Hong Kong stocks rallied significantly, led by technology stocks.$Hang Seng Index(800000.HK)$once hiked 473 points to a 5-month high of 17,758 in the afternoon, and closed lifting 366 points or 2.1% at 17,651.$Hang Seng China Enterprises Index(800100.HK)$escalated 149 points or 2.4% to close at 6,269.$Hang Seng TECH Index(800700.HK)$surged 163 points or 4.6% to close at 3,718. Total turnover for the whole day was $157.242 billion, the highest in th...
Analysts have reduced their revenue forecasts and cut earnings per share numbers after recent results. However, they believe the intrinsic value of the business will improve over time. They suggest business headwinds could lay ahead for ASMPT.
The research is done by the respective broker and I do not endorse any of them. Just sharing here for information and reading pleasure. alphaedgeinvest... $ASMPT(00522.HK)$
The research is done by the respective broker and I do not endorse any of them. Just sharing here for information and reading pleasure. alphaedgeinvest... $ASMPT(00522.HK)$
ASMPT's high P/E ratio is justified by its strong earnings outlook. Despite potential earnings deterioration, investors don't see it as a reason for a lower P/E. The company's promising future prospects make a significant share price drop unlikely.
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CIMB: ASMPT Limited – Add Target Price HK$112.00
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DBS: ASMPT Ltd – Hold Target Price Under Review
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easy dollar enviroment mayb around corner for HK/CH markets…💯% attention
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