马来西亚贸易部长：全球经济增长和全球贸易对马来西亚出口的影响将超过货币波动。 ...

李嘉诚向美国贝莱德财团出售海外港口所引发的舆论风波仍在持续发酵，近日，又有最新消息传来，长和集团已经开始想方设法的"变换手法"，以求继续推 进与美国财团交易港口。那他们的具体动作是怎样的呢？根据目前曝出来消息，长和集团是准备将售卖的43个港口一分为二，一部分是41个相对不敏感的港 口，另一部分是2个相对敏感的港口。前者卖给加拿大，后者卖给美国的贝莱德公司，其目的很明显就是想以此绕过国家审查。只能说，李嘉诚现在是真的 铁了心要一条道走到黑了。 话说回来，即便现在李嘉诚向美国霸权"秒跪"，难道就能换来安宁吗？显然是不可能的。依照美国的霸权行事风格，你越是妥协屈服于美国的霸权淫威，那 么最后的结果就只会进一步遭到美国的"收割"和打压，继而进一步的对美方妥协，直到自身利益被美国"剥夺"完了为止，当自身失去了利用价值后，美国就 会一脚将你踢开。在这之前，无数的实例早已证明了这一点。总而言之一句话，没有脱离国家利益的资本安全，也没有凌驾于主权之上的商业逻辑。何去何 从，长和应当作出明智的抉择。 之所以这件事会引起舆论的高度关注，主要就是因为该事件的时间点，恰好处在美国特朗普政府多次强调要"收回"巴拿马运河的特殊背景下，也 ...

Core Viewpoint - Morgan Stanley has raised the target price for Zhejiang Hu-Hang-Yong (00576.HK) by 4%, from HKD 6.8 to HKD 7.1, while maintaining a buy rating [1] Financial Performance - The company is conservatively expected to achieve a compound annual growth rate (CAGR) of 2-3% in revenue and net profit after tax (NPAT) for the fiscal years 2025/2026, primarily due to its significant exposure to Chinese export demand [1] - The company’s dividend per share is expected to remain flat, having increased to RMB 0.385 last year, with a projected dividend yield of 6.5% for the fiscal years 2025/2026, which is among the highest in the Chinese peer group [1] Market Performance - The company reported strong performance in Q1 2025, prompting an update to its financial model [1] - Year-to-date, the company's stock price has risen by 13%, significantly outperforming the CSI 300 index [1] - The strong performance is attributed to a shift in investor sentiment towards defensive stocks amid a macro environment characterized by trade tensions [1]

港股本地消费股盘中持续拉升，周大福(01929.HK)涨超6%，周生生(00116.HK)涨2.7%，普拉达 (01913.HK)涨超2%，莎莎国际(00178.HK)涨1.6%。 ...

智通财经5月6日电，截至发稿，耀才证券金融(01428.HK)涨18.36%。消息面上，耀才证券金融发布公告 称，上海云进信息技术有限公司通过旗下子公司蚂蚁财富，以每股3.28港元的价格向耀才证券发起要约 收购，较股份停牌前收盘价每股2.79港元溢价约17.6%。公告显示，买卖双方已于4月25日订立购股协 议，交易股份约8.58亿股，总现金代价为28.14亿港元，且已支付了10%的定金。 耀才证券金融涨超18% 近日获蚂蚁斥资28.14亿港元收购 ...

港股耀才证券金融今日再度走高，盘中一度涨超19%至8.45港元，再创历史新高，市值超143亿港元。4 月25日复牌至今的5个交易日，该股累涨177%。 ...

