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<Research>Citi Bullish on TENCENT as AI Strategy Gradually Materializes; Core Profit Continues to Grow
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State Administration for Market Regulation to Revise Price Law and Other Regulations, Strictly Investigate Algorithm-related Violations
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<Research> CICC Raises JD LOGISTICS TP to HKD19.4; 1Q Results Beat, Launches Shareholder Returns for First Time
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AI Chipmaker Cerebras Systems Becomes World's Largest IPO This Year, Raising USD5.55B
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Rising Rate Hike Expectations as US 30Y Treasury Auction Yield Tops 5% for First Time Since 2007
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WERIDE-W Dives 2%+ as 1Q Loss Widens to RMB390M; Citi: LT Growth Outlook Intact
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Xi Holds Talks with Trump
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<Research> Citi Cuts GCL TECH TP to HKD1.3, Expects Full-Year Loss
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POP MART Sags 2%+ as Citi and CLSA Cut TPs
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BIDU-SW Opens 7% Higher; Citi: BIDU-SW Positioned as Leader in Emerging 'Agentic AI' Era
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<Results>SAMSONITE 1Q Net Profit USD32.2M, Down 33.2%; USD50M Share Buyback Plan Unrolled
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<IPO> Dannuo Pharmaceutical Starts IPO Today; Entry Fee HKD3,823.17 per Lot; WUXI APPTEC Participates in Early-stage Investment
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<H Shrs>HSI Opens Up 448 pts; BABA-W Swells ~8% Post-Results
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BABA-W Opens 7.8% Higher; UBS Lifts TP to HKD179
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Shanghai and Shenzhen A-share Indices Open 0.3% to 1.2% Higher; CPO Concept Stocks Perform Well; LQKJ Surges Over 8%
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TIGERMED Plans to Spend Up to RMB1B to Repurchase A Shares
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SBP GROUP Announces Preclinical Data of Innovative Drug TQF6422 at European Congress on Obesity
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TENCENT Opens 2.5% Higher as 1Q Non-IFRS Net Profit Rises 11% In Line
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FOSUN PHARMA Granted Exclusive Commercialization Option for Alzheimer's Disease Therapy
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Xi to Hold Ceremony to Welcome Trump to China
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