Hong Kong stocks closed (04.25) | Hang Seng Index closed up 0.48%, domestic housing stocks showed strong performance and fell more than 12% after New Oriental-S (09901) results

The Zhitong Finance App learned that the three major indices of Hong Kong stocks had mixed ups and downs. The Hang Seng Index rebounded for four consecutive trading days. After opening slightly lower in early trading, it quickly rose and turned red. The intraday high was 17,434 points to a new high during the new year, then the increase narrowed, showing a volatile adjustment trend. At the close, the Hang Seng Index rose 0.48% or 83.27 points to 17,284.54 points, with a full-day turnover of HK$119.12 billion; the Hang Seng State-owned Enterprises Index rose 0.33% to 6120.37 points; and the Hang Seng Technology Index fell 0.54% to 3554.3 points. CCB International previously indicated that as the Hang Seng Index stabilized its previous low in late January (20

Zhitong FinanceApr 25 04:43 ET

[Broker Focus] CMB International raised the target price of Great Wall Motor (02333) by 7.7% and raised this year's net profit forecast by 25%

Jinwu Financial News | According to CMB International Development Research Report, Great Wall Motor (02333)'s 1Q24 revenue was 8% higher than the bank's previous forecast, mainly due to bike sales exceeding expectations. Despite the increase in terminal discounts, its gross margin for 1Q24 reached 20%, 1.4 percentage points higher than the bank's previous forecast, partly due to the gross profit contribution of exports exceeding expectations. Other revenue of 1Q24 was 1.1 billion yuan, which was about 900 million yuan higher than the bank's previous forecast, mainly due to preferential VAT credits and overseas tax rebates, most of which were sustainable. In summary, Great Wall Motor deducts 20 of non-net profit in 1Q24

金吾財訊Apr 25 02:36 ET

Great Wall Motor Shares Jump on Surging Profit, Revenue

By Jiahui Huang Great Wall Motor shares rose sharply as investors cheered the company's first-quarter results, which beat some analysts' expectations. The company's Hong Kong-listed shares were up 9

WSJApr 25 01:00 ET

Damo: 50% of Great Wall Motor's (02333) non-operating income may become recurring income

Great Wall management said it will maintain the 2024 export target of 500,000 vehicles and focus on expanding Latin America, ASEAN, and the Middle East.

Zhitong FinanceApr 24 23:37 ET

Great Wall Motor May See Higher Sales Volumes in Russia This Year -- Market Talk

0245 GMT - Great Wall Motor's sales volumes in Russia may rise this year on the popularity of its Tank brand off-road SUV, Deutsche Bank analyst Bin Wang writes in a note. Following the departure of s

WSJApr 24 22:45 ET

Great Wall Motor Target Price Raised to HK$14.00 From HK$13.00 by Deutsche Bank>2333.HK

Great Wall Motor Target Price Raised to HK$14.00 From HK$13.00 by Deutsche Bank>2333.HK

Dow JonesApr 24 22:25 ET