Express News | BOC International: Topsports' profit warning indicates weaker-than-expected retail sales of sportswear.

BreakingsSep 11 14:30

Hong Kong stock opportunities tracking | Alibaba's first day of inclusion in the Hong Kong Stock Connect saw a surge in trading volume of over 10 billion yuan; BYD has recently seen multiple executives increase their shareholding.

The European Union is considering lowering the proposed tariffs on electric vehicles from China; Sino-Ocean Group announced progress in debt restructuring.

Futu NewsSep 11 07:55

Why do sports giants come up with huge buy-back plans?

In recent years, the stock prices and performance of leading sports brands have been disappointing, while the management's performance has been generally strong - investing in cash reserves and carrying out large-scale share buybacks.

巨潮WAVESep 3 10:13

In the first half of the year, the revenue was 7.203 billion yuan. Ding Shuibao, CEO of Xtep International, stated that the company is focusing on the running business and has plans to expand overseas. This was reported in the earnings conference.

In the first half of this year, Xtep announced the strategic sale of its fashion sports business of GSW and Palladin brands, and focused resources on running business, increasing investment in Saucony brand. This move is regarded as an important adjustment to Xtep's global strategy. Xtep's e-commerce revenue recorded growth of over 20% in the first half of this year, with retail sales on Douyin, D2C, and WeChat Video increasing by more than 80% year-on-year.

cls.cnAug 20 21:49

Hong Kong stock market outlook: China Hongqiao's net income for the first half of the year increased by 273% to 9.155 billion yuan; Hang Seng Index announced the quarterly results, involving multiple companies including New Oriental.

S&P, NASDAQ have risen for 7 consecutive days, and the three major indexes have achieved the largest weekly increase this year; important adjustments to the information disclosure mechanism for Shanghai-Hong Kong Stock Connect trading will be made on August 19; the expectation of a rate cut by the Federal Reserve has pushed gold up to $2,500, setting a new record high.

Futu NewsAug 19 08:08

Mid-day overview | All three major indices collectively rose by over 1%, with jd.com leading the network technology stocks with a rise of over 7%, while Alibaba rose by about 3% after its earnings announcement.

Most of the network technology stocks rose, JD.com rose more than 7%, Baidu rose more than 3%, Alibaba rose nearly 3%, Meituan rose more than 2%, and Tencent rose more than 1%.

Futu NewsAug 16 10:19