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<Research>JPM Downgrades XINYI SOLAR (00968.HK) & FLAT GLASS (06865.HK) to Neutral, Chops TPs

<Research>JPM Downgrades XINYI SOLAR (00968.HK) & FLAT GLASS (06865.HK) to Neutral, Chops TPs

JPMorgan noted in a research report that it has become less optimistic about the supply and demand outlook for solar glass, with the latest market dat...

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2024-05-17 12:11
<Research>Jefferies Elevates JD-SW (09618.HK) TP to $161, Rating Buy on Solid Trend in User Growth & Engagement

<Research>Jefferies Elevates JD-SW (09618.HK) TP to $161, Rating Buy on Solid Trend in User Growth & Engagement

JD-SW (09618.HK)'s 1Q24 revenue was in line with expectations, while its non-GAAP earnings beat forecasts, Jefferies issued a research report sayi...

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2024-05-17 12:04
<Research>Huatai Securities Raises JD.com(JD.US) TP to $48.24 on Endogenous Rev. Growth Resumption, Accelerated Rev. Growth

<Research>Huatai Securities Raises JD.com(JD.US) TP to $48.24 on Endogenous Rev. Growth Resumption, Accelerated Rev. Growth

JD-SW (09618.HK) (JD.US)'s 1Q24 revenue grew 7% YoY, about 1% ahead the market consensus, while non-GAAP net profit grew 17.2%, over 19% higher th...

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2024-05-17 11:55
<Research>CMS Adds TENCENT (00700.HK) TP to $470; Stable Margin Expansion Trend Supports Bright Outlook

<Research>CMS Adds TENCENT (00700.HK) TP to $470; Stable Margin Expansion Trend Supports Bright Outlook

China Merchants Securities remarked in a report that TENCENT (00700.HK)'s 1Q24 revenue rose 6% YoY, in line with expectations, driven by a 26% YoY...

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2024-05-17 11:51
<Research>BOCI Raises JD (JD.US) TP to US$41.9 as 1Q Results Beat

<Research>BOCI Raises JD (JD.US) TP to US$41.9 as 1Q Results Beat

JD-SW (09618.HK) (JD.US)'s 1Q24 results beat the market's expectation, with earnings growing 17.2% YoY, over 20% higher than the market consen...

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2024-05-17 11:50
<Research>BofAS Elevates GWMOTOR (02333.HK) TP to $16.9; Overseas Biz, 'Tank' Brand are Key Profit Drivers

<Research>BofAS Elevates GWMOTOR (02333.HK) TP to $16.9; Overseas Biz, 'Tank' Brand are Key Profit Drivers

GWMOTOR (02333.HK)'s 1Q24 results were strong, mainly driven by the improvement in product structure and sales growth in overseas markets, in whic...

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2024-05-17 11:39
<Research>Citi Reduces TP of Baidu (BIDU.US) to US$170; Gen AI Brings Incremental Rev. but Search Ads Still Weak

<Research>Citi Reduces TP of Baidu (BIDU.US) to US$170; Gen AI Brings Incremental Rev. but Search Ads Still Weak

Citi Research noted in a report that BIDU-SW (09888.HK) (BIDU.US)'s 1Q24 results are in line with the broker's expectations, with total revenu...

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2024-05-17 11:29
<Research>HSBC Global Research Adds TP of JD-SW (09618.HK) to $160; Earnings Growth Certainty Improved

<Research>HSBC Global Research Adds TP of JD-SW (09618.HK) to $160; Earnings Growth Certainty Improved

HSBC Global Research wrote in a research note that JD-SW (09618.HK) (JD.US)'s 1Q24 results have exceeded expectations, demonstrating that the grou...

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2024-05-17 11:11
<Research>UBS Trims TP of Baidu (BIDU.US) to US$165; Margin Beats but Ads Outlook Weak

<Research>UBS Trims TP of Baidu (BIDU.US) to US$165; Margin Beats but Ads Outlook Weak

UBS noted in a report that Baidu (BIDU.US)'s 1Q24 results have beaten market forecasts, with core revenue reaching RMB23.8 billion, beating by 0.7...

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2024-05-17 11:02
<Research>UBS Lifts TP of JD-SW (09618.HK) to HK$156; 1Q24 Results Beat

<Research>UBS Lifts TP of JD-SW (09618.HK) to HK$156; 1Q24 Results Beat

UBS noted in a report that JD-SW (09618.HK)'s 1Q24 results have beaten expectations. Revenue elevated 7% YoY, in line with expectations. Adjusted ...

