[Broker Focus] Guoxin Securities maintains BYD's share (01211) purchase rating and is expected to maintain its lead in competition and further expand its share
Jinwu Financial News | According to Guoxin Securities Research, BYD's (01211) results showed that the company's revenue for the first quarter of 2024 was 124.94 billion yuan (same below), up 3.97% year on year; net profit attributable to shareholders was 4.57 billion yuan, up 10.6% year on year; net profit attributable to non-shareholders was 3.75 billion yuan, up 5.2% year on year. The company's overall gross margin for the first quarter of 2024 was about 21.9%, roughly the same as the third and fourth quarters of 2023, and remained relatively high. The bank expects the company's total Q2 car sales to continue to grow rapidly. The main reasons are as follows: 1. Public
China's Automakers Must Adapt Quickly on the EV Boom in the Face of Regulatory Scrutiny Abroad
Adoption of battery and hybrid-powered cars has surged in China, but an onslaught of new models has fueled a price war, while regulatory scrutiny grows abroad.
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
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.
Is Minth Group Limited (HKG:425) Expensive For A Reason? A Look At Its Intrinsic Value
Key Insights Using the Dividend Discount Model, Minth Group fair value estimate is HK$10.79 Minth Group's HK$14.30 share price signals that it might be 33% overvalued Analyst price target for 425
Minshi Group (00425.HK) granted a total of 30 million share options
On May 2, 2024, Gelonghui Group (00425.HK) announced that on May 2, 2024, the company has granted a total of 30 million share options to several eligible participants (i.e. group employees) in accordance with the share option plan adopted by the company on May 31, 2022, at an exercise price of HK$14.30 per share. The purpose of granting share options is to link the interests of the grantor with the Group, stimulate global leaders in key areas of the Group, and actively create long-term value for the Group's sustainable and global operations. The granting of share options is also a recognition of the grantor's contribution, as well as for the continued operation and growth of the Group