1. Yixin Group Outlines Board Roles and Committees

The latest announcement is out from Yixin Group (HK:2858). Yixin Group Limited has announced the roles and functions of its board of directors, composed of executive, non-executive, and independent non-executive directors. These directors also serve on various committees (Audit, Remuneration, Nomination), ensuring effective governance and strategic oversight.

More about Yixin Group

Yixin Automotive Technology Group Limited, incorporated in the Cayman Islands, operates in the automotive industry, focusing on automotive technology solutions.

Current Market Cap: $758.8M

For detailed information about 2858 stock, go to TipRanks’ Stock Analysis page.

2. Sun Hung Kai & Co. Enhances Service Agreement with Caldisc for Australian Operations

Sun Hung Kai & Co. Limited (HK:0086) has entered into a Service Agreement with Caldisc, providing staff and administrative services for its Australian operations. Pricing is set by international transfer pricing guidelines (7.5%-12% markup). Annual Caps have increased due to restructuring and expected business growth, resulting in higher advisory service outsourcing.

More about Sun Hung Kai & Co. Limited

Operating in financial services, SHK invests and offers services across different regions, including Australia.

YTD Price Performance: 1.25%
Average Trading Volume: 4,214
Technical Sentiment: Strong Sell
Current Market Cap: €666M

See more insights into 0086 stock on TipRanks’ Stock Analysis page.

3. China Galaxy Securities Completes Issuance of Short-Term Commercial Paper

China Galaxy Securities (HK:6881) successfully completed its 2025 first tranche of short-term commercial paper, raising RMB3 billion at a 1.64% coupon rate. This move strengthens the firm’s liquidity and operational capabilities, enhancing competitiveness and benefiting stakeholders.

More about China Galaxy Securities Co.

A prominent securities firm in China, offering brokerage, investment banking, and asset management services.

Average Trading Volume: 0

See more data about 6881 stock on TipRanks’ Stock Analysis page.

4. ITC Properties Secures Waiver Extension and Clarifies Disposal Announcement

ITC Properties (HK:0199) received an additional waiver from the Hong Kong Stock Exchange, extending the dispatch date of a major-transaction circular until January 17, 2025. The company also corrected a clerical error in a previous disposal announcement, explaining the delay’s reasons.

More about ITC Properties Group Limited

YTD Price Performance: -6.82%
Average Trading Volume: 408,108
Technical Sentiment: Buy
Market Cap: HK$186M

Find analytics on 0199 stock on TipRanks’ Stock Analysis page.

5. Shanghai Industrial Urban Development Group Announces Change in Share Registrar

Shanghai Industrial Urban Development (HK:0563) is changing its Hong Kong branch share registrar to Tricor Investor Services Limited, effective January 27, 2025. This impacts share transfer applications and certificate collection through the new registrar from that date.

More about Shanghai Industrial Urban Development Group Ltd

Focused on real estate and urban development projects.

YTD Price Performance: -6.76%
Average Trading Volume: 690,062
Technical Sentiment: Strong Buy
Market Cap: HK$1.65B

Find detailed analytics on 0563 stock on TipRanks’ Stock Analysis page.

6. 3SBio Partners with Duality Biologics for HER2 ADC Drug Commercialization

3SBio (HK:1530) announced a cooperation agreement between Shenyang Sunshine Pharmaceutical and Duality Biologics to commercialize the HER2 ADC drug DB-1303 in Mainland China, Hong Kong, and Macau. Duality continues clinical development; 3SBio handles commercialization, potentially strengthening its biopharma market position.

More about 3SBio

Specializes in biopharmaceuticals for cancer and autoimmune diseases, focusing on next-generation ADCs.

YTD Price Performance: -5.71%
Average Trading Volume: 313
Technical Sentiment: Strong Buy
Market Cap: $1.75B

Learn more about 1530 stock on TipRanks’ Stock Analysis page.

7. CSPC Pharmaceutical Gains Approval for New Diabetes Drug

CSPC Pharmaceutical (HK:1093) received Chinese regulatory approval for Prusogliptin Tablets (Shanzeping), a type 2 diabetes therapy enhancing insulin secretion and reducing blood glucose. The new addition enriches CSPC’s metabolism product line.

