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date
05/06/2025
Bin Wang, an analyst at Deutsche Bank, described the outlook for Xiaomi Group's electric vehicle deliveries in June as optimistic. The bank expects Xiaomi Group to deliver 30,000 vehicles in June, benefiting from increased production capacity and seasonal factors. The analyst maintains a buy rating on Xiaomi Group with a target price of 75.00 Hong Kong dollars. The latest stock price is 52.45 Hong Kong dollars.
Latest
2 m ago
In May, China's bulk commodity price index rose by 0.3% compared to the previous month.
3 m ago
Movement in US Dollar debt | Hong Kong Mortgage Securities HKMTGC 3.7 05/08/26 fell by 1.012% to 99.740.
3 m ago
Movement in US Dollar Bonds | New World Development Property SUNHUN 1.89 01/17/28 price fell 2.044% to 94.372.
5 m ago
Bank of America: The peak of tariff confusion has passed and bank stocks will outperform the market.
5 m ago
The Bank of America stated that the stock performance of Wall Street banks is expected to outperform the S&P 500 index because the chaos caused by tariffs may have peaked. "Tariffs caught the market off guard, but the 'peak chaos' may be behind us," analysts Ebrahim H. Poonawala and others wrote in a report released on Wednesday. They stated that although the economic environment remains uncertain and volatile, bank profitability has been solid, with bank stock earnings per share revisions outperforming the S&P 500 index so far this year. In 2024, bank stocks outperformed the S&P 500 index with the KBW Bank Index rising 33%, compared to a 23% increase in the S&P 500 index during the same period. However, this year, the trends of bank stocks and benchmark indices have been more consistent, with the KBW index rising by less than 1% and the S&P 500 index increasing by 1.7%.
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