UBS Group Newsroom

UBS Q1 2025 Earnings Preview

Seeking AlphaApr 29 11:04 ET

UBS Group has raised the Target Price for China United Network Communications to HKD 10.5 and maintains a 'Buy' rating.

UBS Group released a Research Report stating that they raised the Target Price for China United Network Communications (00762) from 8.3 Hong Kong dollars to 10.5 Hong Kong dollars, maintaining a "Buy" rating. The current share price corresponds to an expected dividend yield of 6.8% for next year, higher than the historical average of 5.5%. The bank has lowered the capital expenditure assumptions for China United from this year to 2027 by 10% to 15%, and reduced the net income forecasts for this year and next year by 3% to 5%, reflecting increased investment in new business, partially offset by reduced depreciation. The bank anticipates that China United's long-term Cash / Money Market flow will increase, based on the transformation of business towards new enterprise business, with Cash-ROIC improving by 1 percentage point.

Sina Hong Kong stocksApr 29 06:44 ET

UBS Group maintains the Buy rating on CHINA TELECOM and lowers the Target Price to 6.6 Hong Kong dollars.

UBS Group released a Research Report stating that CHINA TELECOM (00728) saw its service revenue increase by 0.3% year-on-year to 12.47 billion yuan in the first quarter of this year, falling short of market expectations by 4%. This was mainly due to macro headwinds causing a slowdown in Business performance, and management had previously indicated a selective approach to controlling the profitability of Business projects. UBS Group has lowered its forecast for CHINA TELECOM's service revenue and Net income for this year to 2027 by 2% to 8%, reflecting the slowdown in Business growth and the acceleration in depreciation. The Target Price has been adjusted down from HKD 6.8 to HKD 6.6, maintaining a "Buy" rating. The bank mentioned that following the release of quarterly industry revenue data by the Ministry of Industry and Information Technology on the 22nd of this month,

Sina Hong Kong stocksApr 29 06:42 ET

UBS Group: Downgraded CR BLDG MAT TEC's earnings forecast for this year by 7% and raised the Target Price to HKD 1.8.

UBS Group released a Research Report stating that it has lowered the profit forecast for CR BLDG MAT TEC (01313) for this year by 7%, reflecting a reduction in cement sales forecasts, but has raised the profit forecast for next year and 2027 by 2% to 5%, based on supply coordination leading to an increase in the forecasted gross profit per ton of cement. The firm continues to give the stock a "neutral" rating, increasing the Target Price from HKD 1.73 to HKD 1.80. The report noted that the company turned a profit in the first quarter compared to the same period last year, recording a Net income of 0.107 billion yuan. Based on market expectations, the company's annual profit is projected to be 1.261 billion yuan, while the first-quarter profit only accounted for 8% of the market's full-year forecast, suggesting that the quarterly results may fall short of market expectations.

新浪港股Apr 29 04:03 ET

The head of the UBS Group Asia Pacific corporate book, Tu Lei, is reportedly leaving.

According to sources, the head of UBS Group's Asia-Pacific corporate book, Tu Lei, will leave the bank. Following the merger with Credit Suisse in 2023, UBS Group is currently restructuring its Business operations. UBS Group declined to comment on this. Tu Lei previously served as co-head of Credit Suisse's Asia Pacific Financing Group.

Global Market ReportApr 29 03:47 ET

UBS Hires Financial Advisor Shahan Avakian in Walnut Creek

BusinesswireApr 28 14:07 ET

UBS to Integrate Insightsoftware Into US Workplace Wealth Solutions Business

MT NewswiresApr 28 10:49 ET

UBS Advisor Adam Epstein Named a Forbes Top Wealth Advisor

BusinesswireApr 28 09:30 ET

UBS Unveils New Workplace Wealth Solutions Technology for Global Stock Plan Issuers

BusinesswireApr 28 09:30 ET

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.Apr 28 04:41 ET

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 StocksApr 27 23:51 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

Market Chatter: UBS in Talks for Private Credit Partnership With General Atlantic

MT NewswiresApr 24 11:24 ET

UBS Private Wealth Advisor Michael Lundon Named to Forbes Best-In-State Wealth Advisors List

BusinesswireApr 24 11:06 ET

UBS Group has abandoned its long-held bearish view on the Indian stock market and raised its rating for the Indonesian stock market to overweight.

UBS Group has abandoned its long-standing bearish view on the Indian stock market, raising its rating from underweight to neutral, adjusting its strategy in light of global trade uncertainties. Analysts including Sunil Tirumalai wrote in a report on Thursday that as investors have increasingly favored defensive and domestic-oriented stocks, this Brokerage has grown more optimistic about the South Asian market. "Although valuations still appear expensive relative to the typical fundamentals of companies, the Indian economy, which is predominantly domestic and benefits from falling oil prices, has shown defensiveness amid trade uncertainties," these Analysts wrote. After Trump launched the trade war, global investors became more cautious.

Global Market ReportApr 23 22:21 ET

Kepler Capital Sticks to Its Buy Rating for UBS Group AG (UBS)

TipRanksApr 23 21:48 ET

UBS, General Atlantic in Talks on Private Credit Partnership, Bloomberg Reports

MT NewswiresApr 23 13:57 ET