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21/08/2025
China Hongqiao announced that the company will repurchase 3.318 million shares at a total cost of 78.4033 million Hong Kong dollars on August 20, 2025, with a repurchase price per share ranging from 23.28 to 23.7 Hong Kong dollars.
Latest
2 m ago
Tencent's mobile game "Fearless Contract" debuts as the number one app on the iPhone app download chart and earns millions of dollars in revenue.
2 m ago
Tencent Holdings' mobile game "Fearless Agreement" made a strong debut in China this week, attracting $1 million in player spending on the iPhone platform on the first day it went online. This colorful shooting game, which landed on the PC platform for the first time in 2020, is one of Tencent's blockbuster mobile games launched this year. The outside world is paying special attention to it to observe the company's strategy of maintaining its so-called "evergreen tree game". According to Appfigures data, the game was downloaded about 170,000 times on the first day, equivalent to Tencent's "Dungeon & Warrior" mobile game launched a year ago, which is still among the highest in all iPhone apps. "Fearless Agreement" is currently only available in China, and the global release date is not yet clear. The game's revenue comes from in-app purchases and character "skins."
2 m ago
Tianhe Holdings: the invested company has not returned the financial support principal of 243,200 yuan and interest provided by the company.
2 m ago
CICC: Maintains Outperform rating on Wuxi Biologics, raises target price to HK$36
3 m ago
Morgan Stanley indicates that the Hong Kong Interbank Offered Rate (Hibor) may rise to the 3% range. Driven by low balances and market positioning adjustments, the 1-month Hibor has jumped from 0.91% to 2.86%. Historical relationships between total reserves and Hibor suggest that the 1-month Hibor could be around 3.5-3.8%; however, with market expectations of the Federal Reserve easing monetary policy, this rate may decrease.
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