GJXIAMI@EC2612C (13215.HK) Latest News & Headlines | Longbridge

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Hong Kong Stocks Close Lower; Hang Seng Dips 0.52% as Pharma Rallies, China Banks Drag
Market Pulse·1 hour ago
- Hong Kong stocks closed lower on Sep 3, with the Hang Seng Index falling 0.52 % to 25716.92 points and the Hang Seng Tech Index dropping 0.93 %. - Healthcare, insurance, and domestic property sectors bucked the trend to post gains, driven by continuous northbound capital inflows into biotech. - Domestic banking and major tech stocks faced widespread pressure, dragging down overall market performance.
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Hong Kong Stocks: Hang Seng Turns Negative in Afternoon; Pharma, Property, Insurers Buck Trend as Tech Slides
Market Pulse·3 hours ago
- Hong Kong stocks turned down in the afternoon on September 3, with the Hang Seng Index falling 0.28 % to 25239 points and the Hang Seng Tech Index dropping 0.79 %. - Pharmaceutical and real estate stocks strengthened against the market, driven by favorable corporate licensing deals and signs of recovery in core city second-hand housing markets. - Meanwhile, major internet technology and commercial banking stocks experienced a general pullback, while mainland capital continued its net inflows for the sixth consecutive day.
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Hong Kong Stocks Midday: Hang Seng Edges Up 6 Points; Pharma Rallies, Xiaomi Drops Over 3%
Market Pulse·5 hours ago
- At the morning close on September 3, 2026, Hong Kong stocks mixed with the Hang Seng Index up 6.28 points to 25317.49 points and a total turnover of approximately 1050 billion HKD. - Sector performance showed strength in pharmaceutical and mainland property stocks, while technology and mainland banking stocks experienced declines. - The market moves were driven by policy catalysts in the pharmaceutical sector and new real estate stimulus measures, alongside shifting institutional ratings and capital flows.
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Geely Galaxy TT set for September 10 launch with pre-sales price from $21,520
CnEVPost·6 hours ago
- Geely Auto will officially launch its all-electric Galaxy TT sedan in Hangzhou on September 10, with pre-sales for rear-wheel-drive variants starting from 145,900 yuan ($21,520). - The vehicle features an 800-volt platform, a custom CATL 6C battery supporting rapid charging, and advanced smart driving technology, aiming to compete with models like the Xiaomi SU7. - This launch serves as a major pillar for boosting domestic sales amid a shifting market landscape where overseas shipments currently drive the company's overall growth.
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Xiaomi declines 3% ahead of Sept. 7 flagship launch event
HK Stock Market Update·6 hours ago
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Geopolitics weigh on global mkts; LLMs sprint｜Daily News Recap
1 day ago, 08:31 AM
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Hong Kong Stocks Close Lower; Hang Seng Edges Down 0.07% as Mainland Banks Rise, EV Makers Retreat
Market Pulse·1 day ago, 08:20 AM
- On September 2, Hong Kong stocks closed slightly lower, with the Hang Seng Index falling 0.07% to 25311.21 points amid cautious global sentiment. - Sector performances diverged significantly, as state-owned major banks and certain tech firms strengthened, while new energy vehicles and resource stocks pulled back. - Key corporate developments included Simcere Pharmaceutical rising nearly 8% after partnering with Roche, and major real estate stocks showing extreme polarization.
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HK Market Midday: Hang Seng Pares Losses to Under 100 Points; NEV Stocks Slide Broadly
Market Pulse·1 day ago, 06:19 AM
- On September 2 afternoon, Hong Kong stock indices narrowed their losses, with the Hang Seng Index down 0.36% to 25,239.12 points and a total half-day turnover of about 1196 billion HKD. - Sector performances varied significantly, as technology stocks diverged, new energy vehicle stocks dropped collectively with Li Auto falling over 4%, and biomedical stocks showed localized resilience. - Market sentiment remained pressured by ongoing concerns over vehicle delivery data and corporate earnings, alongside general declines in Chinese brokerage, gold, and semiconductor stocks.
