Category: Hong Kong stocks

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

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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

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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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Hong Kong stocksMarket Updates

Sino Biopharmaceutical Ltd Positioned for Strong Gains with Technical Buy Momentum

minichart

September 17, 2024

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...

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Hong Kong stocksMarket Updates

China’s Economic Data for August 2024

Minichart

September 16, 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...

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Hong Kong stocksMarket Updates

Economic Activity in China

Minichart

September 16, 2024

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...

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Hong Kong stocksMarket Updates

China Merchants Bank (CMB): OVERWEIGHT

Minichart

September 16, 2024

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...

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Hong Kong stocksMarket Updates

Construction Sector in China

Minichart

September 16, 2024

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...

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