EUR/USD
1.16297
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Gold
4076.00
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Oil
61.464
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152.970
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Real-time News
Daiwa Capital Markets: Raised Teslas (TSLA.O) target price from $300 to $420.The three major U.S. stock index futures continued to rise, with Nasdaq futures up 1%, S&P 500 futures up 0.8%, and Dow futures up 0.6%.On October 27, overnight Shibor was at 1.4420%, up 12.20 basis points; 7-day Shibor was at 1.5420%, up 12.80 basis points; 14-day Shibor was at 1.5980%, up 3.50 basis points; January Shibor was at 1.5570%, unchanged from the previous trading day; March Shibor was at 1.5950%, up 0.10 basis points.The Communications Authority (CA) of the Hong Kong Special Administrative Region (HKSAR) today (October 27) launched the Unmanned Aircraft System (UAS) (UAV) (UAV) Licence to support the development of the low-altitude economy. A CA spokesperson stated that under the UAV (Dedicated) Licence, licensees can be assigned dedicated spectrum in the 1430–1444 MHz band (1.4 GHz band) for the installation, maintenance, and operation of radiocommunication equipment used to operate UAVs. This provides an additional communication solution for drone activities, in addition to the current wireless local area network (WLAN) and fourth-generation or fifth-generation mobile communication networks for data transmission and operation. This further supports the safe and efficient operation of drones and fully supports the development of the low-altitude economy ecosystem through communication networks. Applications for the UAV (Dedicated) Licence are now open to participating institutions in the low-altitude economy "Regulatory Sandbox" pilot project.On October 27, Lyon published a report stating that the retail turnover of Li Ning (02331.HK)s sales points across the entire platform in the third quarter recorded a mid-single-digit decline year-on-year, with a slowdown in quarterly growth, failing to meet internal targets. By channel, online sales grew by a high single digit year-on-year, outperforming the offline channel, which recorded a high-single-digit decline. Inventory days climbed to 5 to 6 months, and discounts expanded by a low single digit compared to the same period last year. Since October, retail sales and discount pressures have continued to intensify. The bank said that although it maintains Li Nings 2025 fiscal year performance guidance, it believes that Li Ning will face challenges in recovering retail sales and maintaining a stable gross profit margin in the fourth quarter of 2025. Maintain a "hold" rating with a target price of HK$16.
