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Goldman Sachs: Remains Bullish on the Chinese stock market, overweight on China (Listed in Hong Kong and A-shares), Japan, and Singapore.
In the short term, people may focus again on high dividend/shareholder return assets, domestic demand, and safe-haven Gold assets. Consumer Analysts reaffirm their positive outlook on Kweichow Moutai and BUD APAC.
Earnings Update: Here's Why Analysts Just Lifted Their Tingyi (Cayman Islands) Holding Corp. (HKG:322) Price Target To HK$13.46
Jefferies Adjusts Tingyi (Cayman Islands) Holding's Price Target to HK$14.80 From HK$12.70, Keeps at Buy
[Brokerage Focus] Jianyin International maintains TINGYI (00322) 'outperform market' rating, indicating that the negative effects of price increases on market share are beginning to fade.
Jinwu Financial News | According to a Research Report by Jianyin International, TINGYI (00322) is expected to grow its Net income by 20% in the fiscal year 2024, reaching 3.734 billion RMB, which is 4%/5% higher than the bank's forecast/consensus expectation, mainly due to the stronger-than-expected expansion of gross margin. The performance reflects a 25% Net income growth in the second half of 2024, reaching 1.849 billion RMB. Revenue, however, is expected to remain flat. Looking ahead, as the adverse effects of price increases on market share begin to fade, the bank expects revenue to grow by 1.9% in the fiscal year 2025, reaching 82.204 billion RMB. In the instant noodle Business Sector, to address...
Analysts Have Conflicting Sentiments on These Consumer Goods Companies: Coles Group Ltd. (OtherCLEGF) and Tingyi (Cayman Islands) Holding (OtherTCYMF)
Special contributor Da V Deng Shengxing: Hong Kong stocks are affected by tariffs and are fluctuating weakly.
Kingwo Financial News | The Hang Seng Index closed at 23,344 on Tuesday (25th), down 561 points or 2.4%. The total market turnover for the day reached 2,852 million. The National Index fell by 234 points or 2.7%, closing at 8,616; the Science and Technology Index dropped by 219 points or 3.8%, closing at 5,517. Xiaomi (01810) had a discounted placement of 6.6%, netting 42.5 billion yuan, and this morning the placement was launched, once falling to the placement price of 53.25 yuan, ending the day down 6.3%, with a turnover of 71.795 billion; Alibaba's chairman, Cai Chongxin, stated that developments related to AI are beginning to show bubbles, and Datacenter stocks are being sold off. Alibaba dropped by 3.8%; Kingsoft Cloud (03896)
