• 2026-04-21 (Tue)   |   20:30
    Retail Sales YoY for Mar in the United States is 4.0%, higher than the previous value of 3.7%.
    Retail Sales YoY for Mar in the United States is 4.0%, higher than the previous value of 3.7%.~



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  • 2026-04-21 (Tue)   |   20:30
    Retail Sales MoM for Mar in the United States is 1.7%, higher than the previous value of 0.6%. The forecast was 1.4%.
    Retail Sales MoM for Mar in the United States is 1.7%, higher than the previous value of 0.6%. The forecast was 1.4%.~



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  • 2026-04-21 (Tue)   |   15:02
    Estee Lauder Seeks EUR5B Financing for Puig Acquisition: Report
    Estee Lauder has appointed JPMorgan to lead a financing package worth around EUR5 billion to complete its cash-and-stock acquisition of Spanish company Puig Brands, according to a report from Expansion.

    It is understood that JPMorgan is coordinating negotiations with other financial institutions. Last month, Estee Lauder and Puig confirmed they were in discussions regarding a potential merger, but they didn't disclose any transaction terms.
    ~



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  • 2026-04-21 (Tue)   |   14:42
    BABA-W-backed AI Video Startup PixVerse Said to Plan HK IPO as Early as This Yr
    PixVerse, an AI video startup backed by BABA-W (09988.HK), is considering an IPO in Hong Kong as early as this year, Bloomberg quoted sources as saying.

    It is reported that PixVerse is working with banks including CICC and JPMorgan to prepare for the listing. However, details like the final timing and valuation may change.

    PixVerse raised US$300 million in a Series C financing round this year, with a valuation exceeding US$1 billion. The company is one of several startups developing AI video systems for advertising, entertainment and social media. Its competitors include OpenAI, ByteDance's Seedance and Alphabet (GOOGL.US).
    ~

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  • 2026-04-21 (Tue)   |   12:06
    Subsiding Safe-haven Demand for USD Prompts Hedge Funds to Add Bearish Bets on USD
    Hedge funds and other asset management companies are increasing their bets on a weaker USD through options, indicating that market sentiment is further shifting in a direction unfavorable to the USD as safe-haven demand eases.
    ~

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  • 2026-04-21 (Tue)   |   11:43
    JPM Positive on Apple Hardware Engineering SVP Succeeding as CEO; Rating Overweight
    JP Morgan issued a research report stating that Apple (AAPL.US) Senior Vice President of Hardware Engineering John Ternus will succeed Tim Cook as CEO, while Cook will transition to Executive Chairman on September 1 and continue to support the company's communication and engagement with global policymakers.

    The broker viewed the announcement positively, noting that companies are endeavoring to develop smartphones and next-generation product form factors amid intensifying market competition, which are expected to become key carriers for the broad application of AI.

    Meanwhile, Apple's elevation of a senior executive focused on products and hardware to the CEO position is therefore significant. At the same time, Apple can continue to benefit from Cook's leadership at the global policy level. The broker assigned an Overweight rating to Apple.
    ~

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  • 2026-04-21 (Tue)   |   10:30
    LI AUTO-W Deepens Collaboration with Amap on Cabin Agent: Wire
    LI AUTO-W (02015.HK) and Amap will engage in in-depth collaboration on cabin agent, with a public announcement expected soon, according to Chinese media. It is reported that LI AUTO-W will become the first automaker to adopt Amap's auto travel AI agent solution.

    Following the partnership, Amap will provide LI AUTO-W with AI-driven navigation and digital cockpit solutions, enabling seamless integration between smartphones and car machine, the report quoted insiders as saying.
    ~

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  • 2026-04-21 (Tue)   |   10:12
    Tencent QClaw Launches Overseas Beta Testing
    Tencent Cloud announced that the overseas beta testing of Tencent QClaw started today (21st). The overseas version, like the China version, features zero-threshold access, requires no deployment, and is ready-to-use upon download.
    ~



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    Underlyings mentioned in the news article: 992, 1810, 3986, 6809, 80992, 81810
  • 2026-04-21 (Tue)   |   09:15
    Central Parity of USD/ RMB Adds 54 bps to 6.8594
    China Foreign Exchange Trade System (CFETS) announced on Tuesday (21st) that the central parity of USD/ RMB added 54 bps from the previous day to 6.8594.
    ~

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  • 2026-04-21 (Tue)   |   08:05
    Trump Willing to Meet Iranian Leaders Personally if Talks Make Breakthrough
    US President Donald Trump said he would be willing to meet senior Iranian leaders if negotiations achieve a breakthrough, foreign media reported.

