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2026-04-13
12:12
M Stanley: Mkt Severely Underestimates AI Upside; Computing Power & Electricity Supply Gap Likely to Widen

The market may be seriously underestimating the true explosive power and depth of the AI revolution, Morgan Stanley said in its report. Leading large language models (LLMs) are undergoing a non-linear capability leap, while the explosive growth of AI is colliding with systemic supply bottlenecks. The global gap in computing power and electricity demand is expected to widen over the long term and persistently.

Citing data, the report highlighted that global weekly token usage surged by 250% in 1Q26 to 22.7 trillion, with some LLM providers already imposing usage limits on users. Morgan Stanley forecasts that future growth in computing power demand will be three times Nvidia (NVDA.US)'s projected annual compound supply growth rate, suggesting that the shortage of computing power will persist and intensify.

As next-generation chips are launched, AI computing costs are also expected to nosedive, further unleashing demand. This implies long-term structural tailwinds for computing power suppliers, including chip manufacturers, optical communication firms, and data center equipment providers.
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10:30
HSBC Research Raises Netflix (NFLX.US) TP to USD114, Maintains Buy

HSBC Global Investment Research issued a report stating that Netflix (NFLX.US)'s recent price hikes and healthy user engagement trends point to a strong start to the year.

The broker raised its revenue and margin forecasts, lifting its diluted EPS estimates for FY26/27 by approximately 2-3%. It maintained a Buy rating and increased the TP from USD106 to USD114.
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06:43
J&T Express Q1 Parcel Volume Rises 26.2%, with Southeast Asia Growth Nearing 80% and Other Markets Doubling

HONG KONG, April 13, 2026 /PRNewswire/ -- J&T Global Express Limited ("J&T Express" or "J&T" or "the Company", stock code: 1519.HK), a global logistics service provider, today announced its business update and operating metrics for the first quarter ended March 31, 2026. During the reporting period, the Company's total parcel volume reached 8.326 billion, up 26.2% year-on-year ("YoY"), with average daily parcel volume reaching 92.5 million. In particular, non-China parcels accounted for 35.1%, representing an increase of 4.3 percentage points on a quarter-on-quarter basis ("QoQ"). Overall business momentum remained strong, with particularly strong performance in Southeast Asia and other markets (excluding China and Southeast Asia). Operating metrics continued to improve, reflecting the Company's ongoing expansion and solid operational execution across global markets.

As a leading express logistics provider in Southeast Asia, J&T Express maintained its strong growth momentum in the region in the first quarter. Parcel volume in Southeast Asia rose 79.9% YoY to 2.768 billion, with average daily parcel volume reaching 30.8 million and peak daily volume exceeding 47 million. The strong growth reflected the Company's continued gains in operating efficiency across the region, as well as deeper cooperation with major e-commerce platforms, rapidly growing market demand and peak-season business growth driven by the Ramadan shopping season. As of March 31, 2026, J&T continued to expand capacity in the region, with its line-haul vehicles in Southeast Asia increasing to 6,200 vehicles and the number of automated sorting lines rising to 73 from 64, further improving processing efficiency.

In China, J&T Express adapted to industry changes by proactively adjusting its strategy and continued to improve network efficiency and client structure through refined management. In the first quarter, parcel volume in the market reached 5.404 billion, up 8.4% YoY, with average daily parcel volume of 60 million. Growth was close to the industry average and showed a recovery from the previous quarter.

In other markets, J&T Express continued to expand its footprint and accelerate growth, with parcel volume reaching 154 million, up 100.5% YoY, and average daily parcel volume rising to 1.7 million during the first quarter. Among them, Latin America has strong consumer potential. The Company worked closely with global cross-border e-commerce platforms such as TikTok, Temu, SHEIN and AliExpress, as well as local partners including Mercado Libre, to tap the strong growth opportunities arising from the development of e-commerce and logistics. Along with business expansion, the Company added 400 outlets and 5 sorting centers in other markets in the first quarter. Meanwhile, the Company's mature operating experience in China and Southeast Asia has continued to provide important support for the business scale-up in other markets.

Charles Hou, Group Vice President of J&T Express, said: "J&T delivered an encouraging start to 2026 in the first quarter. In Southeast Asia and other markets, we have seized growth opportunities, continued to strengthen our infrastructure and improved operating efficiency. Rapid growth in parcel volume underscores our enhanced market expansion and operating capabilities. In China, network optimization and refined management supported steady parcel volume growth. The solid operating performance in the first quarter lays a strong foundation for the Company's full-year results."

