UBS: The target price for Chuangtech Industrial's “buy” rating was raised to HK$121

UBS released a research report stating that the target price was raised from HK$117 to HK$121 for the “buy” rating for Chuangke Industries (00669). I&T management's revenue guidance for FY2024 will achieve medium unit growth. In view of the obvious double-digit growth of Chuangke's brand, Milwaukee (Milwaukee), the bank believes that the relevant revenue guidelines are based on management's conservative estimates that the consumer segment is not growing. The bank quoted that I&T management believes that the company's gross margin increase of 14 basis points in fiscal year 2023 is an anomaly, and it is expected that gross margin will return to history in the future

新浪港股28minutes ago

[Special Agent V] Deng Shengxing: The situation in the Middle East has taken a sharp turn, focus on gold and oil stocks

Jinwu Financial News | The Hang Seng Index closed at 16,721 on Friday (12th), down 373 points or 2.2%. Full-day transactions amounted to $106.218 billion. The national index fell 124 points, or 2.1%, to 5879. The index fell 63 points, or 1.8%, to 3474. Of the 82 blue chips, 75 reported a drop. Longhu Group (00960) fell 8.6%, making it the worst performing blue chip. AIA (01299) fell 5.8%; Pingbao (02318) fell 5.7%. The Dow closed at 37,983 points on Friday (12th), down 475 points or 1.24%; the index fell 1.46% to 5123 points;

金吾財訊Apr 14 21:39 ET

Chuangke Industrial (00669.HK) received 695,000 additional shares from The Capital Group

Gelonghui, April 12 | According to the latest equity disclosure data on the Stock Exchange, on April 9, 2024, Chuangke Industrial (00669.HK) received The Capital Group Companies, Inc. increased its holdings by 695,000 shares at an average price of HK$108.6244 per share on the market, involving approximately HK$754.71 million. After the increase in holdings, The Capital Group Companies, Inc. recently held 147,170,542 shares, and the shareholding ratio increased from 7.98% to 8.02%.

Gelonghui FinanceApr 11 18:41 ET

Xiaomo: Maintaining I&T Industries' “Accumulation” Rating and Raising the Target Price to HK$126

J.P. Morgan Chase released a research report stating that the target price was raised from HK$120 to HK$126 while maintaining the “gain” rating of I&T (00669). In response to regulatory pressure, the industry's wireless innovation has also been extended to professional appliances. Taking into account new developments, the bank slightly increased Milwaukee's sales growth by 1 percentage point in 2025 and 26, respectively. The bank expects the company to strengthen its leading position in global power tools, while HomeDepot (HomeDepot) acquires SRSDistribution to expand its professional customer base. Chuangke Industrial is also expected to benefit from this, thanks to Home Depot

新浪港股Apr 10 03:04 ET

Xiaomo: Maintaining Chuangtech Industrial's (00669) “Gain” Rating and Raising the Target Price to HK$126

Komo slightly increased Milwaukee's sales growth by 1 percentage point in 2025 and 26, respectively.

Zhitong FinanceApr 10 01:47 ET

Why Techtronic Industries Company Limited (HKG:669) Could Be Worth Watching

Today we're going to take a look at the well-established Techtronic Industries Company Limited (HKG:669). The company's stock received a lot of attention from a substantial price increase on the SE

Simply Wall StApr 7 20:11 ET