399300 CSI 300 Index
- 3659.42
- +55.03+1.53%
Changes in Hong Kong stocks | Tianqi Lithium (09696) fell by more than 4%, high-priced inventory and SQM tax orders bottomed out Q1 profits. Institutions indicate that industry clearance has not yet begun
Tianqi Lithium (09696) fell by more than 4%. As of press release, it was down 4.04% to HK$32.1, with a turnover of HK$51.426,800.
Debon Securities: The 24Q1 component sector's boom has clearly rebounded, focusing on consumer electronics and AI related targets
Since 23Q3, the consumer electronics industry has begun to recover moderately. The wave of AI set off by LLM continues. The iteration of AI terminals such as AI phones and AIPC has begun a new cycle of consumer electronics innovation, and AI computing power infrastructure is still growing rapidly.
LONGi Green Energy Technology's (SHSE:601012) Soft Earnings Don't Show The Whole Picture
The most recent earnings report from LONGi Green Energy Technology Co., Ltd. (SHSE:601012) was disappointing for shareholders. While the headline numbers were soft, we believe that investors might be
Shanxi Coking Coal Energy Group's (SZSE:000983) Weak Earnings May Only Reveal A Part Of The Whole Picture
A lackluster earnings announcement from Shanxi Coking Coal Energy Group Co., Ltd. (SZSE:000983) last week didn't sink the stock price. We think that investors are worried about some weaknesses underl
Changes in Hong Kong stocks | Dongfang Electric (01072) rose nearly 5% AI development will drive a surge in electricity demand HSBC says it is expected to benefit
The Zhitong Finance App learned that Dongfang Electric (01072) rose nearly 5%. As of press release, it had risen 4.73% to HK$11.06, with a turnover of HK$29.3057 million. According to the news, Microsoft and Brookfield (Brookfield) reached an agreement last week to jointly develop about 10.5 gigawatts of new renewable energy power generation projects between 2026 and 2030. The deal is nearly eight times the size of the largest renewable energy contract signed to date. According to new Goldman Sachs research, it will be utilities due to the surge in electricity demand due to AI data center operations
Changes in Hong Kong stocks | Times Electric (03898) rose more than 4% in the afternoon, Xiaoma said the market was too worried about the prospects of the emerging equipment business and the rail transit equipment business prospects improved
Times Electric (03898) rose more than 4% in the afternoon. As of press release, it had risen 4.76% to HK$29.7, with a turnover of HK$473.75 million.
[Broker Focus] Cathay Pacific Junan Maintains Postbank's (01658) “Increase in Holdings” Rating; the Company's Revenue Is More Resilient
Jinwu Financial News | Guotai Junan Securities released a research report showing that the revenue of the Postbank (01658) increased 1.4% year-on-year in the first quarter of 2024, making it the only state-owned bank to achieve positive revenue growth. The company's credit maintained a high growth rate in the first quarter. Net interest income increased 3.1% year on year under volume compensation, and other non-interest net income increased 16.7% year on year, which together boosted revenue performance. Affected by the “integration of reporting and banking” policy, agency insurance business revenue declined, leading to an 18.2% year-on-year decrease in net revenue from handling fees and commissions, which dragged down revenue growth. Operating and management expenses increased 7.61% year over year, leading to negative profits
Guojin Securities: Domestic commercial and commercial reserves performed well in 24Q1, and US reserves exceeded expectations in March
Important documents from the Energy Administration indicate the direction for increasing the domestic utilization rate of large storage, and the profit model for domestic large storage is expected to improve; in March, the US large storage capacity exceeded expectations to verify that US demand is high.
Damo: Target price of HK$19.6 for Zijin Mining (02899) “increase” rating
According to Pan American Silver's announcement, it has agreed to sell 100% of its interest in the La Arena gold mine in Peru to Jinteng (Singapore) Mining, a subsidiary of Zijin Mining.
