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<Midday Takeaway>Top 5 Gainers among ETFs; XL2CSOPMSTR Surges 4.5% Topping Chart
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<H Shrs>HSI Climbs 111Pts at Midday; CN Financials & Casinos Soar; Some Pharmas Slip
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<Research>CICC: HSI Could Return to 24,000 Lv. Under Optimistic Scenario; Tariff Talks, Domestic Stimulus Clarity Needed for Medium- to Long-Term
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<Midday Takeaway>HSI Closes Midday at 22,773, Up 111 pts; HSTI Closes Midday at 5,227, Down 11 pts; AIA Up over 3%; BOC HONG KONG, CHINAGRANDPHARM, BEIJING ENT Hit New Highs
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<IPO> BRETON Closes Up 49.2% to $26.85 at Midday
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CN Cuts Refinancing Rate by 0.25 ppts w/ Immediate Effect
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MO May Day Golden Wk Hotel Occupancy Rate ~100%; MO Plans to Relax Licensing Regulations for Youth/ Small Hostels
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PBOC To Cut Rates for Personal Housing Provident Fund Loans; Rates for 1st Homes w/ Terms of 5+ Yrs Axed to 2.6%
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《HIBOR》1-Month HIBOR Down to 3.08%, Logging 1-month Low
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BABA-W's Tongyi Qianwen Becomes Foundation for AI Development in JP
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Alibaba’s Tongyi Qianwen Wins Global Open-Source Model Championship
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<Research>HSBC Research Expects CHOW TAI FOOK FY2026 DPS to Be $63 Cents, Elevates TP by 50%+ to $14.6
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<Research>Soochow Securities: CN Interest Rate/ RRR Cuts Can Stabilize Domestic Demand, Benefit External Equilibrium; Funding Support for Policy Lenders Via PSL Not Ruled Out
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<Research>CLSA Adds CSPC PHARMA's TP to $13.8, Rating 'High-Conviction Outperform'
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PBOC to Lower SLF Rates by 10 bps Tmr
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Pan Gongsheng: PBOC Firmly Supports Central Huijin's Increase of Holdings of Stock Mkt Index Funds When Necessary
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CSRC Supports Return of Quality CN ADRs to Mainland/ HK Mkts: Wu Qing
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Global M&A Contracts Fall to Over-20-yr Low in Apr on Reciprocal Tariffs
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<Research>CMS Slashes YUM CHINA TP to $445, Cuts Sales Forecasts
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PBOC To Cut RRR for Financial Firms by 0.5 ppts from Next Thu, Trim RRR for Auto Finance & Leasing Firms by 5 ppts
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