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Home > Latest

Lates News

date
26/05/2025
CFETS: The RMB Exchange Rate Index for May 23 fell by 0.5% on a weekly basis to 96.20.
Latest
3 m ago
Stock market anomaly | Xin Tai Medical (02291.HK) rose more than 28% at one point with a trading volume exceeding 100 million Hong Kong dollars. It will go ex-dividend and ex-rights today.
4 m ago
Lyon: Raised Xinxin Retail (06808.HK) target price to 2 Hong Kong dollars, maintaining a "hold" rating.
4 m ago
Establishment: Lower CNOOC (00883.HK) target price to HK$19.6, maintain "outperform" rating.
4 m ago
Goldman Sachs strategists said that the Chinese stock market is expected to benefit from further appreciation of the renminbi; the renminbi has shown resilience in the China-US trade dispute. Strategists such as Kinger Lau wrote in a report on Monday that for every 1% increase in the renminbi against the US dollar, it could drive a 3% increase in the Chinese stock market, thanks to factors such as improving profit prospects for enterprises and increased inflow of foreign capital. Earlier this month, Goldman Sachs raised its 12-month forecast for the renminbi against the US dollar from 7.35 to 7.
4 m ago
Goldman Sachs predicts that for every 1% appreciation of the Renminbi against the US dollar, the Chinese stock market could rise by 3%.
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