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04/06/2025
ANTA Sports completes acquisition of Jack Wolfskin business.
Latest
1 m ago
Shanghai: During the Dragon Boat Festival holiday, the city's online and offline consumption reached 20 billion yuan, an increase of 4.1% year on year.
2 m ago
Hong Kong stock abnormal fluctuation | NetEase Cloud Music (09899.HK) rose by more than 4% now. Institutions predict that online music revenue will increase by 15% year-on-year and are optimistic about the growth potential of long-term membership income.
2 m ago
The Indian SENSEX 30 index opened up by 0.19% at 80889.46 points, with most component stocks trading higher. Among the heavyweights, Bharti Airtel rose by 0.6%, State Bank of India by 0.56%, Reliance Industries by 0.48%, HDFC Bank by 0.35%, and Bajaj Finance by 0.29%. On the downside, Tata Consultancy Services fell by 0.78%, Industrial Development Bank of India by 0.23%, and Infosys Technologies by 0.02%.
2 m ago
The Indian SENSEX30 index opened up 0.19% at 80889.46 points, with most component stocks rising. In terms of heavyweight stocks, Bharti Airtel rose 0.6%, State Bank of India rose 0.56%, Reliance Industries rose 0.48%, HDFC Bank rose 0.35%, and Bajaj Finance rose 0.29%. On the downside, Tata Consultancy Services fell 0.78%, India Industrial Credit Investment Bank fell 0.23%, and Infosys Technologies fell 0.02%.
2 m ago
Nomura issued a report pointing out that Nio (NIO.N) announced its first quarter performance in 2025 in the US stock market before trading on June 3. The group's revenue reached 12 billion yuan, an annual increase of 21% and a quarterly decrease of 39%, slightly lower than expected. The quarterly car shipment volume met expectations, with a 40% annual increase to 42,100 units. Automotive sales revenue reached 9.9 billion yuan, a year-on-year increase of 19%, but a quarterly decrease of 43% due to changes in product structure, resulting in a 15% annual decrease in average selling price of cars. Nomura believes that the above growth is mainly influenced by the annual and quarterly changes in sales volume, and that both growth rates have narrowed. The company's operating loss rate was 53.3%. The bank believes that this is due to a 47% year-on-year increase in sales and management expenses, as well as increased sales personnel costs and sales and marketing activities. They are temporarily maintaining a neutral rating on the group's US stock with a target price of $5.
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