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MAN WAH HLDGS Tumbles ~5% after Midday; Annual NP Drops 12% w/ Final Div. Axed by 25%
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CICC: TENCENT 1Q Non-IFRS Net Profit In Line; Active and Controllable AI Investment
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<Research>G Sachs Slightly Cuts KUAISHOU-W TP to HKD74; Spin-off of Kling AI May Unlock Value
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<Research>JPM Raises BABA-W TP to HKD200, Says Alibaba Cloud Value Yet to Be Fully Priced In
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M Stanley Cuts BRILLIANCE CHI TP to HKD2.9, Rating Equalweight
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Alipay User Charged RMB1.84M Donation Even After Disabling Payment Function; Alipay Says Account Suspected of Being Shared
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<Research>CMBI: TENCENT 1Q Profit Growth Stable; AI Progress Solid
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<H Shrs>HSI Slips 229 pts at Midday; SMIC Up 4%, ALI HEALTH Stumbles 6%+
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HKTB: Apr Preliminary Visitor Arrivals to Hong Kong Up 10% YoY to 4.22 Million; 1-4M Up 15%
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<Research> M Stanley: Xi-Trump Meeting Drives Improved A-Share Sentiment, Prefers A Shrs over H Shrs, Sets 2Q27 HSI TP at 28,400
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He Xiaopeng: VW Buys XPENG-W Car, Drives It ~500,000 Kilometers Before Investment
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<Research>CICC: 22 Stocks Added, 24 Ousted in MSCI China Index's May Review; Related Inflow/ Outflow Impact on Radar
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<Midday Takeaway>HSI Closes Midday at 26,160, Down 229 pts; HSTI Closes Midday at 5,012, Down 63 pts; ALI HEALTH Down over 6%
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<Results>MAN WAH HLDGS Annual Net Profit $1.812B, Down 12.1%; Final Div 9 Cents
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<Research> M Stanley Raises PRU (PRU.L) NBP Forecast by 1%, Cuts TP to 1,400 pence
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<Research> Jefferies: China's Apr Credit Growth Momentum Further Slows
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<Research>Nomura Raises Alibaba TP to USD207, Maintains Buy Rating
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<Research>JPM: CN Apr Credit Data Way Below Expectations; Big Four SOE Banks Preferred for Defensive Positioning
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Nomura Raises JD.com, Inc. TP to USD41, Maintains Buy Rating
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CAICT Launches Graded Testing for AI Terminal Intelligence
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