More about CSPC Pharmaceutical Group

Develops and produces innovative pharmaceutical solutions, focusing on R&D in multiple healthcare areas.

YTD Price Performance: -5.76%
Average Trading Volume: 7,366
Technical Sentiment: Buy
Market Cap: $6.52B

For details on 1093 stock, visit TipRanks’ Stock Analysis page.

8. Distil PLC Announces Change in Major Shareholding

Distil plc (GB:DIS) reports that Dr. Graham Cooley increased his voting rights stake to 13.21% (from 12.11%). This could influence future corporate decisions and market perceptions, given the shift in shareholder dynamics.

More about Distil plc

YTD Price Performance: -16.00%
Average Trading Volume: 6,952,190
Technical Sentiment: Buy
Market Cap: £1.53M

Analytics on DIS stock at TipRanks’ Stock Analysis page.

9. VinaCapital Vietnam Opportunity Fund Buys Back Shares

VinaCapital Vietnam Opportunity Fund (GB:VOF) repurchased 81,237 shares on January 10, 2025, at GBP 4.660704 each. These go into treasury (now at 6,836,058 shares). The total voting rights stand at 142,742,965, potentially affecting FCA shareholder notifications.

More about VinaCapital Vietnam Opportunity Fund

A registered closed-ended investment scheme in Guernsey, focusing on Vietnamese investment opportunities.

YTD Price Performance: 4.19%
Average Trading Volume: 6,202
Technical Sentiment: Hold

Analytics on VOF at TipRanks’ Stock Analysis page.

10. Elf Beauty Upgraded to Overweight from Equal Weight at Morgan Stanley

Morgan Stanley upgraded Elf Beauty (ELF) to Overweight with a $153 price target (up from $139). The firm sees compelling valuation given “outsized” long-term growth potential after a stock pullback. U.S. scanner data shows “still solid” growth, and Elf’s international expansion plus easier comps may drive upside.

11. STMicroelectronics Downgraded to Hold from Buy at TD Cowen

TD Cowen downgraded STMicroelectronics (STM) to Hold from Buy, lowering the price target to $25 from $32. The firm cites “extra gusty” semiconductor cyclical headwinds and inventory pressures. STMicro’s power semi leadership and manufacturing advantages remain, but near-term revenue and margins may stay muted.

12. Nvidia Price Target Lowered to $185 from $195 at HSBC

HSBC analyst Frank Lee cut Nvidia (NVDA) PT to $185 from $195 but keeps a Buy rating. Ongoing GB200 supply chain ramp-up overhang in H1 FY26 suggests limited “beat and raise” upside. Supply issues could weigh on GB200 revenue forecasts.

13. Nanollose Ltd. Adjusts Capital Management with Cessation of Performance Rights

Nanollose (AU:NC6) ceased 2,000,000 performance rights due to unmet issuance conditions, impacting its capital management strategy. This move could shape market positioning and shareholder relations.

More about Nanollose Ltd.

Specializing in eco-friendly cellulose materials to reduce environmental impact across industries.

YTD Price Performance: -5.00%
Average Trading Volume: 258,367
Technical Sentiment: Strong Buy
Market Cap: A$3.74M

More on NC6 at TipRanks’ Stock Analysis page.

14. Endúr ASA Advances Share Buy-Back Program

Endúr ASA (DE:4ZT0) acquired an additional 8,507 shares at an average NOK 67.4249, bringing total buy-backs to 441,580 shares at NOK 52.3071 average. The program, set to complete by February 2026, aims to optimize capital structure and enhance shareholder value.

More about Endúr ASA

A leading supplier of marine infrastructure construction and maintenance.

YTD Price Performance: -4.58%
Technical Sentiment: Sell
Market Cap: €208.2M

Analytics on 4ZT0 at TipRanks’ Stock Analysis page.

15. CRH plc Announces Share Buyback Initiative

CRH plc (CRH) is buying back shares up to $300M by February 2025, aiming to enhance shareholder value. This strategic capital management approach may strengthen CRH’s position in the global building materials sector.

