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Real-time News
Royal Bank of Canada: Lowered its price target for Gilead Sciences (GILD.O) from $105 to $100.On January 8th, Hailiang Co., Ltd. announced that it originally planned to acquire a portion of the shares of Jinlong Precision Copper Tube Group Co., Ltd. through a cash transaction, while simultaneously engaging in cooperative operations with Jinlong Group. However, due to drastic changes in the external environment, the two parties have conducted multiple communications and attempts to meet their respective regulatory requirements, but have failed to reach a consensus to date. This investment matter involves significant uncertainty. The companys board of directors has decided to postpone the acquisition and will rescind it when conditions are favorable.Morgan Stanley lowered its price target for Alibaba (BABA.N) from $200 to $180.January 8th - According to a joint announcement by HSBC Holdings and Hang Seng Bank on January 8th, HSBCs proposal to privatize Hang Seng Bank was approved by the Hang Seng Bank court meeting and the Hang Seng Bank shareholders meeting. It is expected that the listing status of Hang Seng Banks shares on the Hong Kong Stock Exchange will be delisted at 4:00 p.m. on Tuesday, January 27, 2026. Subject to the scheme becoming binding and effective, it is expected that the listing status of Hang Seng Banks shares on the Hong Kong Stock Exchange will be delisted at 4:00 p.m. on Tuesday, January 27.On January 8, China Power Construction Corporation Beijing Institute and Huawei signed a strategic cooperation agreement in Dongguan. According to the agreement, the two parties will adhere to the principles of equality and respect, openness and fairness, complementary advantages and common development, and continue to strengthen cooperation in areas such as new energy project construction, digital transformation, domestic and foreign project collaboration, advanced technology cooperation and joint innovation, and corporate culture exchange.
