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Hong Kong-listed new consumption concept stocks showed mixed performance, with Pop Mart (09992.HK) rising nearly 8%, Bruker (00325.HK) rising over 3%, and Gu Ming (01364.HK) rising over 2%; while Shanghai Auntie (02589.HK) fell over 3%, and XPeng Gro

2026-05-08

Hong Kong-listed new consumption concept stocks showed mixed performance, with Pop Mart (09992.HK) rising nearly 8%, Bruker (00325.HK) rising over 3%, and Gu Ming (01364.HK) rising over 2%; while Shanghai Auntie (02589.HK) fell over 3%, and XPeng Group (09868.HK) and NIO (09866.HK) fell over 2%.

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2026-05-08

President Donald Trump said there is no need to impose restrictions on U.S. oil or jet fuel exports despite global supply shortages caused by disruptions in the Strait of Hormuz. Speaking in Washington, Trump said the U.S. has “tremendous amounts of

President Donald Trump said there is no need to impose restrictions on U.S. oil or jet fuel exports despite global supply shortages caused by disruptions in the Strait of Hormuz. Speaking in Washington, Trump said the U.S. has “tremendous amounts of oil” and praised the surge in exports that has made the country the world’s largest crude exporter ahead of Saudi Arabia. Analysts have warned that Elevated export levels could strain domestic supply capacity, but Trump dismissed those concerns and said ships are increasingly loading crude from ports in Texas, Louisiana and Alaska as trade routes shift away from Hormuz.
2026-05-08

Royal Bank of Canada raised its price target for Airbnb (ABNB.O) from $170 to $173.

Royal Bank of Canada raised its price target for Airbnb (ABNB.O) from $170 to $173.
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