Real-time News

Autohome (02518.HK): Net profit attributable to ordinary shareholders for the first quarter of 2026 was RMB44.3 million, compared with RMB341 million in the same period of 2025.

Royal Bank of Canada: Expects the Bank of England and the European Central Bank to raise interest rates moderately; expects the Federal Reserve and Canada to keep interest rates unchanged in 2026.

Autohome (02518.HK): Net revenue for the first quarter of 2026 was RMB1.048 billion, compared with RMB1.454 billion in the same period of 2025.

On May 28th, Tencent IMA announced its integration with WorkBuddy. Previously, IMA's own Copilot platform had already integrated user-accumulated knowledge into IMA's internal agent workflows. With this integration, IMA becomes a knowledge context that more agent products can access.

On May 28th, regarding rumors that LG Electronics executives recently held coordination and consultations with Hisense executives on a business restructuring plan, including the possibility of selling LG's TV business unit, an industry insider close to Hisense stated that communication between companies is normal, and everything else is speculation. At the end of March this year, TCL Electronics signed an agreement with Sony to establish a joint venture to take over Sony's TV, audio, and other home entertainment electronics hardware business, with TCL Electronics holding a controlling stake. Previously, Hisense had acquired Toshiba's TV business. Industry predictions suggest that Chinese companies will further increase their market share in the global TV market. Omdia consumer electronics analyst Zhang Bing believes that the possibility of Hisense acquiring LG's TV business is unlikely, because LG Electronics is projected to rank second in global TV revenue by 2025, second only to Samsung; LG TV shipments ranked fourth last year, after Samsung, TCL, and Hisense. "The possibility of LG Electronics sharing resources and cooperating with Chinese OEMs and brand manufacturers in the TV supply chain cannot be ruled out."

Italy's PPI rose 0.1% month-on-month in April, down from 5.90% in the previous month.

Italy's PPI rose 8.8% year-on-year in April, up from 5.40% in the previous month.

U.S. Department of Defense: We have received reports that U.S. military personnel have been located and locked in the war zone by location data.

Tencent Holdings (00700.HK) repurchased 1.2 million shares for HK$508 million on May 28.

Russian Foreign Ministry: Russia summons Luxembourg ambassador.

On May 28, Wang Ning, founder, chairman and CEO of Pop Mart International Group (09992.HK), said in an interview: "Pop Mart City Park may use AI in some parts. Perhaps one day, when AI can be combined with us to create a very different experience, we may consider it."

HKEX: BlackRock's long position in Li Ning (02331.HK) increased from 6.84% to 7.51% on May 25.

The EU Oil and Gas Coordination Group will continue to monitor the EU's gas and oil supply situation and coordinate actions as necessary.

The EU's oil coordination group indicated that the EU's natural gas storage levels could reach 80% by the end of summer, which would ensure natural gas supplies for the next winter.

The EU's oil coordination group meeting confirmed that there are currently no pressing concerns about the security of the EU's gas supply for the next winter.

Japanese Foreign Minister Toshimitsu Motegi stated that he held a telephone conversation with the Prime Minister of Qatar and agreed to cooperate in promoting peace and stability in the Middle East. Meanwhile, the Qatari Prime Minister expressed his desire to further strengthen cooperation with Japan in areas such as energy.

Ukrainian President Zelensky: I have arranged a meeting with Swedish Prime Minister Christosson today, and representatives of the Swedish defense industry will also be attending as a delegation.

Ukrainian President Zelensky: I am on a working visit to Sweden today.

On May 28th, Weibo (09898.HK) announced its Q1 2026 results. Net revenue for Q1 totaled US$421 million, a 6% increase from US$397 million in the same period last year. Advertising and marketing revenue for Q1 was US$369 million, a 9% increase year-over-year; advertising and marketing revenue (excluding advertising revenue from Alibaba) was US$327 million, a 10% increase year-over-year. Advertising and marketing revenue from Alibaba was US$43.3 million, a 2% increase year-over-year. Value-added services revenue for Q1 was US$51.6 million, an 11% decrease year-over-year, primarily due to reduced revenue contribution from game-related businesses. Monthly active users in March 2026 reached 562 million, and daily active users in March 2026 reached 254 million. As of March 31, 2026, Weibo's total cash, cash equivalents, and short-term investments amounted to US$2.59 billion. Cash generated from operating activities in the first quarter of 2026 was US$164 million, total capital expenditures were US$11.9 million, and depreciation and amortization expenses were US$15.5 million.