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The Hang Seng Index closed at 19,825 points for the half-day, down 73 points or 0.4%. The Hang Seng Technology Index was at 4,027 points, down 11 points or 0.3%. The China National Index fell 33 points or 0.5% to 6,773.
Galaxy Entertainment (00027.HK) -1.250 (-2.973%) Short Sell $5023M; Ratio 46.530% Announced net income of $4.1B for the first quarter of the year, down 20% y/y and 14% q/q; Adjusted EBITDA of $575M, down 33% y/y and 45% q/q.
Market sources said that Sunac China 0.000intends to actively resolve its debt problems through overseas debt rollover and communicate with potential war investors with higher credit ratings, including state-owned enterprises and central enterprises, both at the project and group levels, with the expectation that the introduction of war investors will accelerate the improvement of the company's overall credit position, quickly restore its financing ability and re-enter a healthy development track. We expect to accelerate the improvement of the company's overall credit standing through the introduction of a venture capitalist, so as to quickly restore its financing capacity and get back on track.
Translated with www.DeepL.com/Translator (free version)
Data from the U.S. Department of Commerce's Bureau of Economic Analysis showed that U.S. real GDP in the first quarter was -1.4% annualized quarter-over-quarter preliminary, lower than the 1% expected by the market and lower than the 6.9% in the fourth quarter of last year. The stock market has been shaken this week, and market opinions on the aftermath are divided. At the request of 61 Financial VIP subscribers, this week's research report analyzes Amcor Limited, a packaging products manufacturing company that is less sensitive to changes in the market environment
Indonesia's first quarter GDP contracted 0.96% from four seasons, but the annual inflation rate rose to 3.5% in April, a nearly four-and-a-half-year high and exceeded expectations, Indonesia's Jakarta Composite Index to bear yesterday's long holiday after the resumption of the market closed low to vomit 4.4% of the decline, fell further to 6,662 this morning, now at 6,695, continued to fall 3.1%. Philippines, Singapore and Australia and New Zealand stocks fell more than 1%.
This week, the Houthi group in Yemen attacked the UAE, raising geopolitical risks as investors fear a potential disruption in the oil supply chain as a result, exacerbating an already tight supply outlook.
The government launched the first batch of green retail bonds and closed for subscription at 2 p.m. yesterday. A government spokesman said that the information obtained from the placement agency, the initial subscription amount of about $32.88 billion, the number of subscribers about 493,000
The dollar rose to a two-year high on growth woes and the Fed outlook, and the central bank reinforced its commitment to an ultra-low-yield policy on Thursday, causing the yen to fall below $130 against the dollar for the first time since 2002.
US biopharmaceutical company Gilead Sciences (GILD.US) -0.030 (-0.049%) announced first quarter results. Quarterly net income of US$19 million, a significant decrease of 99% y-o-y. Quarterly diluted net income per share of US2.0 cents, or US2.12 on an adjusted basis, was higher than market expectations of US1.81. Quarterly revenue of $6.59 billion rose 3% year-over-year, ahead of market expectations of $6.27 billion.
Meituan affiliate Tianjin Sanfast Technology invested to set up a private equity company, equity pe*******on shows that the company is held by Meituan +0.800 Short Sell $1,158M; Ratio 14.656% Affiliates Tianjin Sanfast Technology Co. and Wuhu Meichen Enterprise Management Co.
Dow component 3M Company (MMM.US) -4.380 (-2.948%) reported first quarter results. Quarterly net income was $1.299 billion, down 20% y/y. Quarterly diluted net income per share of $2.26, adjusted for $2.65, was higher than market expectations of $2.31. Quarterly net sales of $8.829 billion were down less than 1% year-over-year.
U.S. interest rate hike is expected to continue to rise, the Hong Kong dollar this morning (26) had fallen to 7.8478 hit more than two and a half years low, spot U.S. electricity new report 7.8455. Hong Kong dollar is approaching 7.85, and may test the weak exchange rate guarantee in a few days / weeks. Under the linked exchange mechanism, the HKMA will step in to buy the Hong Kong dollar, thus draining Hong Kong dollar liquidity and pushing up local interest rates.
Market risk aversion intensifies Bitcoin now down 3% as global stock markets plunge and money flows out of the cryptocurrency market, with Bitcoin now down 3.2% to $38,521 and Ether also down 4.6% to $2,814 according to coindesk.
The US manufacturing PMI hit a seven-month high in April, rising to 59.7 from 58.8 in March and beating market expectations, but the services PMI fell to 54.7 from 58 in March, which had been broadly unchanged.
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