800000 Hang Seng Index
- 18514.530
- +307.400+1.69%
[Broker Focus] CMB International Pharmaceutical Cutting Kangde (02359) has a target price of 20.9%, which indicates that its first-quarter results were stable in a difficult environment
Jinwu Financial News | According to CMB International Development Research Report, Yao Ming Kangde (02359/603259)'s 1Q performance was stable in a difficult environment. Revenue fell 11.0% year on year to 7.98 billion yuan. Excluding COVID-19 commercialization projects, revenue fell 1.8% year on year, and adjusted non-IFRS net profit fell 18.3% year on year to 1.91 billion yuan. Management maintains the 2024 performance guidelines. Revenue is expected to reach 383 to 40.5 billion yuan. Excluding COVID-19 commercialization projects, it will increase by 2.7 to 8.6%. At the same time, the non-IFRS net interest rate is expected to remain comparable to 2023
Citibank: The profit margin for aluminum production is expected to remain high for a long time, and the target price of China Hongqiao (01378) will be raised to HK$13.8
The Zhitong Finance App learned that Citi published a research report, gave China Hongqiao (01378) a “buy” rating and raised the target price from HK$11.5 to HK$13.8. Citi believes that due to strong demand and still tight supply, China Aluminum's profit margin may remain high for a longer period of time. Citi updated the model and improved its profit forecast for China's Hongqiao to take into account updated price and cost assumptions. Citi's profit forecast for China's Hongqiao 24E/25E is 29%/36% higher than market expectations, and market expectations are expected to generally rise in the next few months. The further rise in aluminum is also associated with potential
Changes in Hong Kong stocks | Domestic insurance stocks continued to rise, insurers NBV performed well in the first quarter, and the sector's valuation rebound is expected to continue
Domestic insurance stocks continued to rise. As of press release, Zhongan Online (06060) rose 4.33% to HK$14.46; China Taibao (02601) rose 3.89% to HK$18.7.
Changes in Hong Kong stocks | CRO concept stocks fell across the board, Yakming Kangde (02359) fell more than 7%, leading the decline, and the company's profit margin for the first quarter fell short of expectations
CRO concept stocks fell across the board. As of press release, Yao Ming Kangde (02359) fell 6.47% to 36.15 yuan; Gloria Ying (06821) fell 5.33% to 63.05 yuan; Kanglong Chemical (03759) fell 4.96% to HK$9.96.
[Special Offer V] Ye Shangzhi: Continued adjustment of capital flows on the periphery still favors Hong Kong stocks
Jinwu Financial News | On May 2, the Hong Kong stock market continued its upward trend. The Hang Seng Index broke out of an eight-wave upward trend and rose more than 440 points to close at the 18,200 point level. Calculated at the closing price, it was the first time since November 15 last year that it had returned above 18,000 points. The market volume also remained at a high level. Even though the Hong Kong Stock Connect market was suspended, it still recorded close to 120 billion yuan, higher than the daily average of 112.2 billion yuan in April, indicating that Hong Kong stocks are still in the phase of capital inflows. The situation is also favorable for further market expansion. It is beneficial for the market atmosphere to be stimulated and kept warm. The Federal Reserve announced maintenance after meeting
[Broker Focus] Motong increases HSBC Holdings (00005) target price by 6.4% to maintain “gain” rating
Jinwu Financial News | According to the Motong Research Report, the net interest income (NII) forecast for HSBC Holdings (00005) banks is now US$43.1 billion, which is more than US$41 billion higher than management's guidance. The average US interest rate forecast for 2024-2026 is 5%, 4.25%, and 4%. This year's repurchase forecast was raised from $10.5 billion to $11 billion, and a $3 billion share repurchase is expected to be announced in the second quarter results. Based on the first-quarter results of HSBC Holdings (00005), the earnings forecast per share for the 2024-2026 fiscal year was raised by 4-5%. Therefore, the target price was raised from HK$78
Changes in Hong Kong stocks | Gaming stocks continue to rise, Macau's April gaming revenue surpassed expectations, and the number of inbound visitors during the “May 1st” Golden Week was impressive
Gaming stocks continued to rise. As of press release, Galaxy Entertainment (00027) rose 4.56% to HK$37.85; MGM China (02282) rose 4.02% to HK$14.48; and Sands China (01928) rose 3.11% to HK$19.9.
