EUR/USD 1.13875
0.065%
Gold 4026.43
0.638%
Oil 79.512
2.207%
USD/JPY 162.338
-0.067%
GBP/USD 1.33532
0.057%
GBP/JPY 216.778
-0.016%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Google is extending the Gemini AI feature in its Chrome browser to desktop users in the UK, with an iOS version coming next month.On July 14th, the National Health Commission, the State Administration of Traditional Chinese Medicine, and the National Bureau of Disease Control and Prevention issued a notice requiring all regions to further improve the centralized procurement of medical equipment by public medical and health institutions. All public medical and health institutions nationwide must implement centralized procurement for medical equipment listed in the national, provincial, and municipal centralized procurement catalogs. The National Health Commission and provincial health administrative departments will each formulate their own centralized procurement catalogs for medical equipment, and organize implementation after filing with the corresponding finance departments as required. The notice emphasizes adhering to the principle of "high quality, high price," establishing a full life-cycle cost management concept for equipment, fully considering both one-time procurement costs such as quality and price, and long-term costs such as consumables, reagents, and after-sales maintenance services. It calls for scientifically setting evaluation standards, rationally selecting evaluation methods, strengthening the review of abnormally low prices, preventing "involutionary" competition, and promoting the transformation of centralized procurement from a single goal of saving funds to a comprehensive performance goal of high quality, high price, and high quality.On July 14th, JPMorgan Chase issued a report reiterating its "Overweight" rating on Tencent Holdings (00700.HK) with a target price of HK$690. The bank believes Tencent remains the highest-quality compound growth stock in the Chinese internet sector, possessing sustained user engagement, continuously improving game and advertising monetization capabilities, strong profit margins and balance sheet strength, and the option of AI with a tangible monetization path. The report notes that due to Tencents increased AI investment and the anticipated depreciation starting in the second half of this year, the bank lowered its 2026 fiscal year non-IFRS earnings per share forecast for Tencent by 5% to RMB 28.47, while raising its 2026 capital expenditure forecast to RMB 200 billion. However, the bank emphasizes that these adjustments reflect heavier AI investments and depreciation, rather than a deterioration in Tencents existing core businesses. The bank expects second-quarter revenue to grow by about 9% year-on-year, with value-added services revenue growing by 5% to 6%, gaming revenue by 9% to 10%, marketing services revenue by 18% to 19%, and fintech revenue by about 5%, which is largely in line with market expectations.On July 14th, Citigroup released a research report stating that CGN Power (01816.HK) saw its on-grid electricity volume decline by 3.3% year-on-year to 109.6 million MWh in the first half of the year, while average unit utilization hours decreased by 6.1% year-on-year to 3,554 hours. The proportion of market-based electricity sales increased by 9.8 percentage points year-on-year to 65.9%. Citigroup currently forecasts a 7.8% year-on-year decline in net profit to RMB 2.7 billion in the second quarter, mainly due to the increased proportion of market-based sales. Citigroup believes that the increase in spot electricity prices in Guangdong Province in the second quarter will have a limited impact on CGN Power, as over 95% of its market-based electricity is sold through long-term contracts. In response to the decline in utilization hours, Citigroup lowered its net profit forecasts for CGN Power from 2026 to 2028 by 3% to 6%, and its target price by 23% from HKD 3.2 to HKD 2.45, maintaining a "Sell" rating. Citigroup believes that the current price is not attractive given the declining earnings and the projected dividend yield of only 3.8% in 2026.Abu Dhabi National Oil Company (ADNOC) confirmed that the oil tankers "Al Bahyah" and "Mombasa B" were attacked in the Strait of Hormuz.

Technical Analysis

Just starting out? Begin your trading education with our Foundational Trading Knowledge course. Learn about a variety of markets like foreign exchange, commodities and equities and how they operate. Discover the right trading style for you and get to grips with key trading processes and market psychology.

  • What Is The Best Way To Invest In Crude Oil?

    Crude oil is a petroleum product that occurs spontaneously and is made of hydrocarbon deposits and other organic components. Crude oil is a type of fossil fuel that is refined to create useable products such as gasoline, diesel, and a variety of other petrochemicals. It is a nonrenewable resource, which means that it cannot be replenished naturally at the pace at which humans consume it, making it a scarce resource.

    Start

  • Commodity Investing: How to Get Started

    Commodity is a term that refers to a basic good used in trade that is interchangeable with other similar items. Commodities are frequently utilized as raw materials in the manufacture of other items or services.

    Start

  • The Ultimate Beginner's Guide to Cryptocurrency

    A cryptocurrency is a digital or virtual currency that is protected by encryption, making counterfeiting or double spending practically impossible.

    Start

  • What Is a 401(k) Retirement Plan?

    A 401(k) plan is a tax-advantaged retirement savings plan offered by many American businesses. It is called after a provision of the Internal Revenue Code of the United States of America.

    Start

  • The Ultimate Guide to Commingled Funds

    Commingled funds are a sort of pooled investment vehicle that is neither publicly traded or accessible to normal investors. Rather than that, they are employed in closed pension funds, insurance policies, and other institutional accounts.

    Start

  • How Is a Class C Share Defined?

    Class C shares are a type of mutual fund share that have a fixed yearly load that includes expenses for fund marketing, distribution, and service. These fees represent a commission paid to the business or individual assisting the investor in selecting a fund to invest in. Annual fees are assessed.

    Start

  • What is the Roth IRA?

    A Roth IRA is an individual retirement account (IRA) that permits tax-free withdrawals under certain conditions. Roth IRAs are comparable to standard IRAs, with the primary difference being the tax treatment of the two. Roth IRAs are established using after-tax resources, which means that contributions are not tax deductible but the money is tax-free once you begin withdrawing it.

    Start

  • What Exactly Is Money?

    Money is an economic unit that serves as a universally recognized means of exchange in an economy for transactional purposes. Money serves the purpose of lowering transaction costs, namely the double coincidence of desires.

    Start
Read More