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2026-04-10
14:46
CAAM: CN Mar NEV Sales Rise 1.2% YoY

In March, production and sales of new energy vehicles (NEVs) in China reached 1.231 million units and 1.252 million units, respectively, as revealed by data from the China Association of Automobile Manufacturers (CAAM).

Production slid 3.6% YoY, while sales hiked 1.2% YoY. NEV sales accounted for 43.2% of total new vehicle sales.
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14:06
CAAM: CN Mar Auto Sales Surge 60% MoM; NEV Exports Jump Up 1.3x YoY

In March 2026, automobile production and sales in China numbered 2.917 million units and 2.899 million units, representing MoM increases of 74.4% and 60.6%, respectively, highlighting a notable rebound in market activity, data released by the China Association of Automobile Manufacturers (CAAM) showed.

Automobile production and sales posted a sharp MoM recovery. Experts noted that the rapid MoM growth in March was in line with historical seasonal patterns and was directly underpinned by the full implementation of local subsidy policies, the launch of spring auto show promotions, and the rollout of new vehicle models by automakers.

Data also showed that exports presented better-than-expected growth in March 2026. Automobile exports reached 875,000 units, up 30.2% MoM and 72.7% YoY. Among them, new energy vehicle (NEV) exports amounted to 371,000 units, surging 130% YoY. In 1Q26, exports sustained strong growth. Total automobile exports reached 2.226 million units, up 56.7% YoY, of which NEV exports totaled 954,000 units, representing a 120% YoY leap.
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04:06
DJIA Ends Up 275 pts; Nasdaq Gains 0.8%; Amazon, Intel Jump Up ~5%

Israel agreed to hold direct talks with Lebanon, signaling de-fusing tensions in the Middle East. Upswing in oil prices slowed, and US bourse started lower but trended higher on Thursday.

The DJIA finished up 275 points, or 0.6%, at 48,185. The Nasdaq closed up 187 points, or 0.8%, at 22,822. The S&P 500 ended up 41 points, or 0.6%, at 6,824.

Major techs were well-shaped. Amazon (AMZN.US) surged 5.6% after the company weighed selling its home-grown chips. Meta (META.US) leaped 2.6% as the company ramped up its investment in CoreWeave (CRWV.US) by USD21 billion. Apple (AAPL.US), Tesla (TSLA.US), and Alphabet (GOOG.US) gained less than 1%.

Chip stocks advanced. Intel (INTC.US) shot up 4.7%. Micron (MU.US) rallied 3.6%. NVIDIA (NVDA.US) and Broadcom (AVGO.US) added about 1%.
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00:37
Tesla Reportedly Plans to Develop New Smaller, Cheaper SUV

Tesla (TSLA.US) planned to develop a smaller and cheaper electric SUV, Reuters quoted sources as saying.

Tesla has contacted suppliers in recent weeks to discuss detailed plans for the new SUV, covering manufacturing processes and specifications for various components, according to insiders.

The sources added the model will be produced in China, with plans to expand production to the US and Europe.
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2026-04-09
18:18
科倫博泰獲香港聯交所批准股票代碼移除「B」標記,邁入發展新階段

成都2026年4月9日 /美通社/ -- 2026年4月9日,四川科倫博泰生物醫藥股份有限公司(「科倫博泰」或「公司」,6990.HK)宣佈,公司根據香港聯合交易所有限公司(「香港聯交所」)證券上市規則(「上市規則」)第18A.12條提出申請後,香港聯交所已批准其不適用上市規則18A.09至18A.11條。因符合上市規則的相關規定,公司經香港聯交所批准於2026年4月14日正式將「B」標記從股票代碼中移除。此舉標誌着科倫博泰在核心經營指標上已達到更高標準,正式邁入全新發展階段。

這一「全新發展階段」的核心內涵,體現在產品研發高效落地、海外合作成果兌現以及創新資產迭代升級三大維度:

