Saturday, April 19th, 2025

Category: Hong Kong stocks

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...

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

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....

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

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...

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

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...

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

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...

Meituan’s Bullish Momentum: Strong Upside Potential Ahead

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...

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...