https://stock-news.laohu8.com/highlight/detail?id=2514900873","media":"Reuters","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514900873?lang=en_us&edition=fundamental","pubTime":"2025-02-27 17:24","pubTimestamp":1740648254,"startTime":"0","endTime":"0","summary":"BRIEF-Sun Art Retail Says Authorities Conducting Investigation Into An Independent SupplierFeb 27 (Reuters) - Sun Art Retail Group Ltd 6808.HK:NOTIFIED BY RELEVANT AUTHORITIES THAT THEY ARE CONDUCTING","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250227:nFWN3PI0D3:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"policyRegulatory","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1501","BK1177","BK1584","06808"],"gpt_icon":0},{"id":"2514887806","title":"Sun Art Retail -  Notified by Relevant Authorities That They Are Conducting an Investigation Into an Independent Supplier","url":"https://stock-news.laohu8.com/highlight/detail?id=2514887806","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514887806?lang=en_us&edition=fundamental","pubTime":"2025-02-27 17:19","pubTimestamp":1740647952,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250227:nFWN3PI0D3:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["06808","BK1584","BK1501","BK1177"],"gpt_icon":0},{"id":"2514780978","title":"Sun Art Retail - Expects to Record RMB58 Mln as Provision for Tax Expenses for Year","url":"https://stock-news.laohu8.com/highlight/detail?id=2514780978","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514780978?lang=en_us&edition=fundamental","pubTime":"2025-02-27 17:19","pubTimestamp":1740647952,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250227:nFWN3PI0D3:4","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK1501","06808","BK1584","BK1177"],"gpt_icon":0},{"id":"2514487806","title":"Sun Art Retail -  Supplier Was Subject to Such Investigation Due to Certain Acts Involving Value-Added Tax Invoices","url":"https://stock-news.laohu8.com/highlight/detail?id=2514487806","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514487806?lang=en_us&edition=fundamental","pubTime":"2025-02-27 17:19","pubTimestamp":1740647952,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250227:nFWN3PI0D3:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK1177","06808","BK1584","BK1501"],"gpt_icon":0},{"id":"2514773822","title":"Hong Kong Most Actives","url":"https://stock-news.laohu8.com/highlight/detail?id=2514773822","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514773822?lang=en_us&edition=fundamental","pubTime":"2025-02-27 16:45","pubTimestamp":1740645900,"startTime":"0","endTime":"0","summary":"Copyright (c) 2025 Dow Jones & Company, Inc.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0449515922.USD","LU0359201885.HKD","LU0642271901.SGD","LU0672654166.SGD","LU1282648689.USD","LU0307460666.USD","LU0449509016.USD","IE00B0JY6N72.USD","LU0244354667.USD","LU0072913022.USD","LU1642822792.SGD","LU0531970944.HKD","LU0823041008.USD","LU0651946864.USD","LU0979878070.USD","LU0819121731.USD","LU0828237510.HKD","LU1720051017.SGD","LU0164872284.USD","LU0594300419.USD","LU0531971595.HKD","LU1366334651.USD","LU2257852520.SGD","LU0588546209.SGD","IE00BMPRXN33.USD","SG9999002828.SGD","LU1046421795.USD","LU1439103000.SGD","LU1960683339.HKD","BK1501","LU1048484197.HKD","BK1588","89988","LU0890818403.SGD","LU0048580855.USD","LU1282651121.HKD","LU2097828474.EUR","LU1282649810.SGD","LU1316542783.SGD","LU0054237671.USD","LU0648948544.HKD","LU0516423091.SGD","BK4535","LU0862451753.SGD","HBBD.SI","LU0456846285.SGD","BK4585","LU0577902454.USD"],"gpt_icon":1},{"id":"2514682966","title":"CICC, China Galaxy Securities Deny Merger Report; Shanghai Shares Surge","url":"https://stock-news.laohu8.com/highlight/detail?id=2514682966","media":"MT Newswires Live","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514682966?lang=en_us&edition=fundamental","pubTime":"2025-02-27 15:59","pubTimestamp":1740643158,"startTime":"0","endTime":"0","summary":"China International Capital or CICC  and China Galaxy Securities  denied reports of an impending merger, according to separate statements posted on the Hong Kong bourse Thursday.The two parties said they received no information from any government department, regulatory authority or shareholder regarding such plans.On Wednesday, Reuters cited sources familiar with the matter as saying that CICC and Galaxy Securities are set to merge in a share-swap deal that recently gained regulatory backing.The merger, which would form the country's third-largest brokerage with 1.4 trillion yuan in assets, could be announced soon, the news site wrote.Reuters said the move aligns with Beijing's push to strengthen domestic investment banks as a counter for global banks like Goldman Sachs and Morgan Stanley.Shares of CICC jumped 7% in Shanghai on Thursday, while those of China Galaxy Securities surged 10%. In Hong Kong, CICC's shares fell 3%, while Galaxy Securities edged down marginally.