Ideal Automobile-W (02015.HK) plans to hold a board meeting on May 20 to approve quarterly results
Gelonghui, May 7, 丨 Ideal Automobile-W (02015.HK) issued an announcement. The board of directors hereby announces that it will hold a board meeting on May 20, 2024 (Monday) to consider and approve (including) the Group's unaudited financial results for the three months ended March 31, 2024 and their release.
LI AUTO-W: Date of Board Meeting
[Hong Kong Stock Connect] Ideal Auto (02015): Weekly sales of 530,000 units in the 18th week (4.29-5.5) of 2024
Jinwu Financial News | In the 18th week of 2024 (4.29-5.5), Ideal Auto sold 530,000 units per week. During the first sale period from April 18 to May 5, the cumulative order for the new Ideal L6 has exceeded 41,000 units.
Xiaomi Set to Unveil CIVI 4 Pro Disney Princess Edition
China Merchants Securities: Target Price of HK$191 for Ideal Automobile-W's “Plus” Rating
China Merchants Securities released a research report stating that it gave Ideal Automobile-W (02015) an “additional share” rating. Non-GAAP net profit is expected to grow at a compound annual rate of 37% for the 2023-26 fiscal year, with a target price of HK$191.
China Merchants Securities: Target Price of HK$191 for Ideal Automobile-W (02015) “Increase” Rating
The Zhitong Finance App learned that China Merchants Securities released a research report stating that it gave Ideal Automobile-W (02015) an “increase in holdings” rating. The compound annual growth rate of non-GAAP net profit for the 2023-26 fiscal year is expected to reach 37%, with a target price of HK$191. According to the report, the company's L6 car accumulated more than 41,000 units during the 18-day first sale period from April 18 to May 5, exceeding the record of 30,000 units accumulated in 19 days of the new M7. In addition, Ideal Auto delivered 26,000 new vehicles in April, an increase of 0.4% over the previous year. A total of 106,000 vehicles were delivered in the first four months of this year, an increase of 3 percent over the previous year
[Special V] Ye Shangzhi: Hong Kong stocks hit new highs at the same time
On May 6, Hong Kong stocks continued their upward trend in volume. The Hang Seng Index rose more than 100 points for 10 consecutive days, closing close to 18,600 points, continuing to hit a new high in eight months. With the resumption and reopening of Hong Kong Stock Connect, market turnover also further increased to over 140 billion yuan, indicating that the market conditions for capital inflows have not improved.
Kuaishou (01024) was selected for UBS's most popular Chinese stock list. The cumulative increase in stock prices in January was over 25%
UBS's upgrade to the Chinese market rating to “increase its holdings”, Tencent, Meituan Kuaishou, etc. received the most attention
Hong Kong Stock Focus: After the big rebound, is Hang Seng Technology expensive? How about the upcoming quarterly report?
Morgan Stanley pointed out that the current forward price-earnings ratio of the Hengke Index is 13 times, which is the same as the average for the fourth quarter of 2023, and lower than the peak of 20 times in the first three quarters of 2023 and the first quarter of 2023.
Zhitong ADR Statistics | May 7
The three major US stock indices rose across the board on Monday, and the Hong Kong ADR index rose. On a proportional basis, it closed at 16,302 points, up 50.57 points or 0.31% from the Hong Kong closing.
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By all accounts, there's a surplus of electric-vehicle (EV) production in China. This lack of demand could partly be caused by China's sputtering economy. But one new vehicle from Li Auto (NASDAQ: LI) is showing there's still strong demand for the right EV products.
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Baidu Keeps Buy Rating at Benchmark but Sees Price Target Cut Ahead of Earnings
Benchmark maintained its Buy rating on Baidu (NASDAQ:BIDU) but lowered its price target on the stock to $180 ahead of the company's first quarter results on May 16.
Market research agency: Meituan (03690) Hong Kong business KeeTA became the largest takeaway platform in Hong Kong, with a share of 44%
Jinwu Financial News | According to the latest data released by market research agency Measurable AI, based on the number of orders placed in March 2024, Meituan (03690)'s Hong Kong business KeeTA's share of the unit market has reached 44%, making it the largest takeout platform in Hong Kong. Measurable AI data shows that since entering the Hong Kong market in May 2023, KeeTA's share of the single volume market has continued to increase rapidly from month to month, and has successfully overtaken two contests within 10 months. In terms of order volume, by March 2024, KeeTA's market share reached 44%, Fo
Xiaomi Group-W (01810.HK) will hold a board meeting on May 23 to approve the first quarter results
Gelonghui, May 6 | Xiaomi Group-W (01810.HK) announced that the company will hold a board meeting on May 23, 2024. The agenda includes considering and approving the unaudited first quarter results of the company and its subsidiaries for the three months ending March 31, 2024.
DATE OF BOARD MEETING
Beishui Trends | Beishui Transactions made a net purchase of 5,086 billion yuan in domestic capital to grab Yingfu Fund (02800) and sold more than 5.5 billion yuan of Science Network shares throughout the day
On May 6, in the Hong Kong stock market, Beishui made a net purchase of HK$5,086 billion, of which the Hong Kong Stock Connect (Shanghai) transaction made a net purchase of HK$3.361 billion and the Hong Kong Stock Connect (Shenzhen) transaction made a net purchase of HK$1,725 billion.
Jefferies Adjusts Li Auto's Price Target to HK$141.43 From HK$239.34, Keeps at Buy
05:50 AM EDT, 05/06/2024 (MT Newswires) -- Jefferies Adjusts Li Auto's Price Target to HK$141.43 From HK$239.34, Keeps at Buy Price (HKD): $117.80, Change: $+6.80, Percent Change: +6.13%
Kuaishou-W (01024.HK): New Berry Appointed as Compliance Advisor
Gelonghui, May 6 | Kuaishou-W (01024.HK) announced that the Company and Huaxing Securities (Hong Kong) Limited (“Huaxing”) have mutually agreed to terminate the compliance advisory agreement previously concluded between the Company and Huaxing on October 6, 2020 and extended by a supplementary letter dated March 28, 2023 for commercial reasons, effective May 6, 2024. New Berry Finance Limited (“New Berry”) has been appointed as the Company's new compliance advisor in accordance with sections 3A.27 and 8A.33 of the Listing Rules, effective from May 6, 2024, for a term of office until established between the Company and New Berry