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MAN WAH HLDGS fully acquires a soft furniture company, involving an investment of USD 58.7 million

MAN WAH HLDGS announced the acquisition of 100% equity in the American soft furniture manufacturer and distributor - Gainline Recline Intermediate Corp. The latter operates primarily under two brand names, namely Southern Motion and Fusion Furniture, with a cash consideration of USD 32 million, along with an interest-free loan of USD 26.67 million

AASTOCKS·
HK
01999
-0.23%
AASTOCKS·
HK
01999
-0.23%

Jay Chou endorses Meituan Waimai, with "1-on-1 urgent delivery" as the selling point

Meituan Waimai officially announced that the king of Chinese pop music, Jay Chou, will serve as the brand ambassador. This is Jay Chou's first foray into the food delivery endorsement field, and it marks another influential ambassador for Meituan following the signing of Liu Yifei in 2023

Wallstreetcn·
US
MPNGY
+1.83%
HK
03690
+0.10%
Wallstreetcn·
US
MPNGY
+1.83%
HK
03690
+0.10%

China Feihe Files HKEX Disclosure on Repurchase of 3,046,000 Shares at HKD 12,326,900

China Feihe Ltd. announced the repurchase of 3,046,000 shares at an average price of HKD 4.0469 per share, totaling HKD 12,326,900, as disclosed in a filing with the Hong Kong Stock Exchange.

Reuters·
HK
06186
+0.74%
Reuters·
HK
06186
+0.74%

The Hong Kong Stock Connect's Tracker Fund of Hong Kong had a net outflow of HKD 1.422 billion

The Hong Kong Stock Connect saw a net outflow of HKD 1.422 billion from the Tracker Fund, while the northbound capital inflow into Xiaomi Corporation, Changguang and Tencent reached HKD 904 million, HKD 370 million, and HKD 108 million, respectively. The Hong Kong Stock Connect (Shanghai) recorded a net inflow of HKD 349 million into Xiaomi Corporation and a net outflow of HKD 1.022 billion from the Tracker Fund. The Hong Kong Stock Connect (Shenzhen) had a net inflow of HKD 555 million into Xiaomi Corporation and a net outflow of HKD 481 million from China Mobile. The total net outflow for the day was HKD 0, with a total transaction amount of HKD 73.495 billion, accounting for 45.26% of the total market turnover

AASTOCKS·
US
XIACY
+0.35%
HK
01810
-2.47%
US
TCEHY
+1.94%
AASTOCKS·
US
XIACY
+0.35%
HK
01810
-2.47%
US
TCEHY
+1.94%

Tencent spent nearly 636 million to repurchase 1.055 million shares

Tencent announced that today (the 18th) it repurchased 1.055 million shares, with a price per share ranging from 599.5 to 605.5 yuan, involving nearly 636 million yuan. Since the repurchase authorization resolution was approved, the group has cumulatively repurchased 94.641 million shares, accounting for 1.02994% of the issued shares

AASTOCKS·
US
TCEHY
+1.94%
US
TCTZF
+0.35%
HK
00700
0.00%
AASTOCKS·
US
TCEHY
+1.94%
US
TCTZF
+0.35%
HK
00700
0.00%
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Wear new shoes, walk the old path

It seems to have developed, turned around, and modernized, but once encountering pressure or real constraints, it reverts to the old ways—the practices from the beginn...

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