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＜Research＞Daiwa: WUXI APPTEC (02359.HK) 2Q24 Results in Line; Full-Yr Guidance Unchanged
Daiwa highlighted in a research report that WUXI APPTEC (02359.HK)'s 2Q24 revenue fell 6.5% YoY, in line with market consensus. Net profit decline...
AASTOCKS
＜Research＞Daiwa Upgrades FUYAO GLASS (03606.HK) to Buy as 2Q Preliminary Results Beat Forecasts
FUYAO GLASS (03606.HK)'s preliminary results show that 1H24 revenue was in line with forecasts, and earnings beat expectations, Daiwa released a r...
AASTOCKS
＜Research＞M Stanley Predicts SOE Property Managers to Record 10-20% Growth in 1H Earnings With Stable Cash Flow
A recent Morgan Stanley report has revealed its expectation for SOE property managers to achieve 10%-20% growth in their 1H earnings with stable cash ...
AASTOCKS
＜Research＞BOCI Expects Appliance OEMs to Benefit Most From Ultra-Long Treasury Bonds
BOCI released a report expecting appliance OEMs to be the main beneficiaries of the ultra-long treasury bonds on the back of improved consumer confide...
AASTOCKS
＜Research＞BOCI: WUXI APPTEC (02359.HK) 1H24 Results in Line, Order Book on Hand Beats
BOCI highlighted in a report that WUXI APPTEC (02359.HK) achieved revenue of RMB17.2 billion in 1H24, with non-Covid revenue essentially flat YoY, in ...
AASTOCKS
＜Research＞Haitong Int'l: H-/ A-shrs Valuation at Historical Lows; HK Stocks Have Greater Advantages on Style Shift
The current market style began to shift from dividends to new quality productivity, Haitong International released a research report saying. W...
AASTOCKS
＜Research＞Jefferies Cuts WUXI APPTEC (02359.HK) TP to $97, Rating Buy
WUXI APPTEC (02359.HK) saw revenue fall 9% YoY, EBITDA drop 9% YoY, and net profit sink 20% YoY in 1H24, according to a research report by Jefferies. ...
AASTOCKS
＜Research＞Jefferies Claims CR BEER Shr Price Reflects Weak Biz Outlook, Uncertainty in SOE's Remuneration Package
According to a recent report by Jefferies, CHINA RES BEER (00291.HK) trades at 13x 2024E P/E with a dividend yield of around 4%, which is at the low e...
AASTOCKS
＜Research＞UBS: CN Banks' 1H24 Results May Beat; Loan Rate Cuts Future Key Risk
UBS said in a report that most China banks will announce their 2Q24 and 1H24 results in mid-August, and the performance is expected to improve slightl...
AASTOCKS
＜Research＞UBS: WUXI APPTEC (02359.HK) 1H24 Results Miss; Full-yr Target Unchanged
UBS highlighted in a report that WUXI APPTEC (02359.HK)'s 1H24 revenue fell 8.6% YoY to RMB17.2 billion, slightly lower than the RMB17.3 billion f...
AASTOCKS
＜Research＞JPM Downgrades MENGNIU DAIRY (02319.HK) to Neutral, Chops Target Price 57% to $13
MENGNIU DAIRY (02319.HK) shares came under pressure this morning (30 July). It last printed at $12.82, plummeting 5% and becoming the biggest blue-chi...
AASTOCKS
＜Research＞CMBI Trims CHOW TAI FOOK (01929.HK) TP to $14.54, Rating Buy
CHOW TAI FOOK (01929.HK) maintained its guidance of flat revenue growth in FY2025, CMBI released a research report saying. CMBI expected FY2025-FY2027...
AASTOCKS
3 Major Oil Stocks Decline in Early Session; PETROCHINA (00857.HK) Now Slumps 3%+
International oil prices have fallen for two days in a row, and the 3 major oil stocks came under pressure this morning. PETROCHINA (00857.HK) opened ...
AASTOCKS
＜Research＞CMBI Slightly Raises BYD ELECTRONIC (00285.HK) TP to $45.28, Stable Growth Expected in 1H
CMBI released a report expecting that BYD ELECTRONIC (00285.HK) will post 32% and 26% growth in its revenue and net profit in 1H24 driven by iPad shar...
AASTOCKS
＜Research＞BofAS Trims CKH HOLDINGS (00001.HK) TP to $55 on Fundamental Improvement, Some Div. Uncertainty
BofA Securities released a research report reiterating rating at Buy on CKH HOLDINGS (00001.HK), but trimming its target price by 5% to $55. B...
AASTOCKS
BYD COMPANY Wanes ~2% as FangChengBao Reported to Cut 'Bao 5' Prices by RMB50K on General 1H24 Sales
BYD COMPANY (01211.HK) shed nearly 2% to $226.8, with 796,000 shares traded, involving $182 million. BYD COMPANY's FangChengBao announced t...
AASTOCKS
HK stocks open lower, dragged down by US
The Hong Kong market slid in early trade on Tuesday, following a mixed performance from US markets overnight, with investors jittery ahead over centra...
RTHK·HK
＜Research＞Citi Opens 30-day Downside Catalyst Watch on CHINA SUNTIEN (00956.HK)
Citi Research issued a research report opening a 30-day downside catalyst watch on CHINA SUNTIEN (00956.HK), and expecting 1H24 earnings to miss marke...
AASTOCKS
FUYAO GLASS (03606.HK) Rebounds ~4% as Interim NP Grows 23%
After crashing near 7% yesterday, FUYAO GLASS (03606.HK) opened 3.52% higher this morning and peaked at $43. It now trades at $42.85, rebounding 3.88%...
AASTOCKS
WUXI APPTEC Swells 6%+ as Interim NP Falls 20% YoY
WUXI APPTEC (02359.HK) opened 2.96% higher today (30th), and once escalated 6.96% to a high of $30.75 in the morning session. The stock last printed a...
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