Wednesday, November 27th, 2024

Category: Hong Kong stocks

Sino Biopharmaceutical Ltd Positioned for Strong Gains with Technical Buy Momentum

Date: September 17, 2024Broker: CGS-CIMB Securities Company Overview Sino Biopharmaceutical Ltd (Stock Code: 1177) is a major pharmaceutical company based in Hong Kong. It focuses on the research, development, production, and distribution of biopharmaceutical...

China’s Economic Data for August 2024

China’s Economic Data for August 2024 The data for China’s economic activity in August 2024 was weaker than expected. The highlights of the report include: GDP Growth Forecast: China’s GDP growth is forecasted to...

Economic Activity in China

Economic Activity in China Recommendation: OVERWEIGHT China’s economic activity in August 2024 was weaker than expected, with retail sales, industrial production, and fixed asset investment (FAI) missing expectations: Fixed Asset Investment (FAI): FAI growth...

China Merchants Bank (CMB): OVERWEIGHT

Banking Sector in China Recommendation: OVERWEIGHT Top Pick: China Merchants Bank (CMB) (3968 HK) CMB Share Price: HK$29.65 Target Price: HK$42.00 Upside: +41.7% The Chinese banking sector faces a challenging environment due to macroeconomic...

Construction Sector in China

Construction Sector in China Recommendation: MARKET WEIGHT Top Pick: China State Construction Engineering Corporation (CSCEC) (601668 CH) CSCEC Share Price: Rmb4.77 Target Price: Rmb6.09 Upside: +27.7% China’s construction sector continues to struggle amid weak...

Investment Opportunities: Chinasoft International, XPeng, Henderson Land, and Alibaba

Investment RecommendationThe recommendation is to BUY the stocks of Chinasoft International (354 HK), XPeng-W (9868 HK), and Henderson Land (12 HK). Alibaba-SW (9988 HK) is highlighted as a key player benefiting from significant inflows,...

Strong Growth Prospects for Zijin Mining Group Amid Rising Commodity Prices

Company HighlightsThis report focuses on Zijin Mining Group, a leading player in the mining sector, primarily engaged in gold, copper, and lithium production. The company ranks among the top 10 global producers of gold...

Investment Opportunity: China Petroleum & Chemical Corp (Sinopec) – Buy Now Before the Rebound

Company Highlights: China Petroleum & Chemical Corp (Sinopec) is China’s second-largest integrated oil and gas operator and the largest refining player. With strong operations across both upstream and downstream segments, Sinopec remains well-positioned in...

Sinarmas Land Ltd and BeiGene Ltd Poised for Growth Amid Bullish Signals

Investment Recommendation: Sinarmas Land Ltd (SIN) and BeiGene Ltd (HKG: 6160) are both recommended buys, based on technical analysis indicating potential upward price movement. Investors are advised to take long positions on both stocks....

Innovent Biologics: Pharma Giant in the Making with Strong Growth Prospects

Company Highlights: Innovent Biologics is evolving from a biotech company to a major pharmaceutical player in China, driven by its diverse drug pipeline. Key drugs such as Sintilimab, the company’s leading anti-PD-1 antibody, and...