  • 產品上市駛入「快車道」,落地效率顯著提升:上市三年內,科倫博泰已成功推動4款產品8項適應症獲批上市,3款產品5項適應症納入國家醫保目錄,打通了從藥物研發至商業化生產的完整閉環。依託這一「端到端」藥物開發體系,公司將高效推動後續管線的研發上市,切實滿足腫瘤等重大疾病領域的未竟之需。
  • 海外合作穩步推進,全球化成果即將兌現:公司持續深化海外佈局,已與默沙東、Crescent Biopharma等多家國際藥企建立合作,有序推進合作產品的全球化開發。其中,合作方默沙東圍繞蘆康沙妥珠單抗(sac-TMT,佳泰萊®)佈局了17項全球性III期臨床研究,這些研究即將進入數據讀出階段,有望迎來里程碑式的成果爆發。
  • 創新資產持續升級,從同類最佳(BIC)到同類首創(FIC):基於領先的ADC及新型偶聯藥物、大分子與小分子三大技術平台,公司構建了差異化創新管線。以蘆康沙妥珠單抗(sac-TMT,佳泰萊®)為代表的潛在BIC藥物已展現出全球競爭力;在此基礎上,公司前瞻性佈局了一系列融合新靶點、新機制、新技術的潛在FIC藥物,不斷拓展源頭創新的邊界,為長期可持續發展注入強勁動力。

科倫博泰首席執行官葛均友博士表示:「很高興看到科倫博泰符合香港聯交所上市規則的相關要求,從股票代碼中移除『B』標記,這充分體現了我們強大的醫藥創新與價值兌現能力。基於穩健的財務狀況與堅實的資金實力,公司將不斷豐富創新且互補的產品管線,加速產品的開發進程,在惠及廣大患者的同時為股東持續創造價值。」

關於科倫博泰

四川科倫博泰生物醫藥股份有限公司(簡稱「科倫博泰」,股票代碼:6990.HK)是科倫藥業控股子公司,專注於創新生物技術藥物及小分子藥物的研發、生產、商業化及國際合作。公司圍繞全球和中國未滿足的臨床需求,重點佈局腫瘤、自身免疫和代謝等重大疾病領域,建設國際化藥物研發與產業化平台,致力於成為在創新藥物領域國際領先的企業。公司目前擁有30餘個重點創新藥項目,其中4個項目8個適應症已獲批上市,1個項目處於NDA階段,10餘個項目正處於臨床階段。公司成功構建了享譽國際的專有ADC及新型偶聯藥物平台OptiDCTM,已有2個ADC項目5個適應症獲批上市,多個ADC或新型偶聯藥物產品處於臨床或臨床前研究階段。

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17:36
CNOOC Limited Released 2025 Environmental, Social and Governance Report

HONG KONG, April 9, 2026 /PRNewswire/ -- CNOOC Limited ("the Company", SEHK: 00883 (HKD counter) and 80883 (RMB counter), SSE: 600938) released its 2025 Environmental, Social and Governance (ESG) Report in Hong Kong today.

  • Adhere to efficient governance and solidify the foundation for development
  • Advance green transition and foster a sustainable ecosystem
  • Fulfill social responsibility and share the benefits of development

Faced with profound adjustments in the global energy market and fragmentation of the climate governance landscape, CNOOC Limited adheres to the principle of pursuing progress while maintaining stability, and embeds ESG concepts into development strategy and the entire process of operation. ESG governance has been improved to safeguard the Company's high-quality growth. In 2025, the Company received numerous domestic and international accolades, including the "Corporate Sustainability Leadership Awards – Gold Award" from The Asset magazine and the "China Listed Company Value Awards ESG" from Securities Times, reflecting broad stakeholder recognition of the Company's high-quality development achievements.

CNOOC Limited is committed to efficient governance. The Company endeavors to improve decision-making through building a diversified Board of Directors and enhancing the directors' capabilities. ESG-related mechanisms are optimized. Ten key tasks have been completed, including ESG indicator system optimization and climate-related disclosure studies. The Company continues to enhance its risk management and internal compliance systems. Due diligence reviews on ESG issues are conducted. Audits on risk management processes are carried out on a regular basis. All employees have signed the Letter of Commitment on Compliance. Anti-commercial bribery and anti-corruption trainings are arranged to ensure sound corporate governance.