Insurance stock Pusheng Sunshine Insurance (06963) rose 3.42%. Institutions say recent insurance stock adjustments clearly have plenty of room for improvement
Jinwu Financial News | Insurance stocks rose 3.42%, Sunshine Insurance (06963) rose 3.42%, Zhongan Online (06060) rose 2.6%, AIA (01299) rose 2.36%, China Taibao (02601) rose 2.11%, and China Taiping (00966) rose 2.03%. Fangzheng Securities said that recent insurance stock adjustments have been obvious. As of 4/30, PEV of the four major A-share listed life insurance companies was only 0.50 times, far lower than the historical 1-fold center, and there is plenty of room for improvement. On the asset side, economic expectations improved catalytic sector beta. Domestic economic stabilization policies continue to be introduced, and asset-side recovery is planned
Bank stocks rose collectively, Postbank (01658) rose 3.43%, and many state-owned banks disclosed mid-term dividend arrangements
Jinwu Financial News | Bank stocks rose collectively. Bank of Zhengzhou (06196) rose 3.95%, Postbank (01658) rose 3.43%, China Everbright Bank (06818) rose 3.36%, China Merchants Bank (03968) rose 3.23%, Agricultural Bank (01288) rose 2.35%, and Minsheng Bank (01988) rose 2.14%. Minsheng Securities said that several state-owned banks disclosed their mid-term dividend arrangements. On the evening of April 29, ICBC, Agricultural Bank, Bank of China Construction Bank, and Bank of Communications all disclosed the relevant arrangements for the 2024 interim profit distribution. concrete
Gaming stocks generally rose, Galaxy Entertainment (00027) rose 4.7% with 150,000 visitors on the second day of Macau's May 1st Golden Week
Jinwu Financial News | Gaming stocks generally rose. Galaxy Entertainment (00027) rose 4.7%, Sands China (01928) rose 3.89%, MGM China (02282) rose 2.87%, and Wynn Macau (01128) rose 1.72%. On the second day (2nd) of the Mainland's May 1st Golden Week, the Macau Security Police announced the number of visitors entering and leaving the country, including 150,000 inbound visitors, 74,000 entering through the border gates, and 144,000 leaving the country. Yesterday, the total number of people entering and leaving each port was 652,000. On the first day of the Mainland's May 1st Golden Week (1st), Macau recorded 12.1 inbound visitors
The Past Five Years for China Unicom (Hong Kong) (HKG:762) Investors Has Not Been Profitable
China Unicom (Hong Kong) Limited (HKG:762) shareholders should be happy to see the share price up 11% in the last quarter. But that doesn't change the fact that the returns over the last five years
Damo: Target price for CNPC (00857) “increase in holdings” rating dropped slightly to HK$7.8
According to Damo, based on CNPC (00857)'s performance in the first quarter of this year, its net profit forecast for 2024 to 2026 was lowered by about 2%.
Changes in Hong Kong stocks | Technet stocks strengthened again, the Hang Seng Technology Index rose more than 4% to reach the 4,000 mark, JD Group - SW (09618) rose more than 6%
Technology Network stocks strengthened again in early trading, and the Hang Seng Technology Index rose more than 4% and successfully reached the 4,000 mark. As of press release, JD Group-SW (09618) rose 6.48% to HK$128.2.
[Special Offer V] Deng Shengxing: After the Federal Reserve's interest rate discussion, the market direction was clearer, and Hong Kong stocks rose strongly and soared
Jinwu Financial News | The Hang Seng Index closed at 18,207 points on Thursday (2nd), up 444 points, or 2.5%. The daily turnover was 115.912 billion yuan. The national index rose 2.6% to 6437; the index speculated 4.5% higher to 3865. Blue Chip AIA (01299) rose 2.7%; Foreign Exchange Holdings (00005) rose 3.4%; AIA and FX Holdings both recorded eight consecutive gains; CCB (00939) rose 0.6%; TechNet stocks continued to recover. Tencent (00700) rose 3.8%; Alibaba (09988) rose 2.4%; its subsidiary Alibaba Health (00241) surged 10.8%; Meituan (
Express News | Hong Kong's Hang Seng Index up More Than 2%
Nomura: Maintaining AIA's (01299) “Buy” rating and raising the target price to HK$91.11
Nomura predicts that AIA (01299) will repurchase an additional $5 billion from this year to 2026.
Changes in Hong Kong stocks | Xiaopeng Automobile-W (09868) opened more than 8% and led the auto stock market in April, sales of new power car companies were steady, and trade-in is expected to boost demand
Auto stocks collectively opened higher. As of press release, Xiaopeng Automobile-W (09868) rose 8.35% to HK$37; Ideal Automobile-W (02015) rose 7.06% to HK$115.2.
Express News | Hk’s Hang Seng Index to Open up 1.9% at 18,543.30 Points
Nomura: Maintaining Lenovo Group's (00992) “Buy” rating and raising the target price to HK$11
Driven by H20 and H200 chips, Lenovo Group (00992) AI server shipments are likely to accelerate from June.
The Market Doesn't Like What It Sees From CITIC Securities Company Limited's (SHSE:600030) Earnings Yet
CITIC Securities Company Limited's (SHSE:600030) price-to-earnings (or "P/E") ratio of 15x might make it look like a strong buy right now compared to the market in China, where around half of the comp