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2024-05-17 11:01
<Research>HSBC Global Research Ratings, TPs on CN Developers (Table)

<Research>HSBC Global Research Ratings, TPs on CN Developers (Table)

Shares | Ratings | Target prices (HK$ unless specified) AGILE GROUP (03383.HK) | Underweight | 0.5 C&D INTL GROUP (01908.HK) | Buy | 19....

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2024-05-17 10:51
<Research>Daiwa Elevates JD-SW (09618.HK) TP to $157; 1Q Margins Better than Expected

<Research>Daiwa Elevates JD-SW (09618.HK) TP to $157; 1Q Margins Better than Expected

JD-SW (09618.HK)'s 1Q24 earnings have beaten market forecasts by 21%, mainly due to higher-than-expected gross margins and operating margins at JD...

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2024-05-17 10:48
<Research>BOCI Raises Baidu (BIDU.US) TP to US$169.87; AI Propels Continued Growth

<Research>BOCI Raises Baidu (BIDU.US) TP to US$169.87; AI Propels Continued Growth

BOCI highlighted in a report that Baidu (BIDU.US)'s 1Q24 earnings grew 22% YoY, beating market expectations by 27.4%, while revenue rose 1% YoY, i...

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2024-05-17 10:33
<Research>BOCI Adds JD.com (JD.US) TP to US$41.9; 1Q24 Earnings Beat

<Research>BOCI Adds JD.com (JD.US) TP to US$41.9; 1Q24 Earnings Beat

BOCI highlighted in a report that JD.com (JD.US)'s 1Q24 earnings rose 17.2% YoY, beating market expectations by 20.1%, as growth in FMCG resumed a...

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2024-05-17 10:33
<Research>CLSA Ratings, TPs on CN Infrastructure & Cement Stocks (Table)

<Research>CLSA Ratings, TPs on CN Infrastructure & Cement Stocks (Table)

Stock | Rating | TP (HK$) CHINA STATE CON(03311.HK) | Buy | 10.6 -> 12 CNBM(03323.HK) | Buy | 5.4 -> 4 CR BLDG MAT TEC(0131...

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2024-05-17 10:23
<Research>Daiwa Slashes BIDU-SW (09888.HK) TP to $142 as Macro Headwinds Continue

<Research>Daiwa Slashes BIDU-SW (09888.HK) TP to $142 as Macro Headwinds Continue

BIDU-SW (09888.HK)'s 1FQ24 non-GAAP earnings beat market consensus by 20%, mainly due to the Company's better-than-expected core gross margin ...

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2024-05-17 10:16
<Research>CICC Adds JD.com (JD.US) TP to US$41; Supermarket & Advertising Revenues Recover

<Research>CICC Adds JD.com (JD.US) TP to US$41; Supermarket & Advertising Revenues Recover

CICC reported that JD.com (JD.US)'s supermarket and advertising revenues recovered in 1Q24, while its non-GAAP net profit lifted 17.2% YoY to RMB8...

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2024-05-17 10:00
<Research>CLSA Adjusts TPs on CHINA STATE CON, CNBM, CR BLDG MAT TEC, CONCH CEMENT

<Research>CLSA Adjusts TPs on CHINA STATE CON, CNBM, CR BLDG MAT TEC, CONCH CEMENT

CLSA released a research report expecting infrastructure to remain the main driver of China's economic growth target in 2024. Therefore, CLSA fore...

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2024-05-17 10:00
<Research>BOCOMI: BABA-SW E-commerce GMV Growth Picks up w/ Effective ST Investment

<Research>BOCOMI: BABA-SW E-commerce GMV Growth Picks up w/ Effective ST Investment

BABA-SW (09988.HK)'s 4FQ24 total revenue grew 7% YoY, broadly in line with the expectations of BOCOMI and the market, BOCOMI issued a research rep...

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2024-05-17 09:56
<Research>BOCOMI Elevates TENCENT (00700.HK) TP to $457 as Game Resumes Growth

<Research>BOCOMI Elevates TENCENT (00700.HK) TP to $457 as Game Resumes Growth

TENCENT (00700.HK)'s 1Q24 total revenue amounted to RMB159.5 billion, up 6% YoY and 3% QoQ, in line with the expectations of BOCOMI and the market...

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2024-05-17 09:49
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