UBS Group: Lowered PHARMARON's Target Price to HKD 20.8, rating "Buy".

UBS Group released a research report stating that PHARMARON (03759) had a revenue increase of 16% year-on-year in the first quarter to 3.1 billion RMB, exceeding market expectations, while net profit rose by 32.5% year-on-year to 0.306 billion RMB, falling short of market expectations. The company maintains its revenue target for this year, which is a year-on-year growth of 10% to 15%. The bank stated that based on this year's first-quarter performance, it believes the company's fundamentals are improving, although the extent of improvement is more moderate than expected. The bank has lowered its profit margin forecasts for this and next year, reducing the earnings per share estimates to 1.04 RMB and 1.27 RMB respectively, but it still maintains its long-term recovery outlook for the company, based on cash flow.

Sina Hong Kong stocks.36minutes ago

UBS Group: Expects SAMSONITE's secondary listing in the USA to be delayed, downgrading the rating to 'neutral'.

UBS Group released a Research Report stating that due to USA tariffs being heavier and broader than expected, SAMSONITE (01910) rating was downgraded from "Buy" to "Neutral," with the Target Price cut from 28.7 HKD to 15 HKD. The bank expects the North American market to face significant demand and gross profit impacts, and while maintaining a positive view on the company's long-term growth potential, it anticipates challenges for the company's near-term earnings. The bank mentioned that current market fluctuations may delay the company's timetable for a second listing in the USA. It stated that the company's current valuation is reasonable, with limited space for a rating downgrade, and the Global recession may reflect further downward pressure on earnings.

Sina Hong Kong Stocks23:51 ET

MEILAN AIRPORT was subjected to a Shareholding reduction of 0.305 million shares by UBS Group, with a price of approximately 9.77 Hong Kong dollars per share.

According to the latest data from the Hong Kong Stock Exchange, on April 21, UBS Group reduced its shareholding in MEILAN AIRPORT (00357) by 0.305 million shares, at a price of HKD 9.767 per share, totaling approximately HKD 2.9789 million. After the reduction, the latest number of shares held is approximately 15.862 million shares, with the latest shareholding percentage being 6.99%.

Sina Hong Kong StocksApr 26 20:31 ET

Market Chatter: Sycamore Discussing Debt Offering With Goldman Sachs, Others to Fund Portion of Walgreens Buyout

MT NewswiresApr 25 15:45 ET

UBS Group (UBS.US) will release its Earnings Reports before the market opens on April 30.

$UBS Group (UBS.US) will release its Earnings Reports before the market opens on April 30, and investors should pay attention. How did its performance before? $UBS Group (UBS.US) had revenue of $11.635 billion and Net income of $0.779 billion with EPS of $0.23 in Q4 2024. In Q1 2024, revenue was $12.739 billion, Net income was $1.764 billion, and EPS was $0.52. The accounting standards used for the above data are US GAAP. Futubull reminder: 1. There are no strict regulations on the fiscal year division for companies listed on the Hong Kong or U.S. stock markets; it is entirely determined by the companies themselves.

Moomoo NewsApr 24 21:00 ET

Matt Benson Appointed Market Director for McLean, Virginia

BusinesswireApr 24 15:35 ET