    Trump's willingness to meet Iranian leaders in person underscores the urgency of the talks, as the US-Iran ceasefire agreement is set to expire on Wednesday (22nd) US time, report said.
    ~

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  • 2026-04-21 (Tue)   |   07:18
    TENCENT Joins Stake in Kazakhstan Fintech Firm Kaspi
    TENCENT (00700.HK) has made its first investment in the Kazakhstan fintech sector through acquiring a stake in Kaspi.kz JSC, foreign media reported.

    Kaspi.kz JSC said in a statement that TENCENT, together with Kaspi co-founder and CEO Mikheil Lomtadze and certain senior executives, purchased 6 million ADRs from Baring Fintech Venture Funds.

    Morgan Stanley acted as financial adviser for the transaction.
    ~

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  • 2026-04-21 (Tue)   |   07:06
    CN NDRC Holds Symposium with Private Firms, Says It Will Actively Expand Effective Domestic Demand
    Zheng Shanjie, Chairman of the National Development and Reform Commission (NDRC), chaired a symposium with private enterprises, engaging in in-depth discussions with executives from firms such as Hailiang Group, XPENG-W (09868.HK), TIANQI LITHIUM (09696.HK) and Luthai Textile.

    The meeting gathered opinions and suggestions on the current economic situation and proactive responses to the complex changes in the external environment.

    In the next phase, the NDRC will effectively enhance the efficacy of macro policies, actively expand effective domestic demand, accelerate the cultivation and growth of new momentum, promoting the standardized development of industrial parks, further enhancing the resilience of industrial and supply chains, and continuously consolidating the trend of a stable and improving economy, the NDRC said.

    Meanwhile, the NDRC will continue to deepen regular communication and exchanges between the government and enterprises, fully leverage its role in coordination and planning, and adopt an integrated point-and-area approaches to help enterprises overcome difficulties, thereby continuously promoting the healthy development of the private economy.
    ~

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  • 2026-04-20 (Mon)   |   16:06
    Iranian President Urges Easing Tensions Through Diplomatic Channels Despite Distrust of US
    Regarding the Iran-US tensions, Iranian President Masoud Pezeshkian stressed that all rational diplomatic channels should be utilized to put out the flames, Iran's state news agency reported.

    That said, Pezeshkian acknowledged an undeniable fact that Iran is maintaining vigilance and a sense of distrust when engaging with the US.

    The two-week ceasefire agreement between Iran and the US will expire on Wednesday (22nd). A US delegation arrived in Islamabad on Monday (20th) for talks, while Tehran has yet to announce whether it will send a delegation to Pakistan.
    ~



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    Underlyings mentioned in the news article: 175, 80175
  • 2026-04-20 (Mon)   |   15:32
    BABA-W Releases Qwen3.6-Max-Preview
    BABA-W (09988.HK) launched today (20th) the Qwen3.6-Max-Preview. Qwen-Max is the highest-performing large model in the Qwen series. Compared with the recently launched Qwen3.6-Plus, the Qwen3.6-Max-Preview is said to have demonstrated improvements in agentic AI-based coding, world knowledge, and instruction-following capabilities.
    ~



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  • 2026-04-20 (Mon)   |   13:03
    Citi Lifts WUXI APPTEC (02359.HK) TP to $158.5 w/ Rating Buy
    Citi Research issued a research report lifting its target prices for WUXI APPTEC (02359.HK)'s H-/ A-shares from $156/ RMB138 to $158.5/ RMB140, with ratings at Buy, reflecting a 2% upward revision to revenue and EPS forecasts, based on Citi Research's optimistic outlook for Eli Lilly and Company (LLY.US)'s tirzepatide and orforglipron projects.

