Wednesday, November 27th, 2024

Category: Hong Kong stocks

Hong Kong stocksMarket Updates

Plover Bay Technologies: Strong Growth Momentum and Rising Opportunities in 2024

minichart
September 24, 2024

Date of Report: 24 September 2024Broker Name: UOB Kay Hian Company Overview Plover Bay Technologies (1523 HK) is a small-mid cap company that has shown remarkable growth in 2024, continuing its solid momentum from...

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Alibaba Group is currently undervalued, trading at 10.5x FY25 earnings, offering an attractive entry point.

Hong Kong stocksMarket Updates
Minichart
September 23, 2024

Alibaba Group (9988 HK) Recommendation: BUY Target Price: HK$95.00 Current Price: HK$87.20 Stop-Loss Price: N/A Recommendation Date: September 23, 2024 Broker: UOB Kay Hian Investment Thesis: Alibaba Group, China’s largest e-commerce operator, continues to...

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Hong Kong stocksMarket Updates

Bullish Momentum Returns for Yue Yuen Industrial Holdings Ltd

minichart
September 23, 2024

Date: September 23, 2024Broker: CGS International Securities Hong Kong Limited Company OverviewYue Yuen Industrial (Holdings) Ltd (551) is a Hong Kong-listed company that manufactures and markets athletic, casual, and outdoor footwear through its subsidiaries....

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Hong Kong stocksMarket Updates

The target price of HK$95.00 is based on 11x FY25F PE, which is below Alibaba’s historical mean of 22x.

Minichart
September 23, 2024

Alibaba Group Overview: Share Price: HK$87.20 Target Price: HK$95.00 (Upside of 8.9%) Market Cap: HK$1.677 trillion (~US$212.1 billion) Major Shareholders: Ma Jack Yun (4.5%), Vanguard Group (3.7%), BlackRock (2.6%) Key Updates from the Apsara...

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Hong Kong stocksMarket Updates

SITC International Holdings (1308): Bullish Momentum Resumes with Upside Breakout

minichart
September 20, 2024

Date: September 20, 2024Broker: CGS-CIMB Securities Company Overview SITC International Holdings Co Ltd (1308) is a provider of marine shipping services, focusing on container liner shipping, freight forwarding, customs clearance, shipping agency, and ship...

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Hong Kong stocksMarket Updates

CATL’s performance during 1H24 was marked by significant growth metrics despite some macroeconomic pressures across the automotive sector

Minichart
September 20, 2024

CATL (Contemporary Amperex Technology Co., Ltd.), one of China’s leading battery manufacturers, experienced a robust performance during the first half of 2024, positioning itself as one of the top picks in the automotive sector....

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Hong Kong stocksMarket Updates

CK Asset (1113 HK) Surges 4.3% Ahead of Fed Rate Decision

minichart
September 19, 2024

Date: 19 September 2024Broker: MIB Securities (Hong Kong) Ltd Strong Performance Ahead of Fed Rate Decision CK Asset (1113 HK) saw a notable increase in its stock price, surging by 4.3% as Hong Kong...

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Hong Kong stocksMarket Updates

We prefer Anta, Galaxy, Haidilao, Haier, Midea and Miniso.

Minichart
September 19, 2024

Consumer Sector – China/Hong Kong Market Overview 1. Mid-Autumn Festival Boosts Tourism and Consumption Tourism: The three-day Mid-Autumn Festival holiday from September 15-17, 2024, saw a significant recovery in domestic tourism. This holiday marked...

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Hong Kong stocksMarket Updates

Best Pacific Targets 15% Revenue Growth in 2024 Amid Strong Demand from Global Brands

minichart
September 19, 2024

Date: 19 September 2024Broker: UOB Kay Hian Company Overview Best Pacific International Holdings (2111 HK) is a leading textile manufacturer specializing in lingerie materials, elastic fabrics, webbing, and lace. The company supplies major global...

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Hong Kong stocksMarket Updates

Meituan’s Bullish Momentum: Strong Upside Potential Ahead

minichart
September 18, 2024

Date of Report: September 17, 2024Broker Name: CGS International Securities Overview of Meituan Meituan (HKG: 3690) operates as a web-based shopping platform for locally sourced consumer products and retail services. The company offers a...

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