HK, US stocks top stories
CITIC Securities and Haitong Securities initiate coverage on MiniMax with a "Buy" rating and a target price of 620 yuanTraders adjust interest rate cut forecasts in response to U.S. inflation data, estimating about a 50% chance of a third rate cut this yearSony promotes technology to identify original music used in AI-generated songsThe residential land in Shau Kei Wan was awarded for HKD 1.38 billion, Centaline Surveyors: Transaction price exceeded expectationsIn "Hong Kong Property," KERRY won the residential land on Shau Kei Wan East Street for HKD 1.38 billion, with a floor price exceeding HKD 9,300, surpassing the valuation cap"HK Property" Midland Survey: The transaction price of residential land in Shau Kei Wan far exceeds market expectations, and developers are confident about the future marketCiti upgraded the rating of Bank of East Asia to "Buy," citing attractive valuation and raised the target price to HKD 16In "The Big Banks," Citigroup lowers XPeng's target price to 77 yuan, as rising costs delay breakevenBolaKang Vision Cloud's new drug application for the treatment of presbyopia lotion has been approved for clinical trials in the United StatesCSPC PHARMA's SYH2082 injection approved for clinical use in the United StatesCSPC PHARMA SYH 9089 injection approved for clinical use in ChinaThe short selling in Hong Kong stocks for half a day amounted to HKD 19.2 billion, accounting for 28.2% of the total turnover of shortable stocksIt is reported that Apple has accepted Kioxia (285A.JP) to double the price of flash memory and renegotiate every quarter"Asian Stocks" Asia-Pacific stock markets generally perform well, with Japanese and Indian stock markets rising, while mining stocks such as Rio Tinto fell over 4%