    The broker estimated that these projects will drive robust growth in WUXI APPTEC's TIDES business, forecasting a 40% YoY growth rate for the segment in 2026.

    Citi Research also estimated that, if orforglipron is launched in China in 2027, PHARMARON (03759.HK) will benefit, as its cooperation with Eli Lilly could further expand from orforglipron DP manufacturing in China.
    ~


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  • 2026-04-20 (Mon)   |   12:59
    PONY-W Launches Unmanned Robotaxi Testing in Dubai, Expects Public Service Rollout in 2H26
    PONY-W (02026.HK) has commenced unmanned Robotaxi testing in Dubai, the UAE, as announced by PONY-W.

    PONY-W expected to launch commercial Robotaxi services for the public in Dubai in 2H26, with a fleet size reaching several hundred vehicles, according to its plan.
    ~

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  • 2026-04-20 (Mon)   |   12:42
    Citi Trims TENCENT (00700.HK) TP to $783, Sees Solid 1Q Game & Advertising Biz
    Citi Research issued a research report expecting that TENCENT (00700.HK) will release its 1Q26 results on 13 May.

    The broker estimated TENCENT's 1Q26 game and advertising businesses to be solid, and forecasted total revenue for the period to increase 9.9% YoY to RMB197.9 billion. Non-GAAP net profit is also projected to rise 9.7% YoY to RMB67.2 billion, broadly in line with market consensus.

    Benefiting from Lunar New Year (LNY) seasonality and stable performance of evergreen games, overall online game revenue is predicted to grow 11.7% YoY to RMB66.4 billion, with domestic/ international game revenues increasing 10%/ 16% YoY respectively.

    Therefore, Citi Research trimmed its target price for TENCENT from $787 to $783, and considered the current valuation attractive, with rating reiterated at Buy. The broker also believed that Hunyuan 3.0 and WeChat AI agents will help consolidate TENCENT's AI positioning.
    ~

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  • 2026-04-20 (Mon)   |   10:34
    JD Wins RMB660M Bid for Hangzhou Commercial Site to Build Zhejiang Regional HQ
    Hangzhou Jingdong Jiwei Information Technology (literal translation of "杭州京東霽緯信息技術") won the bid for a riverside commercial site in the core area of Qianjiang Century City, Hangzhou, at a total consideration of RMB663 million. The site will be used to build JD.com's Zhejiang regional headquarters.

    At the same time, the company plans a total investment of approximately RMB2 billion to develop a regional center integrating office, technology and JD MALL functions, accommodating more than 4,000 employees.
    ~

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  • 2026-04-20 (Mon)   |   10:24
    Tesla: No Current Plan to Churn out Robots at Shanghai Gigafactory
    Regarding market speculation that Tesla (TSLA.US) is set to churn out robots in Shanghai, Securities Times learned from Tesla China that the company currently has no specific plan to mass produce robots at its Shanghai Gigafactory, describing reports claiming that Tesla is about to mass produce robots in Shanghai as incorrect information.
    ~

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  • 2026-04-20 (Mon)   |   09:43
    XIZHI TECH-P (01879.HK) Entry Fee $2,775.71; Cornerstone Investors Include Temasek/ BABA-W/ Others
    XIZHI TECH-P (01879.HK) started its IPO today (20th), with a global offering of approx. 13.7952 million shares, including about 689,800 shares for the Hong Kong offering.

    The offer price ranges from $166.6 to $183.2 per share, while the entry fee for a board lot of 15 shares is $2,775.71. The IPO period will run until Thursday (23rd), and the shares are expected to be listed next Tuesday (28th). CICC and Guotai Haitong are its joint sponsors.

    The Company introduced cornerstone investors subscribing for shares worth $1.644 billion, including BABA-W (09988.HK)'s Alibaba Investment, BlackRock(BLK.US), Temasek, UBS AM and LENOVO GROUP (00992.HK), etc..
    ~



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