COMPANY NEWS STOCKS VIEWS & ANALYSIS JPMorgan expects BYD to continue to outperform in H2, downgrades Xpeng, Yongda Auto, Zhongsheng >>>
COMPANY NEWS STOCKS VIEWS & ANALYSIS Citi expects AAC Technologies to post weak interim results, opens 30-day negative catalyst watch >>>
COMPANY NEWS STOCKS VIEWS & ANALYSIS Sunny Optical H1 net profit guidance much lower than expectations, target price cut to HK$86 from HK$90 – Goldman Sachs >>>
COMPANY NEWS REAL ESTATE STOCKS Chinese property continue to rally on hopes of policy stimulus, private homebuilders bond issuance with state guarantee >>>
DATA China saw new vessel orders in H1 account for over 70% of global total – industry association >>>
BONDS COMPANY NEWS REAL ESTATE Private homebuilder Seazen to issue 850 mln yuan MTNs with state guarantee >>>
MACRO POLICY & REGULATION China, US agreed to maintain close communications on climate issues, reached consensus on many issues >>>
FOREX POLICY & REGULATION China ramps up efforts to contain yuan’s sharp weakening, relaxes cross-border financing rules to enable more capital inflows >>>
MACRO Chinese President Xi Jinping met former US diplomat Henry Kissinger, said “old friends” won’t be forgotten >>>
MACRO China to invest $36 billion in Algeria in manufacturing and other sectors – Algerian President >>>
COMPANY NEWS Tencent founder Pony Ma published article on state media praising newly released supportive policy for private sector >>>
COMMODITIES DATA China’s lithium carbonate price falls for 7th straight month to hit one-month low >>>
COMPANY NEWS DATA World’s top contract chipmaker TSMC recorded first drop in quarterly profit since 2019 >>>
COMMODITIES COMPANY NEWS STOCKS VIEWS & ANALYSIS HSBC lowered oil price forecast, raised target prices of China’s three oil giants by 1% – 6% >>>
DATA Global smartphone sales fell 8% on year in Q2, falling for 8th consecutive quarter – research >>>
COMPANY NEWS STOCKS VIEWS & ANALYSIS Citi slashed Sunny Optical’s target price to HK$80 from HK$110, lowered net profit forecast >>>
COMPANY NEWS STOCKS VIEWS & ANALYSIS CICC cut Sunny Optical’s target price by 14%, lowered forecast of 2023 profit by 44% >>>
COMPANY NEWS STOCKS VIEWS & ANALYSIS Credit Suisse slashed Sunny Optical’s target price to HK$84 from HK$101 >>>
COMPANY NEWS STOCKS Apple supplier Sunny Optical tumbled more than 13% after it warned up to 70% slump in H1 profit >>>
POLICY & REGULATION VIEWS & ANALYSIS State media People’s Daily calls for regulation on live-streaming to eradicate chaos >>>
COMPANY NEWS R&F Properties Founder reaches agreement with US prosecutor on bribery case, avoids criminal prosecution >>>
DATA MACRO China’s fiscal revenue grew at slower pace in Jun due to base factor, fiscal spending declined for the first time this year >>>
MACRO POLICY & REGULATION US House committee sent letter to fur US venture capital firms on concerns about investment in Chinese tech – report >>>