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"merge","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU2023251221.USD","LU0158827781.USD","BK4127","LU1720051017.SGD","BK4534","BK4588","LU0225283273.USD","LU1363072403.SGD","LU0912757837.SGD","BK0276","LU0158827948.USD","BK4585","LU2271345857.HKD","BK0188","LU2028103732.USD","LU1720051108.HKD","LU1074936037.SGD","LU0106831901.USD","SG9999002828.SGD","06881","LU1548497426.USD","BK4504","LU0314104364.USD","601881","LU1162221912.USD","LU2111349929.HKD","BK1564","LU1989772840.SGD","IE00BKVL7J92.USD","LU0006306889.USD","LU2133065610.SGD","LU0106261372.USD","LU1989772923.USD","LU0795875086.SGD","BK4516","LU1732799900.SGD","BK1516","LU0795875169.SGD","LU0098860793.USD","LU2347655156.SGD","03908","601995","BK4581","LU2357305700.SGD","BK1147","LU0267386448.USD","LU2089284900.SGD","BK1501","LU2089283258.USD","LU0971096721.USD"],"gpt_icon":0},{"id":"2514845936","title":"BUZZ-China Galaxy, CICC HK shares fall after saying they have no information on merger","url":"https://stock-news.laohu8.com/highlight/detail?id=2514845936","media":"Reuters","labels":["shareholding","merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514845936?lang=en_us&edition=fundamental","pubTime":"2025-02-27 12:45","pubTimestamp":1740631546,"startTime":"0","endTime":"0","summary":"BUZZ-China Galaxy, CICC HK shares fall after saying they have no information on merger** Hong Kong shares of China Galaxy Securities 6881.HK drop 8.4% to HK$8.02, the biggest one-day pct decline since October 9, 2024** China International Capital Corp  3908.HK is set to merge with its peer China Galaxy Securities via a share swap, Reuters reported on Wednesday citing five sources, in a deal that would create China's third-largest brokerage** CICC and Galaxy said in separate filings late on Wednesday that neither of them had received any information from the government, regulators or controlling shareholder regarding the reported merger** CICC's Hong Kong shares fall 8.3% to HK$14.88, the biggest one-day pct drop since October 9, 2024** However, Shanghai-listed stock of China Galaxy 601881.SS and CICC 601995.SS rise 3.5% and 2% respectively** YTD, Hong Kong shares of China Galaxy up 23.6%, CICC gains 26.5%  ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250227:nL2N3PI052:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"shareholding,merge","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["03908","601881","BK0188","BK1501","BK1516","601995","BK0276","BK1564","06881","SG9999002828.SGD","BK1147"],"gpt_icon":0},{"id":"2514810946","title":"A CICC and China Galaxy Securities Merger Plausible Long Term -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2514810946","media":"Dow Jones","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514810946?lang=en_us&edition=fundamental","pubTime":"2025-02-27 11:29","pubTimestamp":1740626940,"startTime":"0","endTime":"0","summary":"0329 GMT - A possible merger between CICC and China Galaxy Securities via a share swap as per a media report could be plausible in the long term, Citi analysts write in a note. Though the companies denied the report, the market has anticipated a merger between them since early 2024, they add. Both the brokerages are controlled by China Investment Corp. and have had top leadership reshuffles among themselves, Citi notes. A merger could also boost CICC's capital base, they say, adding that the merged entity could be the third biggest in China in terms of total assets and revenue.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"merge","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["06881","BK1147","BK1516","BK1501","03908","BK1564","SG9999002828.SGD"],"gpt_icon":0}],"pageSize":16,"totalPage":3,"pageCount":1,"totalSize":42}]}}