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Autohome (09690.HK) announced on the Hong Kong Stock Exchange that its revenue in the first half of the year was 7.88 billion yuan, a year-on-year increase of 10.5%; its net profit in the first half of the year was 410 million yuan, a year-on-year increase of 14.6%.MINISO (09896.HK): Adjusted net profit in the first half of 2025 was RMB 1,278.7 million (US$178.5 million), compared with RMB 1,241.9 million in the same period last year.MINISO (09896.HK): Revenue in the first half of 2025 increased by 21.1% year-on-year to RMB 9.393 billion (US$1.311 billion).August 21st, a survey showed on Thursday. British businesses had their strongest month in a year, driven by a rebound in the services sector. The preliminary S&P Global UK Composite PMI for August rose to 53.0, the highest since August last year, while market expectations only predicted a slight increase to 51.6. Chris Williamson, chief business economist at S&P Global Market Intelligence, said that after a sluggish spring, the pace of economic growth accelerated in the summer. "However, survey results from order books show that the demand environment remains uneven and fragile. Businesses reported that they are concerned about the impact of recent government policy changes and are also uneasy about broader geopolitical uncertainties." The services PMI rose to 53.6, but the manufacturing PMI fell to 47.3, further below the 50 growth threshold and hitting a three-month low as factories were hit by the global trade war led by Trump. Further complicating the Bank of Englands situation is that service industry companies raised prices at the fastest rate in three months.The UKs preliminary manufacturing PMI in August hit a three-month high, the preliminary services PMI hit a 12-month high, and the preliminary composite PMI hit a 12-month high.

ADA Price Prediction: Bulls Eye $0.410 on Network Upgrade Plans

Cory Russell

Feb 06, 2023 15:40

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Saturday saw a 1.24% decline in ADA. ADA finished the day at $0.399, somewhat erasing a 1.51% gain from the previous day. The handle of $0.400 was visited by ADA for the sixth session running.


ADA dropped to a morning low of $0.398 due to a negative start to the day. Ahead of the First Major Support Level (S1) at $0.397, ADA increased to a high of $0.406 in the early afternoon. The First Major Resistance Level (R1), which is at $0.409, was not reached, hence ADA returned to the session low of $0.398 before closing the day at $0.399.

Silence from IOHK and EMURGO Puts ADA in the Red

There were no network updates to provide context on this quiet Saturday session. Investors are waiting for developments on the scheduled launch of EMURGO's USDA algorithmic stablecoin after last week's COTI launch of DJED.


Investors were left to lock in gains as Input Output HK (IOHK) also went quiet at the beginning of the weekend due to radio silence. The perception of the Cardano network and the predicted rise in ADA use, however, continue to be negative factors.


There will be another Cardano hard fork this month. The implementation of CIP-0049 will make it easier to use other blockchains. The enhanced interoperability will provide programmers a safe environment in which to create cross-chain DApps. A more optimistic pricing prognosis should be supported by the upgrade, which is another improvement.


Investors will be watching for the debut of the USDA stablecoin today, and network updates will give guidance. However, in the absence of network updates, the larger crypto market would be left to determine price direction.


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