CNOOC Limited is steadily advancing green transition. The Company continues to optimize its product mix and enhances the capacity of clean energy supply. CNOOC Limited adheres to green and low-carbon production throughout the entire process. Energy efficiency has been improved. The application of shore power has been expanded, driving the consumption of green electricity to 1.08 billion kWh in 2025. Flare gas recovery has also achieved remarkable progress. Integrated development of hydrocarbon and renewable businesses has continued. The Company has made solid progress in offshore wind resource acquisition. Hainan CZ7 wind farm project and the world's first 16-MW Tension Leg Platform (TLP) floating wind power project are advancing in an orderly manner. Carbon-negative sectors are fostered. The Company has led the development of two national offshore CCUS standards, and successfully commissioned China's first offshore CCUS demonstration project at Enping 15-1. Offshore trials for deep-sea CO₂ hydrate solidification and sequestration have been carried out to explore "shore-to-sea carbon sequestration" potentials. The preliminary research on oil-gas-electricity-hydrogen-carbon comprehensive energy demonstration project has started. CNOOC Limited adheres to technology-led development. Its annual R&D expenditure registered a 22% year-on-year increase. Digital and intelligent transformation is advanced. The unmanned rate of offshore platforms has been increasing steadily. "Shenhai-1" gas field is selected into China's first batch of pioneer-class smart factory cultivation list.

CNOOC Limited actively fulfills its social responsibilities. Upholding the community co-building approach of "EMPOWER-Empowering communities, limitless acts of kindness", the Company continues to implement public welfare projects in rural revitalization, educational support, and ecological protection. The total annual investment exceeds RMB 134 million, including RMB 74.68 million invested in rural revitalization, which has benefitted approximately 6 million people. In terms of production safety, the Company has been optimizing the accountability system to reinforce the foundation of "Safe CNOOC". Safety improvement campaigns and hazard inspections and rectifications are carried out, to maintain a stable safety performance throughout the year. In line with its talent-driven strategy, the Company enhances employee care and engagement, promoting mutual growth between staff and the Company to improve the employees' sense of safety, belonging, and fulfillment. As for supply chain, CNOOC Limited has been deepening reforms and focusing on ESG-related issues. Compliance trainings for suppliers are implemented, to facilitate a green, win-win, and clean supply chain. CNOOC Limited enhances stakeholder communication and transparency in information disclosure. It has been rated as A-grade in the information disclosure assessment conducted by the Shanghai Stock Exchange for three consecutive years.

Looking ahead, Mr. Zhang Chuanjiang, Chairman of the Company, said: "CNOOC Limited will foster new quality productive forces for marine energy and resources development, and rely on a robust ESG management and disclosure system, to achieve high-quality and sustainable growth. We will strive to build a world-class energy and resources group with distinctive marine characteristics. By pursuing stable development, delivering superior performance, and fulfilling responsibilities, we aim to share the benefits of growth with all stakeholders. We look forward to joining hands with you to create a sustainable and prosperous future together."

— End —

Notes to Editors:

More information about the Company is available at https://www.cnoocltd.com

*** *** *** ***

This press release includes forward-looking information, including statements regarding the likely future developments in the business of the Company and its subsidiaries, such as expected future events, business prospects or financial results. The words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify such forward-looking statements. These statements are based on assumptions and analyses made by the Company as of this date in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that the Company currently believes are appropriate under the circumstances. However, whether actual results and developments will meet the current expectations and predictions of the Company is uncertain. Actual results, performance and financial condition may differ materially from the Company's expectations, as a result of salient factors including but not limited to those associated with macro-political and economic factors, fluctuations in crude oil and natural gas prices, the highly competitive nature of the oil and natural gas industry, climate change and environment policies, the Company's price forecast, mergers, acquisitions and divestments activities, "health, safety, security and environment" (HSSE) and insurance policies and changes in anti-corruption, anti-fraud, anti-money laundering and corporate governance laws.

Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements. The Company cannot assure that the results or developments anticipated will be realised or, even if substantially realised, that they will have the expected effect on the Company, its business or operations.

*** *** *** ***

*** *** *** ***

For further enquiries, please contact:

Liu Cui
Media & Public Relations
CNOOC Limited
Tel: +86-10-8452-6641
Fax: +86-10-8452-1441
E-mail: [email protected] 

Cheng Yao
Ever Bloom (HK) Communications Consultants Group Limited
Tel: +852 5540 0725
Fax: +852 2111 1103
E-mail: [email protected] 

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17:36
Ping An Launches "Service Year 2026": Upgrades AI‑Powered Express Service and Global Emergency Assistance

HONG KONG and SHANGHAI, April 9, 2026 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. ("Ping An" or "the Group"; HKEX: 2318/82318; SSE: 601318) today announced major upgrades to its AI‑powered Express Service and Global Emergency Assistance, marking the launch of its "Service Year 2026" initiative.

The upgrades reflect Ping An's continued focus on strengthening customer experience and safety through technology‑enabled services, as the Group deepens its "finance + services" business model.

