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<Midday Takeaway>HSI Closes Midday at 24,829, Up 111 pts; HSTI Closes Midday at 4,748, Up 42 pts; LENOVO GROUP Up over 9%; BANK OF CHINA, KB LAMINATES Hit New Highs
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Government Launches Public Consultation on Hong Kong Five-Year Plan, Aims to Release Formal Document in 3Q26
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XUNCE Enters Strategic Partnerships with METAX, ILUVATAR COREX, BIREN TECH
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<Research> JPM Raises KNOWLEDGE ATLAS TP to HKD1,400, Downgrades MINIMAX-W to Neutral, Cuts TP to HKD400
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KINGSOFT CLOUD Raises Prices of AI Computing Power-related Products and Services by 15% to 50%
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BofAS Initiates KNOWLEDGE ATLAS with Buy, TP HKD1,250
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Shanghai and Shenzhen Indices Gain 0.9% to 3.7% at Midday; HUA HONG GRACE Surges Over 8%, Shipping Stocks Rally
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<Research> China Merchants Securities: Alphabet Inc. and OpenAI Price War Intensifies, AI Demand Diverges in Enterprise Budgets
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Daiwa Raises SK Hynix (000660.KS) TP to KRW3.6M, Rating Buy
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China's Market Regulator Summons Sam's Club HQ for Talks
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《HIBOR》1-Month HIBOR Up to 2.74%, Logging 1-month High
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HSBC Research: ENN ENERGY Privatization Failure Expected; Fundamentals Remain Solid
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COSCO SHIP ENGY Jumps 18% as HSBC Research Upgrades to Hold on Potential Reopening of Strait of Hormuz
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Situation Unclear on Reopening of Hormuz; Nearly 600 Vessels Still Stranded in Persian Gulf
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Report: Ex-Shareholder of CHOW TAI FOOK Franchise Store Absconds After Allegedly Taking Over RMB10M+
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<Research> Citi Downgrades ENN ENERGY to Neutral After Privatization Plan Scrapped
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<Research>Daiwa: ENN ENERGY Privatization Fails, but Increased Stake by ENN ; Downside Expected to be Limited
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KB LAMINATES Surges 18% to New High; Citi Raises TP to HKD100
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Intl Oil Prices Stretch Downswing; PETROCHINA, CNOOC Sag 3%+; CATHAY PAC AIR Rallies ~3%
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<Research>G Sachs Names Newly Listed HK Stocks with Potential of Being Included in Southbound Trading (Table)
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