Sungrow Signs Distribution Agreements With Herholdt's and ARB in South Africa
JOHANNESBURG, South Africa, May 6, 2024 /PRNewswire/ -- Sungrow, the global leading PV inverter and energy storage system provider, has solidified its presence in South Africa's renewable energy sect
Retail Investors Are Shandong Hualu-Hengsheng Chemical Co., Ltd.'s (SHSE:600426) Biggest Owners and Were Rewarded After Market Cap Rose by CN¥3.0b Last Week
Key Insights The considerable ownership by retail investors in Shandong Hualu-Hengsheng Chemical indicates that they collectively have a greater say in management and business strategy The top 13 sh
Damo: Raise the target price of Era Electric (03898) to HK$33, which is more popular than CRRC (01766)
Damo expects CRRC and Times Electric to account for 18% and 16% of locomotive revenue, respectively, by 2026.
Sungrow Launches New Residential and Commercial Hybrid Inverters and Battery Solutions in Australia
Big Bank Rating | Damo: Raising Jiangxi Copper's Target Price to HK$18.7 to “Increase in Holdings”
Morgan Stanley published a report updating its forecast for the Jiangxi copper industry to reflect the actual profit situation for the first quarter of this year. The bank raised its copper price forecast for the whole year to reflect the better price performance since this year. As a result, the bank raised Jiangtong's earnings forecast for 2024 to 2026 by 13%, 1% and 1%, respectively. The bank raised the target price of Jiangxi Copper from HK$18.3 to HK$18.7. This is equivalent to predicting a market account ratio of 0.8 times this year, and the rating is “increased”.
When Should You Buy AECC Aviation Power Co.,Ltd (SHSE:600893)?
AECC Aviation Power Co.,Ltd (SHSE:600893) saw a double-digit share price rise of over 10% in the past couple of months on the SHSE. Shareholders may appreciate the recent price jump, but the company
Changes in Hong Kong stocks | Zoomlion Heavy Industries (01157) is now up more than 4% Q1. Overseas revenue is rising year-on-year, accounting for nearly 50% of revenue
Zoomlion Heavy Industries (01157) is now up more than 4%. As of press release, it has risen 4.35% to HK$6, with a turnover of HK$65,3882 million.
Is EVE Energy Co., Ltd.'s (SZSE:300014) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
EVE Energy's (SZSE:300014) stock is up by a considerable 15% over the past three months. Given the company's impressive performance, we decided to study its financial indicators more closely as a co
Bank Rating | Goldman Sachs: Slightly raised the target price of COSCO Offshore Holdings H shares to HK$6.9 to give a “sell and sell” rating
According to a research report published by Goldman Sachs, COSCO Offshore's net profit for the first quarter was 6.8 billion yuan, a marked improvement from 1.8 billion yuan in the fourth quarter of 2023, but it is still slightly lower than 7.1 billion yuan in the same period last year, in line with market expectations and management's guidelines for profits to remain basically flat. Looking ahead, the bank believes that some ports in the western Mediterranean are already congested, while India and Latin America may become new drivers of demand, and there is a risk that freight rates will rise next quarter. The bank updated its latest liner shipping volume and freight rate assumptions, and lowered its net profit from 2024 to 2026 by 8% to a 13% increase, and slightly raised the company's H share target price to HK$6.9.
CITIC Securities: Maintaining Tsingtao Brewery's (00168) “Buy” Rating Target Price of HK$80
CITIC Securities anticipates that the core net profit of Tsingtao Brewery Co., Ltd. (00168) will continue to grow by more than 15% over the next three years.
Changes in Hong Kong stocks | Tsingtao Brewery Co., Ltd. (00168) rose more than 5%, and the company's profit in the first quarter exceeded expectations, and the trend of structural upgrading continues
Tsingtao Brewery shares (00168) rose more than 5% intraday, reaching a new high of HK$61.45 since October 2023. As of press release, it rose 4.72% to HK$61, with a turnover of HK$221 million.