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XPeng, Inc. Class A (9868) Receives a Buy from Jefferies
XPeng, Inc. Class A (9868) Receives a Buy from Jefferies

Business Insider

time2 days ago

  • Business
  • Business Insider

XPeng, Inc. Class A (9868) Receives a Buy from Jefferies

In a report released today, Johnson Wan from Jefferies maintained a Buy rating on XPeng, Inc. Class A (9868 – Research Report), with a price target of HK$112.60. The company's shares closed yesterday at HK$76.35. Confident Investing Starts Here: According to TipRanks, Wan is ranked #3115 out of 9552 analysts. XPeng, Inc. Class A has an analyst consensus of Strong Buy, with a price target consensus of HK$111.09, a 45.50% upside from current levels. In a report released on May 23, DBS also maintained a Buy rating on the stock with a HK$118.00 price target.

Jefferies Keeps Their Buy Rating on Li Auto, Inc. Class A (L87)
Jefferies Keeps Their Buy Rating on Li Auto, Inc. Class A (L87)

Business Insider

time3 days ago

  • Automotive
  • Business Insider

Jefferies Keeps Their Buy Rating on Li Auto, Inc. Class A (L87)

In a report released today, Johnson Wan from Jefferies maintained a Buy rating on Li Auto, Inc. Class A (L87 – Research Report), with a price target of HK$132.10. The company's shares closed last Tuesday at €12.43. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Wan is ranked #3165 out of 9551 analysts. Li Auto, Inc. Class A has an analyst consensus of Strong Buy, with a price target consensus of €14.49, which is a 16.57% upside from current levels. In a report released on May 15, J.P. Morgan also maintained a Buy rating on the stock with a HK$132.00 price target. The company has a one-year high of €15.92 and a one-year low of €7.99. Currently, Li Auto, Inc. Class A has an average volume of 5.

Prudential BSN leads in Family Takaful for the 12th year
Prudential BSN leads in Family Takaful for the 12th year

The Star

time3 days ago

  • Business
  • The Star

Prudential BSN leads in Family Takaful for the 12th year

Wan Saifulrizal (right) said that PruBSN is committed to offering affordable yet comprehensive coverage despite the rise of medical claims inflation. Prudential BSN Takaful Berhad (PruBSN) is named Malaysia's Best Takaful Operator – Family Takaful Agency Business for the 12th year at the Takaful Star Awards 2025. The award by the Malaysia Takaful Association (MTA) reaffirms PruBSN's excellence in the Family Takaful segment since its establishment in 2006. For almost two decades, the company has demonstrated significant growth while staying focused on its mission to deliver accessible, Shariah-compliant protection solutions to all Malaysians. Better solutions for the future According to PruBSN chief executive officer Wan Saifulziral Wan Ismail, medical claims inflation has risen by about 16% annually between 2021 and 2023 as inflation and healthcare costs have soared over the years. Despite this, he maintains that PruBSN is committed to offering quality protection solutions that strike the right balance between affordability and comprehensive coverage. 'We continue to focus on sustainable innovation – enhancing value for our customers without compromising coverage and the quality of protection. Wan Saifulrizal receiving the award from MTA chief executive officer Mohd Radzuan Mohamed. 'Through continuous education, we ensure our customers are empowered to make informed decisions,' said Wan Saifulrizal. Wan added that a total of RM1.2bil was disbursed across all types of claims in 2024 alone, ensuring timely and comprehensive support for peace of mind. As healthcare needs grow more complex, PruBSN has expanded its offerings that are customisable and affordable including PruBSN AnugerahMax, PruBSN Asas360, Medik Asas, Crisis TotalCare, Medic TotalCare and Health360 to meet Malaysians' evolving needs. With healthcare expenditure projected to double by 2028, these solutions are built to address both physical and financial risks, empowering Malaysians to face life's uncertainties with confidence. Inclusive and accessible healthcare At the heart of PruBSN's philosophy lies the spirit of Ta'awun – the principle of mutual assistance. PruBSN's Tabarru' fund enables participants to support one another in times of need, reflecting the company's commitment to inclusive, accessible healthcare and social sustainability. According to Wan, PruBSN's Microtakaful Jariyah initiative embodies this spirit by offering complimentary protection to B40 breadwinners. The programme supports underserved communities by offering coverage to more than 188,000 individuals, with nearly RM5mil in claims disbursed since its inception. PruBSN team celebrating the win as the Best Family Takaful Operator. At the forefront of inclusive Takaful ecosystem PruBSN has earned other recognitions during the prestigious awards night including third place in Top Unit Manager, first place in Top Agency Manager (Direct), second place in Top Agency Manager (Group), first place for the MDRT Builder Award, a special award for MTA Member Companies Top Agency/Agent/Intermediaries, as well as several Institution categories for best Takaful products such as Critical Illness Plan, Terms Plan, Social Takaful Fund and Microtakaful. The Takaful Star Awards, presented annually by MTA, recognise exemplary performance among Takaful operators, agents and industry leaders. PruBSN remains resolute in its commitment to deliver value-driven, sustainable protection solutions that support the health, security and financial well-being of all Malaysians.