Powered by AI, Express Service streamlines complex service processes across multiple apps and scenarios, providing customers with a single access point to complete transactions, financing, claims and urgent requests using one sentence. The service integrates online service processing with offline professional resources, including service outlets, hospitals, health institutions, car owner services and rescue providers.

Ping An also announced enhancements to its Global Emergency Assistance service. Supported by a global rescue network and guided by the 3A service philosophy of Anytime, Anywhere and Anything, the upgraded offering now includes 38 services covering more than 100 types of emergency risks across three major scenarios: at home, outdoors and overseas.

At the event, Michael Guo, Co‑CEO of Ping An Group, announced the launch of Service Year 2026 and outlined the strategic rationale behind the service upgrades. "Regardless of how complex financial services may be, the starting point and destination should always be the customer," Michael said. "By upgrading our services, we aim to reduce friction, strengthen protection and deliver more tangible value in customers' daily lives."

Responding to Evolving Customer Needs

Michael added that the latest service upgrades are based on Ping An's insights into three evolving customer needs: better service experience, greater safety protection and improved eldercare support.

As customers manage increasingly complex financial products across multiple accounts, convenience and efficiency have become critical. At the same time, greater population mobility and demographic aging have increased demand for safety and emergency assistance. Services tailored to the needs of an aging society, particularly in health, care and dignity, remain insufficient.

In response, Ping An introduced its "Three Ones" service framework: "one sentence to get things done" through Express Service, "one button for emergency response" through Global Emergency Assistance, and "lifelong dignity safeguarded" through a Life Dignity Protection Service currently under preparation.

In 2025, Ping An recorded approximately 90 million average monthly active online users, ranking among the highest‑traffic platforms in China's financial industry. The Group's Global Emergency Assistance network now covers 233 countries and regions, supporting customers in multiple overseas emergency incidents.

AIEnabled Service Execution

Ray Wang, Chief Technology Officer of Ping An Group, said Express Service reflects the evolution of AI from information tools into service execution platforms.

Developed for Ping An's 251 million customers, the AI assistant integrates more than 300 digital services, enabling it to understand customer intent, coordinate workflows and activate appropriate services. It also supports proactive service management by identifying process gaps and intervening early at key stages.

Wang said Ping An remains committed to consumer protection, including transparent and traceable algorithm governance, strong data security through privacy computing and multi‑layer encryption, and inclusive service design that supports customers of all age groups.

Strengthening Global Emergency Assistance

Shi Weiyu, General Manager of Ping An Life, introduced the upgraded Global Emergency Assistance service and its 3A framework.

Ping An operates a 24/7 global emergency assistance service center, enabling rapid response through the in‑app "SOS One‑Click Help" function and the "95511‑9" hotline. Its global network connects more than 200,000 medical institutions and 600,000 service providers, allowing rescue resources to be mobilized worldwide within an average of 20 minutes.

The service integrates smart devices and an intelligent platform to monitor risks, connect rescue, medical treatment, rehabilitation and claims processes, and help customers save time, effort and cost.

Global Emergency Assistance has already been integrated into product and customer benefit systems across several Ping An subsidiaries, with further expansion planned, including new offerings from Ping An Bank.

Looking Ahead

Ping An will continue to deepen its service‑driven strategy by upgrading Express Service, Global Emergency Assistance and the forthcoming Life Dignity Protection Service. Through these initiatives, the Group aims to translate customer needs into concrete service scenarios and strengthen its position as a provider of integrated financial, healthcare and senior care solutions.

About Ping An Insurance (Group) Company of China, Ltd.

Ping An Insurance (Group) Company of China, Ltd. (HKEX:2318 / 82318; SSE:601318) is one of the largest financial services companies in the world. It strives to become a world-leading provider of integrated finance, health and senior care services. Under the technology-enabled "integrated finance + health and senior care" dual-pronged strategy, the Group provides professional "financial advisory, family doctor, and senior care concierge" services to its over 250 million retail customers. Ping An advances intelligent digital transformation and employs technologies to improve financial businesses' quality and efficiency and enhance risk management. The Group is listed on the stock exchanges in Hong Kong and Shanghai. As of the end of December 2025, Ping An had more than RMB13 trillion in total assets. The Group ranked 27th in the Forbes Global 2000 list in 2025, 47th in the Fortune Global 500 list in 2025, and ranked AAA in MSCI ESG Ratings in 2025

For more information, please visit the www.group.pingan.com and follow our LinkedIn page - PING AN.

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