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17/09/2025
UBS: The target price for the STOXX 600 Index at the end of this year has been raised from 500 points to 600 points, and the expected target price at the end of 2026 is set at 650 points.
Latest
2 m ago
DCE Solicits Public Opinions on Thermal Coal Futures Options Contract.
3 m ago
Former Party Secretary and Director of the State-owned Assets Supervision and Administration Commission of Anhui Province, Xu Chongxin, has been expelled from the party.
4 m ago
NIO: Completes $1.16 Billion Equity Issuance
4 m ago
NIO announces that the company has completed a $1.16 billion equity issuance, including the issuance of 161 million American Depositary Shares (ADS) representing Class A common shares of the company, and the issuance of 20.995 million Class A common shares of the company. Additionally, the underwriters have fully exercised their option to purchase an additional 27.2727 million ADS of the company by September 10, 2025. The ADS were sold at a public offering price of $5.57 per ADS, and the Class A common shares were sold at an offering price of HK$43.36 per share. The company plans to use the net proceeds for the research and development of core technologies for smart electric vehicles, the development of future technology platforms and models under its brand, expanding the charging and battery swapping network, further strengthening its balance sheet, and for general corporate purposes.
4 m ago
Southbound funds today showed a significant net buying of 9.44 billion yuan. In terms of the Hong Kong Stock Connect (Shanghai) program, Alibaba-W and Meituan-W saw net buying of 2.156 billion Hong Kong dollars and 1.179 billion Hong Kong dollars respectively; Xiaomi-W had the highest net selling amount at 1.057 billion Hong Kong dollars; In the Hong Kong Stock Connect (Shenzhen) program, Alibaba-W and Meituan-W saw net buying of 2.895 billion Hong Kong dollars and 0.921 billion Hong Kong dollars respectively; Kangfang Biotechnology had the highest net selling amount at 0.265 billion Hong Kong dollars.
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