More about CRH plc

CRH is a major building materials provider, offering cement, aggregates, and related construction products worldwide.

YTD Price Performance: 1.56%
Average Trading Volume: 418,825
Technical Sentiment: Sell
Market Cap: £51.07B

For details, see TipRanks’ Stock Analysis page.

16. Octopus Investments Adjusts Stake in The Mission Group PLC

The Mission Group (GB:TMG) saw Octopus Investments reduce its voting rights from 3.86% to 2.89%. This shift could alter stakeholder dynamics and strategic decisions.

More about The Mission Group PLC

YTD Price Performance: 13.33%
Average Trading Volume: 156,250
Technical Sentiment: Hold
Market Cap: £24.58M

Assessment of TMG stock at TipRanks’ Stock Analysis page.

17. Hesai Downgraded to Equal Weight from Overweight at Morgan Stanley

Morgan Stanley downgraded Hesai (HSAI) to Equal Weight from Overweight, raising the price target to $15 (from $5.80). Despite a solid order pipeline, the stock’s 95% rally since mid-Nov leaves limited multiple upside. Uncertainty exists around client demand and price pressure from carmakers.

18. Douglas Emmett Upgraded to Overweight from Neutral at Piper Sandler

Piper Sandler upgraded Douglas Emmett (DEI) to Overweight with a $20 price target. The “enormity” of LA fires may boost multifamily real estate demand and indirectly help office/warehouse segments. Douglas Emmett’s small-tenant portfolio and pre-built suites cater to involved rebuild/insurance teams.

19. Malteries Franco-Belges (MALT) Declares Q1 Dividend: Important Details for Shareholders

Malteries Franco-Belges (Paris: MALT) declared a yearly cash dividend of €3.90 per share, payable on 01/24/2025 to shareholders of record on 01/22/2025. The dividend yield stands at 0.44%.

Explore more dividend dates on TipRanks’ Dividend Calendar.

20. RH Upgraded to Overweight from Equal Weight at Morgan Stanley

Morgan Stanley’s Simeon Gutman upgraded RH to Overweight with a $530 price target (up from $435). New collection launches, a favorable “wealth effect,” and abating overhangs might boost RH’s fundamentals. Following three years of subdued demand and margin compression, RH may be entering an inflection with renewed operating leverage.

Disclaimer: The information contained in this article represents the views and opinion of the writer only, and not the views or opinion of TipRanks or its affiliates, and should be considered for informational purposes only. TipRanks makes no warranties about the completeness, accuracy or reliability of such information. Nothing in this article should be taken as a recommendation or solicitation to purchase or sell securities. Nothing in the article constitutes legal, professional, investment and/or financial advice and/or takes into account the specific needs and/or requirements of an individual, nor does any information in the article constitute a comprehensive or complete statement of the matters or subject discussed therein. TipRanks and its affiliates disclaim all liability or responsibility with respect to the content of the article, and any action taken upon the information in the article is at your own and sole risk. The link to this article does not constitute an endorsement or recommendation by TipRanks or its affiliates. Past performance is not indicative of future results, prices or performance.

• A global leader in online trading, Pepperstone joins as Global Forex and Trading Partner

• Pepperstone branding will debut on the AMR25 when the car is revealed ahead of the 2025 season

AMRTC, Silverstone, 6 January 2025 – The Aston Martin Aramco Formula One® Team has started the year with its first exciting partner announcement of 2025. Pepperstone, a global leader in online trading, is welcomed to the team as Global Forex and Trading Partner in a dynamic multi-year collaboration.

Pepperstone, a global leader in online trading and well renowned for its commitment to premium client service, shares aligned values with the Aston Martin Aramco Formula One® Team. Both organisations are united by a core belief in betterment – striving to continually improve, break boundaries, and perform at the highest level in their respective arenas.

As global financial markets and Formula One both experience significant growth, this partnership highlights the shared ambition to be better every day. For Pepperstone, that means empowering traders in over 160 countries with powerful platforms, advanced tools and exceptional client service. For Aston Martin Aramco, it’s about competing at the pinnacle of motorsport with relentless determination and innovation.

