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<Full-day Takeaway>HSI Up 315 pts; HSTI Up 127 pts; MEITUAN Up over 6%; HKEX, SINO BIOPHARM, NTES, ZA ONLINE, SIMCERE PHARMA Hit New Highs; Market Turnover Rises
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<Research>CLSA: US Court Ruling on Reciprocal Tariffs Favors Apple's Suppliers, Incl. AAC TECH, COWELL, BYD ELECTRONIC, SUNNY OPTICAL
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20+ BYD 4S Dealers in Shandong Halt Operations: Report
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<Research>BOCOMI: Many CN Innovative Drugs to Announce Blockbuster Data at ASCO Meeting w/ Record High No. of Selected CN Innovative Drug
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US Court Orders Ban on Reciprocal Tariffs; CN MoFA: Tariff Wars Ultimately Unpopular
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No. of COVID-19 Cases Hikes, Triggering Speculation in Related Pharma; CSPC PHARMA/ JUNSHI BIO/ SIMCERE PHARMA/ BRII-B Surge 10%+
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JD 618 Event To Start Tmr Night, Offering RMB6,180+ Subsidy Per Person Per Day
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BEIGENE Plans to Introduce 4 New Drugs in HK by 2030
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MO Wealth Partaking Scheme to Begin Distribution on 15 Ju w/ 183-day Residency Requirement
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CSPC PHARMA Discloses 1Q25 Results, Leaping 10% After Midday
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NWD Eyeing Refinancing Agreement with 50+ Banks by End-Jun; Bank CEOs Keeping Close Tab on Progress: Wire
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<Midday Takeaway>Top 5 Gainers among ETFs; XL2CSOPNVDA Surges 8.6% Topping Chart
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<Research>UBS Attributes ZA ONLINE's Recent Sharp Rally to Stablecoin Law Passed in HK
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<H Shrs>HSI Mounts 150 Pts at Midday as MEITUAN Advances ~5%; WUXI BIO Rallies ~9%
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KUAISHOU-W's Kling AI Launches 2.1 Series Model
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<Midday Takeaway>HSI Closes Midday at 23,408, Up 150 pts; HSTI Closes Midday at 5,255, Up 80 pts; MEITUAN Up over 4%; HKEX, NTES, SF INTRA-CITY, SDHG, CHINA MER PORT Hit New Highs
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<Results>CSPC PHARMA 1Q NP Slips 8.4% to RMB1.478B
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<On Move>ZA ONLINE Rockets 23% to Set Over-7-mth High w/ Surged Vol.
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<Research>HSBC Global Research Ratings, TPs on HK/ CN Banks (Table)
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JD LOGISTICS Plans to Increase Pickup Pts in Sha Tin to 70+, Deploy Delivery Robots in Wan Chai
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