智通财经APP获悉，中金发布研报称，基本维持渣打集团(02888)2025e盈利预测，由于关税带来的潜在 不确定性，该行下调2026e归母净利润14%至39.6亿美元。当前股价对应0.7x 2025e P/B和0.7x 2026e P/B。维持跑赢行业评级和目标价不变，对应0.8x 2025e P/B和0.8x 2026e P/B。渣打集团发布1Q25业 绩，经调营收同比增长5%至54亿美元，经调归母普通股净利润同比增长8%至15亿美元，均超市场预 期，主要由于财富管理与全球金融市场业务板块表现较好。 中金主要观点如下： 1Q25年化信用成本微升至31bp 信贷减值支出同比增长24%至2.2亿美元，主要是零售银行业务板块中部分无抵押贷款1.8亿美元因利率 上行而出现还款压力，企业银行业务板块信贷减值支出较少，存在回拨。中国香港对公房地产敞口22亿 美元，不到公司总贷款的0.5%，且83%有抵押，平均LTV约40%，损失影响可控。中国内地对公房地产 敞口20亿美元，其中14亿美元认定为风险资产，已计提减值准备89%，考虑抵押品价值后已覆盖94%。 风险提示：非息收入增长不及预期，资产质量走弱超预期，关税政策超预 ...

Group 1 - Non-alcoholic beverage stocks in Hong Kong are experiencing strong fluctuations, with notable gains in several companies [1] - Cha Bai Dao (02555.HK) has surged over 13%, indicating significant investor interest [1] - Other companies such as Gu Ming (01364.HK) and Nongfu Spring (09633.HK) have also seen increases of 2.7% and 2.5% respectively, reflecting a positive trend in the sector [1] Group 2 - China Resources Beverage (02460.HK) and Uni-President China (00220.HK) both rose by over 1%, contributing to the overall strength of the non-alcoholic beverage market [1]

Core Viewpoint - CICC maintains a positive outlook on WH Group (00288), projecting net profit attributable to shareholders of $1.614 billion and $1.683 billion for 2025 and 2026 respectively, with a target price of HKD 8.56 per share, indicating approximately 23.9% upside potential from the current stock price [1] Group 1: Financial Performance - In Q1 2025, WH Group's revenue reached $6.554 billion, a year-on-year increase of 6.0%, while operating profit was $598 million, up 19.4% year-on-year, and core net profit attributable to shareholders was $364 million, reflecting a 20.9% increase year-on-year [2] - The profit performance in Q1 2025 slightly exceeded market expectations, primarily due to improved profitability in the U.S. farming business [2] Group 2: Domestic Business - In Q1 2025, the sales volume of meat products in the domestic market decreased by nearly 17.4%, with a profit per ton of approximately RMB 4,700, down 5.2% year-on-year [3] - Slaughtering volume in Q1 2025 increased by 11.8% year-on-year, with average profit per head rising by 11.6%, attributed to an increase in customer base and network coverage, alongside reduced competition [3] - The company's other segments, which include farming, saw a reduction in losses by RMB 140 million year-on-year, mainly due to improved controllable cost indicators in farming [3] Group 3: U.S. Business - In Q1 2025, the operating profit for meat products in the U.S. declined by 7.7%, with sales volume down approximately 3.7%, and profit per ton at $894, a decrease of 4.2% year-on-year, attributed to rising raw material costs and a delay in Easter [4] - The upstream farming business in the U.S. reported a profit of $17 million in Q1 2025, a significant improvement from a loss of $170 million in the same period last year, driven by rising hog prices [4] - Slaughtering profit contribution in Q1 2025 decreased by 27% year-on-year, as the increase in hog prices was less than the rise in live hog prices [4] Group 4: Outlook for 2025 - For domestic operations, the slaughtering business is expected to continue expanding its customer base and increasing slaughter volume, with further improvements in profitability for farming operations anticipated [5] - The meat products segment is projected to see improved sales starting from Q2 2025 as channel adjustments stabilize and inventory levels recover [5] - In the U.S., meat product profitability is expected to remain stable despite rising hog prices, as the company can pass on costs through pricing formulas and efficiency optimizations, with robust demand for meat protein [5]

恒生科技指数日内跌超1%，汽车股走弱，蔚来汽车(09866.HK)跌超4.5%，小鹏汽车(09868.HK)跌4%， 舜宇光学科技(02382.HK)跌超3.6%。 ...