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Real-time News
Japanese Finance Minister Satsuki Katayama: We will be careful to maintain market confidence in our finances when guiding fiscal policy.On December 4th, HSBC Research stated that due to Li Autos (LI.O) unsatisfactory product mix, the companys gross profit margin for automobiles is expected to decline quarter-on-quarter in the fourth quarter, with the company estimated to be close to break-even. Regarding the outlook for next year, HSBC Research believes that short-term headwinds have largely been priced into the share price, but visibility for next year remains limited. Due to intense competition, HSBC lowered its earnings forecast for the company this year to RMB 921 million, and reduced its earnings forecasts for 2026 and 2027 by 38% and 31% respectively. Therefore, it downgraded Li Autos rating from "Buy" to "Hold," lowered its target price for US-listed shares from US$30.3 to US$18.6, and its target price for Hong Kong-listed shares from HK$118 to HK$83.Japanese Finance Minister Satsuki Katayama: We will not base our bond issuance plans on the assumption that the Bank of Japan will maintain its bond holdings.Japanese Finance Minister Satsuki Katayama: I cannot comment on monetary policy; it falls under the jurisdiction of the Bank of Japan.December 4th - According to a report by Wccftech citing ZDNet Korea, PC manufacturers are planning significant price increases for their 2026 models due to surging demand for AI hardware, a severe shortage of traditional memory chips, and supply constraints driving up component costs. The report states that the shortage is forcing major PC manufacturers such as ASUS, Acer, and Lenovo to raise prices for their 2026 products, with the entire industry planning price increases of at least 20%.