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Hong Kong Midday: Hang Seng Down 0.96% as Gold Miners, EV Stocks Slide; Biotech Bucks the Trend
Market Pulse·1 day ago, 04:20 AM
- Hong Kong stocks closed lower at noon on Sep 2, with the Hang Seng Index falling 0.96% to 25,087 points and a total turnover of about 68 billion HKD. - Gold, non-ferrous metals, new energy vehicles, and Chinese brokerage stocks led the market decline, driven by factors such as Middle East tensions and downward target price adjustments. - Biomedical stocks and specific companies like Kingboard Laminates and Xiaomi bucked the trend to show gains, supported by factors including strong net profit growth and upcoming product launches.
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HK Market Midday: Hang Seng Drops Over 1%, Gold Stocks Tumble While Pharma Bucks Trend
Market Pulse·1 day ago, 02:19 AM
- On September 2, Hong Kong stock indices declined across the board, with the Hang Seng Index falling over 1% and testing the 25000 mark. - Affected by factors such as rising US-Iran tensions, climbing global bond yields, and falling gold prices, gold stocks suffered severe losses. - Meanwhile, tech stocks generally dropped, while pharmaceutical stocks and certain individual shares bucked the trend to strengthen.
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Xiaomi declines 2% in Hong Kong ahead of Sept. 7 flagship event
HK Stock Market Update·1 day ago, 01:50 AM
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Xiaomi to launch Sky Nomad EREV SUV lineup on September 7
CnEVPost·1 day ago, 01:29 AM
- Xiaomi will officially launch its Sky Nomad EREV SUV lineup, including the N70 Pro, N70 Max, and N90 Max, on September 7. - The new models feature dual-motor all-wheel-drive systems, Xiaomi's HAD driver-assistance powered by an Nvidia Drive Thor chip, and extended ranges. - This vehicle rollout serves to expand Xiaomi's portfolio into the EREV segment and aid the company in meeting its annual delivery target of 550,000 vehicles.
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Bits, Atoms, and the Margin: Dispatches from the Ecosystem Divide
Global Report·1 day ago, 11:32 AM
- Xiaomi Group-W reported 2026 Q2 revenue of 1089 billion RMB alongside a 25.9 % rise in smartphone ASP. - Wynn Macau achieved a 5.7 times surge in 2026 H1 net profit to 15.5 billion HKD driven by high-end offline demand. - China Coal Energy posted 81.49 billion RMB in 2026 H1 net profit maintaining strong pricing power and high dividends.
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Inside the Fringes of HK Equities: Xiaomi's EV Milestone and Small-Cap Strategic Shifts
Global Report·1 day ago, 10:13 AM
- Xiaomi Group experienced robust growth as its August vehicle deliveries exceeded 30,000 units while maintaining confidence in its long-term strategy. - Dekang Agriculture demonstrated valuation confidence by conducting continuous share buybacks totaling over 8 million HKD, while MicroPort Scientific Robot achieved profitability driven by a surge in overseas revenue. - Galaxy Entertainment expanded its high-end gaming and hospitality facilities amidst a diverging Macau gaming recovery, while multiple small-cap firms adjusted strategies to navigate market fluctuations.
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The Strategic Reconfiguration of Chinese Internet Platforms: Beyond Aggregation
Global Report·2 days ago, 09:18 AM
- Chinese internet platforms are shifting their core business model from light-asset traffic aggregation to heavy investments in AI infrastructure and hardware manufacturing. - Kuaishou secured a 1.4 billion RMB strategic investment from the National Artificial Intelligence Industry Fund for its KLING AI model, with second-quarter revenue exceeding 850 million RMB in 2026. - Xiaomi is expanding its new energy vehicle business overseas and balancing heavy investments to establish a comprehensive platform in smart mobility.
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