News

Canadian Imperial Bank of Commerce: Raised the price target for Pan American Silver (PAAS.O) from $70 to $88.

Hong Kong mainland property stocks expanded their gains in the afternoon. Sunac China (01918.HK) rose more than 10%, Logan Group (03380.HK) rose more than 7%, Vanke Enterprise (02202.HK), Yuexiu Real estate (00123.HK) both rose by more than 6%, and stocks such as China Resources Land (01109.HK), Agile Group (03383.HK), and Country Garden (02007.HK) followed suit.

The A-share real estate sector fluctuated higher in the afternoon. Many stocks such as Rongan Real Estate, Beijing Investment Development, and Huafa Holdings rose by the limit. China Merchants Shekou rose by more than 8%. Stocks such as Seazen Holdings, Gemdale Group, Binjiang Group, Chengtou Holdings, and Airport Holdings followed suit.

Hong Kong oil stocks rose in the afternoon, with China Petroleum & Chemical Corporation (00386.HK), China National Offshore Oil Corporation (00883.HK) and PetroChina (00857.HK) all rising by more than 2%.

Indian industry officials: India's sugar production in 2025/26 is expected to be 30.95 million tons, down from 31.96 million tons in the previous year.

Australia's S&P/ASX200 index closed up 70.70 points, or 0.80%, on Wednesday, February 4, at 8927.80 points.

Sources: Ford Motor Co (F.N) is in talks with Geely over a tie-up that could involve allowing the latter to use Ford factory space in Europe. It is reported that the negotiations also include the establishment of a potential technology sharing framework, covering vehicle technologies such as autonomous driving.

The 5-year Japanese government bond yield fell 1 basis point to 1.670%.

Hong Kong airline stocks fluctuated and rose. China Eastern Airlines (00670.HK) rose by more than 7%, China Southern Airlines (01055.HK) rose by more than 6%, and stocks such as Air China (00753.HK) and Cathay Pacific Airways (00293.HK) followed suit.

The commercial aerospace sector of Hong Kong stocks fluctuated and fell. Lens Technology (06613.HK) fell by more than 4%, followed by stocks such as Asia Pacific Satellite (01045.HK) and Goldwind Technology (02208.HK). Junda Shares (02865.HK) bucked the trend and rose by more than 7%.

The A-share real estate sector continued to rise, with Rongan Real Estate and Beijing Investment Development both hitting their daily limit, followed by Caixin Development, Airport Holdings, Huafa Holdings, China Merchants Shekou, Xincheng Holdings and other stocks.

Hong Kong mainland property stocks continued to rise. Logan Group (03380.HK) rose more than 20%, Sunac China (01918.HK) rose more than 10%, Country Garden (02007.HK), Yuexiu Properties (001 23.HK), China Resources Land (01109.HK), Agile Group (03383.HK), R&F Properties (02777.HK), Vanke Enterprise (02202.HK) and other stocks followed suit.

Vietnam’s statement showed that Vietnam’s Trade Minister went to Washington to launch a new round of tariff negotiations with the United States.

Market news: Vietnam’s Trade Minister met with U.S. business representatives in Washington.

The A-share real estate sector fluctuated and rose, Caixin Development hit the daily limit, Rongan Real Estate rose more than 8%, and stocks such as Airport Holdings, Beijing Investment Development, Huafa Holdings, Xincheng Holdings, and China Merchants Shekou followed suit.

Honda Motor plans to jointly develop system-on-chips for its software-defined vehicles (SDV) with Mythic, a Texas-based technology company.

According to the AXIOS website: Nuclear negotiations between the United States and Iran are expected to be held in Oman on Friday. The Trump administration agreed to Iran's request to move the venue of negotiations away from Türkiye.

Coal stocks in Hong Kong stocks strengthened, with Yankuang Energy (01171.HK) rising by more than 7%, Power Development (01277.HK) and China Coal Energy (01898.HK) both rising by more than 5%, and China Shenhua (01088.HK) rising by more than 4%.

Hong Kong chip stocks fell early in the session, with Shanghai Fudan (01385.HK) falling more than 4%, Huahong Semiconductor (01347.HK), GigaDevice (03986.HK), SMIC (0 0981.HK), ZTE (00763.HK), Biren Technology (06082.HK) and other stocks followed suit. Innosec (02577.HK) bucked the trend and rose by more than 6%.

When Hong Kong stocks opened, the Hang Seng Index opened down 0.14%, and the Hang Seng Technology Index opened down 0.87%; the non-ferrous metals sector was among the top gainers, and the optical communications sector has strengthened in recent days; Innosec (02577.HK) rose by more than 11%. The company's products have completed the important design introduction of Google's relevant AI hardware platform, and signed a compliant supply agreement.