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UBS SDIC China Value Discover Equity Fund(LOF)
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Midea America Appoints Justin Reinke as Head of Product Marketing and Mike Giordano as Head of Sales

Midea America, a subsidiary of Midea Group Co. Ltd., has appointed Justin Reinke as Head of Product Marketing and Mike Giordano as Head of Sales. These leadership changes aim to strengthen the company's market position in the U.S. across various appliance categories.

Reuters·
SZ
000333
-0.96%
HK
00300
-0.90%
Reuters·
SZ
000333
-0.96%
HK
00300
-0.90%

"The hottest Chinese concept ETF" has been listed in Hong Kong

On December 11th, ICBC Credit Suisse Jinrui KWEB CSI China Internet ETF was listed on the Hong Kong Stock Exchange, becoming the first ETF in Asia to benchmark KWEB. This product was launched in collaboration between ICBC Credit Suisse Asset Management and Jinrui Fund, tracking the CSI Overseas China Internet Index, covering fields such as e-commerce and cloud computing. The ETF is traded in Hong Kong dollars, US dollars, and Chinese yuan, with an annual management fee rate of 0.68%. Analysts believe that the companies held by this ETF are at the forefront of AI technology development

Wallstreetcn·
US
TCTZF
-0.40%
US
TCEHY
+0.44%
HK
00700
-0.25%
Wallstreetcn·
US
TCTZF
-0.40%
US
TCEHY
+0.44%
HK
00700
-0.25%

Chinese AI startup MiniMax and Zhipu Technology will IPO in Hong Kong in January next year

Chinese artificial intelligence startups MiniMax and Zhipu plan to advance their IPOs in Hong Kong in the coming weeks, with the earliest expected to take place in January next year. Both MiniMax and Zhipu have received support from tech giants such as Alibaba and Tencent, and plan to raise hundreds of millions of dollars respectively. According to informed sources, the details of these two IPOs are still under discussion and require approval from the China Securities Regulatory Commission

Stheadline·
US
TCTZF
-0.40%
US
TCEHY
+0.44%
HK
00700
-0.25%
Stheadline·
US
TCTZF
-0.40%
US
TCEHY
+0.44%
HK
00700
-0.25%

Hong Kong Stock Market Close | Hang Seng Index fluctuates slightly down, Technology Index retreats, ASIA GROCERY rises over 80%, driving intraday hotspots

Hong Kong stocks closed with mixed performance today, with major indices fluctuating at high levels. The Hang Seng Index slightly declined, while the Technology Index and the State-Owned Enterprises Index all fell. Some leading banks strengthened against the trend. The consumption-related liquor sector faced pressure, with funds focusing on certain small-cap stocks and leading technology growth stocks. Retail data boosted market attention on domestic demand recovery. Popular stocks such as ASIA GROCERY and ALMANA surged strongly, driving up the speculative sentiment. Technology and bank stocks saw active trading, and market enthusiasm remained high

Market Heartbeat·
HK
09988
-1.70%
HK
00700
-0.25%
HK
01810
+0.96%
Market Heartbeat·
HK
09988
-1.70%
HK
00700
-0.25%
HK
01810
+0.96%
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