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Well Link Global Information (2024 June 27th)

2024-06-27

U.S. stocks closed slightly higher, with the Dow Jones rising by 15 points or 0.04% to 39,127 points; the S&P 500 fluctuated up by 0.16% to 5,477 points; the Nasdaq rose by 0.49% to 17,805 points; the Golden Dragon Index, reflecting the performance of Chinese concept stocks, rebounded by 0.43%.


In the Hong Kong stock market, Tencent Holdings (00700)'s Tencent Games announced that minors are limited to playing for 3 hours per week during the summer vacation. Tencent Games released a calendar for minors' limited play, dividing the period from July to August this year into "banned play days" and "unbanned play days". Minor players can only play for 1 hour from 8 pm to 9 pm on Friday to Sunday, totaling 23 hours of game login time during the entire summer vacation.


Meituan is considering raising funds through bond issuance this year and is working with investment banks to prepare for the bond issuance, with the scale potentially exceeding 1 billion U.S. dollars, equivalent to over 7.8 billion Hong Kong dollars. The funds will be used to replenish operating capital, repay some bonds due next year, and provide capital for business expansion. Sources say that the group's bond issuance plan is still in the early stage, and the scale and terms are still being negotiated and may change.