SGX:O5RU.SI:AIMS APAC REIT
AIMS Financial Group has raised its stake in AIMS APAC REIT to 18.7% after acquiring an additional 7% stake — over 57 million units — from ESR HK Management, a substantial unitholder under ESR Group.
Chairman George Wang stated the move reflects strong confidence in the REIT’s long-term growth and management’s execution. CEO Russell Ng added that the increased stake aligns the sponsor’s interests more closely with unitholders.
For the half-year ended March 31, the REIT’s distribution per unit rose 4.7% YoY to S$0.0493, backed by resilient operational performance.
AIMS APAC REIT holds S$2.1 billion in total assets and has a market capitalisation of approximately S$1.1 billion.
HK:09866.HK:NIO-SW
Electric carmaker NIO-SW jumped 10.8% after CICC praised its Onvo L90 pre-sale.
HK:01211.HK:BYD
BYD Company also saw notable gains in the auto segment.
HK:09618.HK:JD-SW
CMBI, Nomura, UBS, and CCBI issued reports forecasting sharp profit declines for JD.com in Q2 due to heavy investment in its food delivery business.
CMBI: Net profit to drop 68%, TP cut to US$50.
Nomura: Profit down 60%, TP revised to US$45.
UBS: TP slashed to HKD195.
CCBI: Food delivery investment expected to spike to RMB13B in Q3.
HK:01024.HK:KUAISHOU-W
Jet Li has joined Kuaishou-W, engaging fans via short videos discussing martial arts, films, and philanthropy. His presence has gone viral.
HK:09988.HK:BABA-W
Citi predicts Alibaba’s FY1Q26 EBITA to fall 15% YoY, cutting TP to HKD144.
BofA Securities lowered TP to US$132 due to margin pressure.
CCBI also slashed TP to HKD146.1 amid growing instant retail investment.
Taobao Instant Commerce and Ele.me hit a new record with 80 million daily orders.
HK:03690.HK:MEITUAN-W
BofA Securities cut TP to HKD136 but reiterated Buy rating.
HK:00700.HK:TENCENT
CICC maintained Outperform rating on Tencent, with TP at HKD600.
HK:01057.HK:Zijin Mining
Zijin Mining beat expectations with strong preliminary results and gold output.
HK:01088.HK:China Shenhua
Citi rated Buy; Morgan Stanley noted Q2 stability and possible coal rebound.
UBS expects earnings beat with TP at HKD31.7. Despite a 1.4% drop in coal output and 18.4% profit warning, shares rose nearly 4%.
HK:00655.HK:China Resources Gas
HSBC downgraded China Resources Gas to Underweight; upgraded Kunlun Energy to Buy.
HK:00398.HK:Times Electric
Citi favored Times Electric amid slowing earnings at parent CRRC.
HK:06606.HK:J&T EXPRESS-W
Morgan Stanley kept Equalweight rating, raised TP to HKD9.5.
HK:01378.HK:China Hongqiao
HK:02600.HK:CHALCO
UBS raised TPs for both companies citing strong aluminum demand.
HK:02057.HK:LAOPU GOLD
Morgan Stanley, Goldman Sachs, BofAS, and Citi remain bullish.
TPs range from HKD1,055–1,084.
Goldman Sachs expects net profit to surge 2.8x YoY.
BofAS sees FY2025 profit at RMB4.5B.
HK:06060.HK:POP MART
Morgan Stanley optimistic on Pop Mart and Laopu Gold, but cautious on Haidilao and Mengniu Dairy.
HK:01766.HK:CRRC
CRRC surged 7% on expected 60–80% net profit growth in 1H25.
HK:03323.HK:CNBM
CNBM gained over 8% after forecasting a profit swing to RMB1.35B.
HK:09992.HK:MEITUAN-W
Meituan-W reported record orders with 34-minute average delivery time.
HK:02262.HK:GUMING
HTSC started coverage on Guming with Buy rating and TP of HKD35.27.
HK:02899.HK:ZIJIN MINING
Zijin Mining opened 1% higher on expected 54% YoY interim profit growth to RMB23.2B.
HK:00002.HK:HSBC HOLDINGS
HSBC repurchased over 4.03M shares last Friday, totaling nearly US$390M.
HK:02007.HK:COUNTRY GARDEN
Country Garden reiterated its Q3 home delivery goal.
HK:00175.HK:GEELY AUTO
Geely Auto overhauled its Geely Galaxy marketing group for strategic brand enhancement.
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