Saturday, January 4th, 2025

Category: Hong Kong stocks

Alibaba Health Information Technology Ltd: Bottom Reversal Signals Strong Upside Potential

Date of Report: September 26, 2024Broker Name: CGS International Company Overview Alibaba Health Information Technology Ltd (HKG: 241) is an integrated healthcare information and content service provider. The company utilizes a product identification, authentication,...

AIA Group Ltd Poised for Strong Growth: Technical Buy Signals Promising Upside

Date of Report: September 25, 2024Broker: CGS International Securities Stock Overview Company Name: AIA Group LtdStock Code: 1299Last Price: 59.65 Investment Recommendation AIA Group Ltd is identified as a Technical Buy in the report...

China Bank Cuts Interest Rates

China Bank Cuts Interest Rates The People’s Bank of China (PBOC) has recently implemented a series of interest rate cuts to stimulate economic growth. This move is aimed at addressing ongoing concerns regarding China’s...

Bullish Momentum Builds for Smoore International Holdings as Upside Breakout Signals Growth

Date of Report: September 24, 2024Broker: CGS International Securities Company Overview Smoore International Holdings Co Ltd (6969.HK) is a Hong Kong-based company specializing in vaping technology solutions. The company is recognized for its advanced...

Bullish Rebound Signals Strong Upside for Morimatsu International Holdings Co Ltd

Date: September 24, 2024Broker: CGS International Securities Pte. Ltd. Company Overview Morimatsu International Holdings Co Ltd (HKG: 2155) is a Hong Kong-listed company engaged in the manufacturing and distribution of pressure equipment. It specializes...

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

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

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...

Bullish Momentum Returns for Yue Yuen Industrial Holdings Ltd

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....

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

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...

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

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...