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The latest information disclosed by Prosus, a subsidiary of Naspers, a South African media group and major shareholder of TENCENT (00700.HK), was released. As of the end of November, Prosus held 218.4 million shares of MEITUAN-W (03690.HK), down 39.1 million shares since early July. Prosus CEO Fabricio Bloisi stated that the fun...
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Multiple Chinese car makers revealed that their sales were either flat largely or on a downtrend compared to the previous month, according to a recent report from UBS.Theoretically, November should've been an industry peak season driven by the front-loading effect ahead of potential policy retreat in 2026, yet the market sho...
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BABA-W (09988.HK)(BABA.US)'s newly launched Qwen App showed explosive growth, ranking first in the global AI app growth chart with a monthly active growth rate of 149.03%, the AI industry ranking, aicpb.com, released the latest monthly data saying.The app opened for public beta on 17 November, and within just one week, downl...
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Nomura released its 2026 outlook report for the Asia ex-Japan market, outlining a core long-position portfolio of Asian stocks (only H-shares, A-shares, and Chinese ADRs are included):Stocks | Recommended Portfolio Deployment RatioTENCENT (00700.HK) | 7.5%BABA-W (09988.HK) | 6.2%AIA (01299.HK) | 2.4%CM BANK (03968.HK) | 2.3%PING...
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Regarding the Wang Fuk Court fire, Insurance Authority CEO Clement Cheung stated after attending an event that approximately 1,100 related P&C insurance policies and 7,600 life insurance policies have been found. The Authority established a dedicated task force after the incident to coordinate with insurance companies to con...
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