Hong Kong’s tech scene got a vote of confidence this week when GF Securities gave a thumbs up to Beijing Fourth Paradigm Technology’s Class H shares. The bank kept its “buy” label alive and penciled in HK$61. 53 as a future price target. That sounds ambitious when you compare it to yesterday’s closi
Asian technology shares slipped sharply after a disappointing earnings report from Broadcom, prompting investors to shift away from AI‑related names toward safer sectors. The sell‑off was strongest in South Korea, where the chip industry dominates the market. Samsung Electronics fell nearly seven
Credo Technology’s recent earnings surprised many, but the stock fell afterward. The company grew its revenue by 157% year‑over‑year, showing that demand for AI chips is still high. Profit margins also widened, which is a good sign that the business can keep costs in check. The price drop aft
Two major firms have recently reaffirmed their confidence in Damai Entertainment, despite the company's shares taking a rollercoaster ride over the past year. Just when investors might have doubted the stock's future, Huatai Securities stepped forward with a strong "Buy" recommendation and set a tar
UBS has updated its outlook for China Resources Mixc Lifestyle Services Ltd. , keeping a “Buy” recommendation. The investment bank set a new target price of HK$55 per share. Last trading day, the stock closed at HK$43. 56, well below the target. Analysts across the market generally agree that
SoftBank recently sold off all its Uber shares, which might seem like bad news at first glance. The company’s stock has dropped from its peak of over $100 last year to around $74 now—a 27% slide. But before investors hit the panic button, it’s worth noting that Uber isn’t actually struggling. The co
A major financial firm just confirmed its confidence in a big Chinese lifestyle company. The firm raised its forecast for the company’s future stock price to roughly HK$63. 60 per share, suggesting now might be a good time to buy. Other analysts seem to agree, with most marking the company as a soli
The company behind popular teeth-straightening tech just posted better-than-expected earnings for the first three months of the year. While some worry about slow patient visits in dentistry, this business still managed to beat profit and revenue predictions. It also plans to spend $200 million buyin
Silicon Motion’s latest numbers show a big win for the company. In the first three months of 2026, profits reached $1. 58 per share, beating predictions by 28 cents. Sales also climbed to $342 million, smashing estimates by $42 million. That’s a huge 105% jump from the same time last year. What’s d
A major real estate finance company recently shared its financial results for the first three months of the year, and the numbers weren’t good. Instead of making a profit, the company lost $56. 1 million. That means it spent more money than it earned during this period. On top of that, each share of
