Midea Group (000333.SZ): Non-net profit of 9.237 billion yuan in the first quarter increased 20.39% year-on-year

Gelonghui, April 29丨Midea Group (000333.SZ) released its first quarter report. Operating revenue was 106.1 billion yuan, up 10.22% year on year, net profit of 9 billion yuan, up 11.91% year on year, after deducting non-net profit of 9.237 billion yuan, up 20.39% year on year, with basic earnings of 1.31 yuan per share.

Gelonghui FinanceApr 29 09:11 ET

Neusoft Education (09616.HK) further subscribes for 100 million yuan wealth management products

Gelonghui, April 29, 丨 Neusoft Education (09616.HK) announced that on April 29, 2024, the company also signed a financial management agreement with Industrial Bank, as an affiliate entity, Dalian University, and agreed to use its idle funds to subscribe to Industrial Bank for wealth management products with a total amount of RMB 100 million.

Gelonghui FinanceApr 29 06:39 ET

Deng Xiaofeng reduced his holdings of cyclical stocks and added a new automotive chip stock

Deng Xiaofeng, the star fund manager who made a fortune of 10 billion dollars in Zijin Mining, reduced his holdings of cyclical stocks such as Zijin Mining, Yunlu shares, and China Aluminum in the first quarter of this year, sending a signal that some profits have come to an end for cyclical stocks. Specifically, Deng Xiaofeng took action against the biggest stock. The market value of Zijin Mining once soared by more than 470 billion yuan this year, continuously reaching record highs. Deng Xiaofeng began taking heavy positions as early as 2019. The market expects its holding cost to be around 3 yuan/share, and Zijin Mining's stock price will rise to more than 19 yuan/share. Deng Xiaofeng made a lot of money from this investment. When capital poured into cyclical stocks, Deng Xiaofeng began to reduce his holdings. In the first quarter of this year, Gao Yi Xiaofeng

Gelonghui FinanceApr 29 03:30 ET

Asia Markets Rise, Japanese Yen Strengthens on Suspected Intervention, Eyes on Fed Meeting

Seeking AlphaApr 29 02:46 ET

Changes in Hong Kong stocks | Bank of China (03988) rose more than 4%, leading the bank's dividend spread under pressure, no change in management resilience, market style still favors dividend strategy

Domestic bank stocks showed strong performance. As of press release, Bank of China (03988) rose 4.05% to HK$3.6; Bank of Communications (03328) rose 3.53% to HK$5.58; China Merchants Bank (03968) rose 2.92% to HK$35.2; and CCB (00939) rose 2.01% to HK$5.07.

Zhitong FinanceApr 29 02:27 ET

League of Nations Securities: Domestic sales of home appliances in 24 years ushered in a major cycle of renewal, recommending high-quality, high-dividend white batteries

The Zhitong Finance App learned that Guolian Securities released a research report saying that since March, channel regions have successively implemented relevant plans, and Gree, the leading manufacturer, took the lead in responding, exchanging the volume for a new one and then amplifying the volume. In the dominant phase of renewal, price discounts are flexible. Although they are not comparable to going to the countryside for home appliances, the icing on the cake can be expected. Domestic and external demand in the sector has shown steady performance since the beginning of the year, and dividend valuations still have an advantage. Active layout is recommended; we recommend Baeden leaders Midea (000333.SZ), Gree (000651.SZ), and Haier (600690.SH), which benefit from the trade-in policy and have high dividends. The main views of Guolian Securities are as follows: in the past

Zhitong FinanceApr 29 01:59 ET