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Real-time News
On October 17, Macquarie issued a report stating that it raised the target price of JD Health (06618.HK) by 20%, from HK$62.14 to HK$74.57, and maintained its "outperform" investment rating. Macquaries earnings forecast for the company remains unchanged. Macquarie expects JD Health to have a good trend in the third quarter of 2025 and to record a 22% year-on-year revenue growth in the second half of the year. It is expected that amid the weakness of offline pharmacies, the company will continue to consolidate its position in major healthcare product distribution channels, further increase its market share and consolidate the market. Macquarie expects the companys strong growth momentum to continue in the second half of the year, benefiting from the direct launch of more new drugs and stronger advertising spending from merchants.According to Kyodo News: Japans Liberal Democratic Party and the opposition Constitutional Democratic Party agreed to hold an election to nominate the prime minister on October 21.On October 17th, the Hong Kong SAR Government presented its latest update to the Legislative Council Panel on Transport, outlining the latest arrangements for the "Guangdong Cars Going South" program. Secretary for Transport and Logistics, Chan Mei-po, explained that the Guangdong and Hong Kong governments will implement total vehicle volume control based on the border crossing capacity and the carrying capacity of nearby roads. A "transit parking lot" will initially be used at the border crossing, offering approximately 1,800 parking spaces and 24-hour automated parking and airport drop-off/pick-up services. For inbound travel to the city, a small-scale quota of 100 reservations per day will be issued, with each Guangdong car allowed to remain in Hong Kong for a maximum of three days. Chan Mei-po stated that the program will be reviewed and discussed with Guangdong authorities over an orderly increase in quotas, depending on the actual implementation, user and public adaptation, and the utilization of supporting facilities.On the morning of October 17th, Cao Li, Senior Vice President of Leapmotor, stated at a media conference that when a traffic accident occurs, regardless of who is at fault, the first priority is to ensure the safety of the driver. First, when a driver is involved in an accident due to road conditions, drunk driving, speeding, or other factors, a collision signal will be transmitted to the backend, and Leapmotor will promptly contact the driver and provide rescue services. Second, the companys quality department will analyze whether the vehicle poses a safety hazard and work with the owner, traffic police, and others to investigate. Personal safety always comes first.Sources: Indian refiners have purchased the first batch of Guyana crude oil from ExxonMobil (XOM.N) for delivery in December-January.