‘It will erode customer trust': Syndicates reuse original bottles to sell fake engine oil, Domestic Trade Ministry warns consumers
‘It will erode customer trust': Syndicates reuse original bottles to sell fake engine oil, Domestic Trade Ministry warns consumers

Malay Mail

time25-05-2025

  • Automotive
  • Malay Mail

‘It will erode customer trust': Syndicates reuse original bottles to sell fake engine oil, Domestic Trade Ministry warns consumers

KUALA LUMPUR, May 25 — Sellers of counterfeit engine oil are using deceptive tactics to mislead consumers, including reusing original oil bottles and refilling them with low-quality recycled oil. The Ministry of Domestic Trade and Cost of Living (KPDN) said in a statement that its investigations found fake engine oil being sold on e-commerce platforms at prices significantly lower than genuine products. 'In addition, the syndicate uses plastic containers that closely resemble the original packaging and distributes them to vehicle workshops and spare part shops that are not authorised dealers of the engine oil brand,' the ministry said, as reported by Harian Metro. 'There are ways to avoid being deceived. Consumers should purchase engine oil from authorised dealers or branded petrol stations,' KPDN said. The ministry also advised consumers to scan the QR code or check the serial number on the packaging to verify the product and examine the container closely to avoid counterfeits. A vehicle workshop operator in Shah Alam, who wished to be known only as Wan, said counterfeit and low-quality engine oil is a real issue in the market. 'Based on experience, using low-quality or recycled engine oil will have noticeable effects on the vehicle,' he said. 'The engine will feel heavy and when you open the internal parts, it's as if the car has been running on burnt oil.' Wan said he never recommends fake oil to customers as it risks damaging vehicles and tarnishing his workshop's reputation. 'It will erode customer trust,' he added. He usually recommends genuine engine oil with a product warranty to assure customers of its quality. 'However, the issue also lies with consumers. Most of them want cheaper prices, which contributes to the spread of these products. 'Without demand, there would be no supply. Some recycled engine oil is even refilled into bottles of well-known brands, making it hard to detect,' he said. Another workshop operator in Kajang, who identified himself as Kamal, said the price of genuine engine oil starts from RM80, depending on whether it is semi-synthetic or fully synthetic. 'Some workshops offer package deals for RM50, including air filter replacement and service costs. 'That price is unrealistic for a business to make profit, which means something is not right with the oil being sold,' he said. Kamal said some foreign-owned workshops sell these products, and he has personally seen used engine oil containers being washed and refilled with recycled oil. 'It's up to the consumers. If there's no demand, there will be no supply of counterfeit engine oil,' he added. Meanwhile, Harian Metro reported that banners promoting cheap engine oil offers were observed at several workshops in Shah Alam.

Dismayed Chinese students ponder prospects after Trump Harvard ban
Dismayed Chinese students ponder prospects after Trump Harvard ban

France 24

time23-05-2025

  • Politics
  • France 24

Dismayed Chinese students ponder prospects after Trump Harvard ban

The sharp escalation in Trump's longstanding feud with the elite Cambridge, Massachusetts-based college came as tensions simmer between Washington and Beijing over trade and other issues. Around 1,300 Chinese students are currently enrolled at Harvard, according to official figures, and hundreds of thousands more attend other universities in a country long viewed by many in China as a beacon of academic freedom and rigour. Admissions consultant Xiaofeng Wan, who advises overseas students on getting into top US universities, told AFP he had been on the phone with panicked clients all evening. "I've got questions not only from families but also from school-based college counsellors in China as well, including principals of high schools," Wan said, speaking by phone from Massachusetts. "They were all shocked by the news. They could not believe that this actually happened." On the streets of Beijing on Friday, budding international students told AFP they feared their scholarly ambitions were now hanging in the balance. "I'm a bit panicked to be honest," said Jennifer, who was planning to attend college in the United States this autumn. While she did not intend to apply to Harvard, "budget cuts and enrollment restrictions affect all universities in the United States, regardless of where you apply", said the 20-year-old, who declined to give her surname. Jennifer said she worried Trump's policies would "affect my chances of getting admitted" to her top choice, Ohio State University, which said last month that the federal government had revoked the visas of at least seven of its international students. "My classmates and I feel like we don't have any particularly good solutions to this issue, other than being pessimistic," she said. 'Sense of panic' Trump has blasted Harvard for refusing to submit to government oversight on admissions and hiring, and has repeatedly claimed it is rife with anti-Semitism and "woke" liberal ideology. US Homeland Security Secretary Kristi Noem wrote on X that Thursday's move would also hold Harvard "accountable for... coordinating with the Chinese Communist Party on its campus", without giving details. In a swift response, Harvard slammed the revocation as "unlawful". China's foreign ministry was quick to criticise the move on Friday, saying the ban would "only harm the image and international standing of the United States". The number of Chinese students at American universities has been declining in recent years but still stood at nearly 280,000 in the 2023-24 academic year, according to figures from the US State Department and the Institute of International Education. Entire industries have sprung up in China in recent decades as millions of people have risen into the middle class and ploughed money into lucrative foreign educations for their children. "There's a great sense of panic among the international student community, both current and prospective," said Wan, the Massachusetts-based consultant. They are "concerned that the country of the US is closing the door on them", he said. "(It's) not helpful for a country that thrives on talents from abroad... and whose fundamental engine in research is supported by international talent." © 2025 AFP

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