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HTSC Plummets 9% on Plan to Issue $10B Zero-Coupon Convertible Bonds Due 2027
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<Research>UBS Prefers ICBC/ CCB/ CITIC BANK/ BANK OF CHINA, Holds Constructive View on CN Banks w/ 5%+ Div. Yield
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<Research>Daiwa Expects Structural Recovery in CN Stocks' 2025 Results w/ Limited Surprises; 65% of Consumers See Profit Deterioration
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<H Shrs>HSI Repeatedly Leaps 54 Pts at Midday, but TENCENT/ KUAISHOU Subtract; Banks & Homebuilders Gain
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BofAS Expects AI Innovation to Replace Real Estate as New Engine for CN Economy
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<Midday Takeaway>HSI Closes Midday at 26,830, Up 54 pts; HSTI Closes Midday at 5,453, Down 72 pts; TENCENT Down over 3%; MTR CORPORATION, POWER ASSETS, CIMC, ZOOMLION, FIH Hit New Highs
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Bloomberg: Mkt Concerns Over Potential VAT Hike on CN Techs; HSTECH Slips to Bear Mkt Edge
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RBA Lifts Interest Rate by 25 bps to 3.85%, in Line; AUD/USD Rises 1%
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<Research>BOCI Keeps Buy on XIAOMI-W with TP HKD47.88
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Listed IPO INSILICO Spikes 13% to Log New Listing High on $39M Milestone Payment Received Following First-in-patient Dosing for MEN2501
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《HIBOR》1-Month HIBOR Down to 2.51%, Sinking for 8 Days Logging 1-month Low
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Various CN Tea & Dining Brands Hike Prices or Scale Back Discounts
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NEW WORLD DEV: Pre-leasing Rate of K11 ELYSEA in Shanghai 50%+; Intake to Begin in 2H26
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<Research>Citi: VAT Rate Adjustment Expected to Have ~3% Potential Impact on Service Rev. of 3 Big Telecoms
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<Research>BOCOMI Keeps Buy on GWMOTOR; Investment Ramp-Up Affects Profit
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<Research>CICC Expects ST Pressure on Shr Prices of CN Telecoms
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<Research>JPM Estimates CN Telecom VAT Hike to Have Least Impact on CHINA MOBILE
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JD-SW 7Fresh Kitchen Becomes BJ 1st Officially Filed Online Exclusive Elderly Meal Assistance Service Provider
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<Research>Citi: High-Net-Worth Consumers' Preference for Gold Collection Favors LAOPU GOLD; VIC Biz Potential Immense
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HSI Once Rebounds 350 Pts, Last Slips 200+ Pts as Heavy-weighting Techs Dent Mkt; KUAISHOU/ BIDU/ TENCENT Wane 5-6%
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