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Real-time News
On March 10th, Wharf Real Estate Investment Company Limited (01997.HK) announced that its underlying net profit for 2025 increased by 5% to HK$2.13 per share. The second interim dividend increased by 10% to HK$0.66 per share (HK$1.32 for the full year). Net debt decreased by HK$2.2 billion to HK$32 billion; the debt ratio was 17.2%. Interest expense savings in 2025 offset a modest decline in revenue and operating profit. The overall occupancy rate of the investment property portfolio was 92%. Net asset value decreased by 3% to HK$59.85 per share.On March 10th, when discussing the comparison between XPeng Motors current driver assistance system and Teslas FSD (Full Self-Driving), He Xiaopeng stated, "From my personal experience, each has its strengths. XPengs second-generation VLA performs better than the latest FSD in small roads and game-theoretic situations, but FSD has some capabilities, such as reinforcement learning and seeing people in the distance, which are better." He continued, "My internal goal is to improve the current capabilities by 5 to 10 times by the end of this year. I think that will mark the arrival of true Level 4 software capabilities. I believe that with the simultaneous advancement of policies, regulations, and technology, we will see Level 4 accelerate its arrival within the next 1 to 3 years. In the next 5 years, we may even see the true implementation of Level 5."Standard Chartered: We have postponed our expectation of a Bank of England rate cut in March to the second quarter, and have also postponed the timing of rate cuts for the remainder of the year by one quarter.Traders said Totals trading arm, TOTSA, sold Omani crude for April delivery at the highest premium in years through a tender.On March 10th, Baidu launched its summer internship recruitment program for 2027 graduates, offering over 5,000 internship positions. This is the largest number of business internship programs Baidu has ever offered, with seven major business internship programs, including a management trainee program, announced simultaneously. According to reports, over 90% of the positions in this summer internship recruitment are related to AI, covering cutting-edge fields such as large-scale model algorithms, multimodal computing, and autonomous driving, making it the largest summer internship recruitment in the companys history.
