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Goldman Sachs 1Q26 Profit and Revenue Beat; Fixed Income Miss Weighs, Shares Fall 4% Pre-Market
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US Military Announces Blockade of Strait of Hormuz; Oil Prices Surge 7%, DJIA Futures Fall 460 pts
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<IPO>SIGENERGY Initially Oversubscribed by 1,103x w/ 200K Retail Investors Applying: Wire
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Spanish PM Visits XIAOMI-W's Tech Park in Lei Jun's Company
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<H Shrs> HSI Weakens on Thinner Turnover; Auto Stocks Rally; JD Health Slumps Over 9%
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CN 1Q Aggregate Financing to Real Economy (Flow) RMB14.83T, Below Mkt Consensus of RMB15.149T
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CN 1Q New RMB Loans RMB8.6T, Below Market Forecast of RMB9.075T
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CN Mar M2 Money Supply +8.5% YoY, vs Consensus +8.9%
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<Europe>European Stocks Soft in Early Trade; France, Germany, Spain, Italy Mkts Down 0.9-1.3%; Airlines Wane
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ANTA SPORTS: ANTA Brand Retail Sales See High Single-Digit YoY Growth in 1Q
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HKEX Introduces 2 Tech-focused Benchmarks
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<Research>M Stanley Tweaks TPs for HSBC HOLDINGS, STANCHART; Both Rated Overweight
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<H Shrs>HSI Closes Down 232 Pts, but BYD COMPANY/ NIO-SW Gain; Healthcare Platform Stocks Drop
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<Research>M Stanley Projects AI Investment to Weigh on TENCENT Margins, TP HKD650
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<Research>CICC: Mkt Expects Iran Situation to Stop Escalating, Maintains Stronger Forecast for Trump 'TACO' Logic
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<Research>M Stanley Raises Bilibili TP to US$31, Upgrades Rating to Overweight
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<Full-day Takeaway>HSI Closes at 25,660, Down 232 pts; HSTI Closes at 4,822, Down 38 pts; JD HEALTH Down over 9%; XUNCE, GOFINTECH QUANT, SINOTRUK, ASMPT Hit New Highs; Market Turnover Rises
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JPM Updates CICC Model, Slightly Raises TP to HKD24.5
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SoftBank, NEC, Honda, Sony Establish New Domestic AI Development Company
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<Research> Haitong International Raises CHINA MODERN DAIRY TP to HKD1.8, Maintains Outperform
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