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Latest
The Philippine benchmark stock index rose by 1.1%
27/08/2025
The Philippine benchmark stock index rose by 1.1% to 6212.96 points.
Latest
3 m ago
China COSCO Shipping International (00517.HK) released its interim performance, with a net profit attributable to shareholders of 487 million Hong Kong dollars, an increase of 25.6% year-on-year.
4 m ago
There are more than 1,000 artificial intelligence-related companies gathered in Wuhan.
6 m ago
Institution: Li Ning's profit margin may be under pressure due to large discounts, and the company's rating has been downgraded from buy to hold.
6 m ago
Dahua Jixian's report states that Li Ning may continue to heavily discount in the second half of the year, which could put pressure on the full-year gross margin. This Chinese sportswear company has offered significant discounts on all sales channels in the first half and the first few months of the second half, and analysts expect this trend to continue. The company may also face higher advertising and promotional costs related to the Chinese Olympic Committee. Meanwhile, Li Ning's management has indicated that a decrease in foot traffic in stores in the third quarter may signal challenges for offline sales in the second half of the year. Dahua Jixian downgraded its rating on Li Ning's stock from buy to hold, but maintained its target price at 18.90 Hong Kong dollars.
9 m ago
Miguo Group: Revenue growth in the first half of the year benefited from strong sales of goods and equipment, and an increase in franchise revenue.
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