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<Research>Daiwa: WUXI APPTEC (02359.HK) 2Q24 Results in Line; Full-Yr Guidance Unchanged

<Research>Daiwa: WUXI APPTEC (02359.HK) 2Q24 Results in Line; Full-Yr Guidance Unchanged

Daiwa highlighted in a research report that WUXI APPTEC (02359.HK)'s 2Q24 revenue fell 6.5% YoY, in line with market consensus. Net profit decline...

icoAASTOCKS
2024-07-30 10:57
<Research>Daiwa Upgrades FUYAO GLASS (03606.HK) to Buy as 2Q Preliminary Results Beat Forecasts

<Research>Daiwa Upgrades FUYAO GLASS (03606.HK) to Buy as 2Q Preliminary Results Beat Forecasts

FUYAO GLASS (03606.HK)'s preliminary results show that 1H24 revenue was in line with forecasts, and earnings beat expectations, Daiwa released a r...

icoAASTOCKS
2024-07-30 10:53
<Research>M Stanley Predicts SOE Property Managers to Record 10-20% Growth in 1H Earnings With Stable Cash Flow

<Research>M Stanley Predicts SOE Property Managers to Record 10-20% Growth in 1H Earnings With Stable Cash Flow

A recent Morgan Stanley report has revealed its expectation for SOE property managers to achieve 10%-20% growth in their 1H earnings with stable cash ...

icoAASTOCKS
2024-07-30 10:49
<Research>BOCI Expects Appliance OEMs to Benefit Most From Ultra-Long Treasury Bonds

<Research>BOCI Expects Appliance OEMs to Benefit Most From Ultra-Long Treasury Bonds

BOCI released a report expecting appliance OEMs to be the main beneficiaries of the ultra-long treasury bonds on the back of improved consumer confide...

icoAASTOCKS
2024-07-30 10:46
<Research>BOCI: WUXI APPTEC (02359.HK) 1H24 Results in Line, Order Book on Hand Beats

<Research>BOCI: WUXI APPTEC (02359.HK) 1H24 Results in Line, Order Book on Hand Beats

BOCI highlighted in a report that WUXI APPTEC (02359.HK) achieved revenue of RMB17.2 billion in 1H24, with non-Covid revenue essentially flat YoY, in ...

icoAASTOCKS
2024-07-30 10:45
<Research>Haitong Int'l: H-/ A-shrs Valuation at Historical Lows; HK Stocks Have Greater Advantages on Style Shift

<Research>Haitong Int'l: H-/ A-shrs Valuation at Historical Lows; HK Stocks Have Greater Advantages on Style Shift

The current market style began to shift from dividends to new quality productivity, Haitong International released a research report saying. W...

icoAASTOCKS
2024-07-30 10:33
<Research>Jefferies Cuts WUXI APPTEC (02359.HK) TP to $97, Rating Buy

<Research>Jefferies Cuts WUXI APPTEC (02359.HK) TP to $97, Rating Buy

WUXI APPTEC (02359.HK) saw revenue fall 9% YoY, EBITDA drop 9% YoY, and net profit sink 20% YoY in 1H24, according to a research report by Jefferies. ...

icoAASTOCKS
2024-07-30 10:16
<Research>Jefferies Claims CR BEER Shr Price Reflects Weak Biz Outlook, Uncertainty in SOE's Remuneration Package

<Research>Jefferies Claims CR BEER Shr Price Reflects Weak Biz Outlook, Uncertainty in SOE's Remuneration Package

According to a recent report by Jefferies, CHINA RES BEER (00291.HK) trades at 13x 2024E P/E with a dividend yield of around 4%, which is at the low e...

icoAASTOCKS
2024-07-30 10:15
<Research>UBS: CN Banks' 1H24 Results May Beat; Loan Rate Cuts Future Key Risk

<Research>UBS: CN Banks' 1H24 Results May Beat; Loan Rate Cuts Future Key Risk

UBS said in a report that most China banks will announce their 2Q24 and 1H24 results in mid-August, and the performance is expected to improve slightl...

icoAASTOCKS
2024-07-30 10:13
<Research>UBS: WUXI APPTEC (02359.HK) 1H24 Results Miss; Full-yr Target Unchanged

<Research>UBS: WUXI APPTEC (02359.HK) 1H24 Results Miss; Full-yr Target Unchanged

UBS highlighted in a report that WUXI APPTEC (02359.HK)'s 1H24 revenue fell 8.6% YoY to RMB17.2 billion, slightly lower than the RMB17.3 billion f...