The Pepperstone car branding will debut on the AMR25 when it is launched ahead of the 2025 F1 season.

Jefferson Slack, Managing Director of Commercial, Aston Martin Aramco Formula One® Team, said: “We’re delighted to welcome Pepperstone to Aston Martin Aramco and the world of motorsport. This partnership reflects our shared commitment of pushing boundaries and redefining excellence, and we look forward to collaborating with Pepperstone to create unparalleled opportunities and drive impact in key global markets. We believe that together with Pepperstone we are well placed to promote their exceptional services to a global audience in an exciting category.”

Tamas Szabo, Group CEO, Pepperstone, said: “Pepperstone and Aston Martin Aramco thrive in high-performance, precision-driven environments where trust, excellence, and relentless innovation are at the core of everything we do. We are thrilled to work together and build a winning partnership that drives success both on and off the track, and we can’t wait to celebrate this at the Australian Grand Prix in Melbourne, the first of the season and our home race.”

About Pepperstone:

Established in 2010, Pepperstone has grown to become an award-winning online global forex and CFD broker known for delivering exceptional client service and withdrawals to tens of thousands of clients around the world. Pepperstone has subsidiaries across the globe and is regulated by the Australian Securities and Investments Commission (ASIC), the UK Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySec), the Securities Commission of The Bahamas (SCB), the Dubai Financial Services Authority (DFSA), the Federal Financial Supervisory Authority (BaFin) and The Capital Markets Authority of Kenya (CMA). The Pepperstone Group of Companies have clients in over 160 countries.

For more information, please visit www.pepperstone.com or contact [email protected].

Euro fell in European trade on Monday on track for the fifth loss in a row against the US dollar, plumbing 26-month lows amid a grim outlook about the common currency’s performance in the first half of the year. 

Markets expect the European Central Bank to cut interest rates at the January meeting, which would widen the interest rate gap with the US in favor of the dollar.

A survey conducted by Reuters showed that many forex analysts expect the EUR/USD pair to reach parity during the first half of the year.

The Price

The EUR/USD pair fell 0.3% to $1.0207, the lowest since November 2022, with a session-high at $1.0250.

The pair fell 0.6% on Friday, marking the fourth loss in a row following strong US labor data.

The euro lost 0.7% last week, marking the sixth weekly loss in a row, and the longest such streak of losses since July 2023.

European Rates

Markets are estimating a 60% chance of an ECB interest rate cut in January.

It comes as eurozone prices overall trend towards the 2% target in the medium term.

US Rates

The recent US payrolls report showed the economy added more jobs than expected in December, while unemployment fell unexpectedly in another sign of the tight US labor conditions.

The report tanked the odds of a Fed 0.25% rate cut in January from 7% to just 2.5%.

Now investors await important US inflation data this week to gather more clues.

The Rate Gap

The US-Eurozone interest rate gap currently stands at 135 basis points in favor of the US, and will likely expand to 160 basis points in January.

The Japanese yen rose in Asian trade on Monday and expanded gains for the third straight session away from a six-month trough against the US dollar on speculation about the Bank of Japan’s future policies.

Media sources indicated that recent wage increases and rises in import costs due to the weaker yen might prompt the BOJ to act against such inflationary pressures. 

The Price

The USD/JPY fell 0.3% today to 157.26 yen per dollar, with a session-high at 157.96.

The yen rose 0.3% on Friday, the second profit in a row, away from a six-month trough at 158.87.

The yen remains under the supervision of Japanese authorities, which repeatedly sounded the alarm about the yen’s excessive weakness.

The yen lost 0.3% against the dollar last week, marking the fifth weekly loss in the past six weeks as US 10-year treasury yields rallied.

BOJ

The latest reports indicated the BOJ is considering a hike to its core inflation forecasts in the 2024-2025 financial year, reflecting increasing worries about inflation.

Reuters’ sources said the BOJ will likely raise its inflation forecasts at the January policy meeting, which paves the way for a likely intervention.

Japanese Rates 

The markets are estimating a 55% chance of a BOJ interest rate hike at the January meeting, while waiting for more data this week to gather more clues.