icoAASTOCKS
2024-07-30 10:06
<Research>JPM Downgrades MENGNIU DAIRY (02319.HK) to Neutral, Chops Target Price 57% to $13

<Research>JPM Downgrades MENGNIU DAIRY (02319.HK) to Neutral, Chops Target Price 57% to $13

MENGNIU DAIRY (02319.HK) shares came under pressure this morning (30 July). It last printed at $12.82, plummeting 5% and becoming the biggest blue-chi...

icoAASTOCKS
2024-07-30 10:06
<Research>CMBI Trims CHOW TAI FOOK (01929.HK) TP to $14.54, Rating Buy

<Research>CMBI Trims CHOW TAI FOOK (01929.HK) TP to $14.54, Rating Buy

CHOW TAI FOOK (01929.HK) maintained its guidance of flat revenue growth in FY2025, CMBI released a research report saying. CMBI expected FY2025-FY2027...

icoAASTOCKS
2024-07-30 10:02
3 Major Oil Stocks Decline in Early Session; PETROCHINA (00857.HK) Now Slumps 3%+

3 Major Oil Stocks Decline in Early Session; PETROCHINA (00857.HK) Now Slumps 3%+

International oil prices have fallen for two days in a row, and the 3 major oil stocks came under pressure this morning. PETROCHINA (00857.HK) opened ...

icoAASTOCKS
2024-07-30 09:53
<Research>CMBI Slightly Raises BYD ELECTRONIC (00285.HK) TP to $45.28, Stable Growth Expected in 1H

<Research>CMBI Slightly Raises BYD ELECTRONIC (00285.HK) TP to $45.28, Stable Growth Expected in 1H

CMBI released a report expecting that BYD ELECTRONIC (00285.HK) will post 32% and 26% growth in its revenue and net profit in 1H24 driven by iPad shar...

icoAASTOCKS
2024-07-30 09:48
<Research>BofAS Trims CKH HOLDINGS (00001.HK) TP to $55 on Fundamental Improvement, Some Div. Uncertainty

<Research>BofAS Trims CKH HOLDINGS (00001.HK) TP to $55 on Fundamental Improvement, Some Div. Uncertainty

BofA Securities released a research report reiterating rating at Buy on CKH HOLDINGS (00001.HK), but trimming its target price by 5% to $55. B...

icoAASTOCKS
2024-07-30 09:45
BYD COMPANY Wanes ~2% as FangChengBao Reported to Cut 'Bao 5' Prices by RMB50K on General 1H24 Sales

BYD COMPANY Wanes ~2% as FangChengBao Reported to Cut 'Bao 5' Prices by RMB50K on General 1H24 Sales

BYD COMPANY (01211.HK) shed nearly 2% to $226.8, with 796,000 shares traded, involving $182 million. BYD COMPANY's FangChengBao announced t...

icoAASTOCKS
2024-07-30 09:43
HK stocks open lower, dragged down by US

HK stocks open lower, dragged down by US

The Hong Kong market slid in early trade on Tuesday, following a mixed performance from US markets overnight, with investors jittery ahead over centra...

icoRTHK·HK
2024-07-30 09:40
<Research>Citi Opens 30-day Downside Catalyst Watch on CHINA SUNTIEN (00956.HK)

<Research>Citi Opens 30-day Downside Catalyst Watch on CHINA SUNTIEN (00956.HK)

Citi Research issued a research report opening a 30-day downside catalyst watch on CHINA SUNTIEN (00956.HK), and expecting 1H24 earnings to miss marke...

icoAASTOCKS
2024-07-30 09:40
FUYAO GLASS (03606.HK) Rebounds ~4% as Interim NP Grows 23%

FUYAO GLASS (03606.HK) Rebounds ~4% as Interim NP Grows 23%

After crashing near 7% yesterday, FUYAO GLASS (03606.HK) opened 3.52% higher this morning and peaked at $43. It now trades at $42.85, rebounding 3.88%...

icoAASTOCKS
2024-07-30 09:38
WUXI APPTEC Swells 6%+ as Interim NP Falls 20% YoY

WUXI APPTEC Swells 6%+ as Interim NP Falls 20% YoY

WUXI APPTEC (02359.HK) opened 2.96% higher today (30th), and once escalated 6.96% to a high of $30.75 in the morning session. The stock last printed a...

icoAASTOCKS
2024-07-30 09:37