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Lates News
28/04/2025
CM: Maintain the rating of Intel (INTC.US) from underperform to neutral, and adjust the target price from $23.00 to $20.00.
Latest
4 m ago
National Energy Administration: Support private enterprises to actively invest in new energy storage, virtual power plants and other new energy technologies, new business models and new formats.
4 m ago
Citigroup: Gives BYD Electronics a "Neutral" Rating, First Quarter Intelligent Driving Products Did Not Bring Significant Contributions
4 m ago
Citi released a report stating that BYD Electronics' first-quarter revenue increased by 1% year-on-year to 36.88 billion yuan, but decreased by 33% quarter-on-quarter, which was worse than the seasonal decline of 18% over the past five years, possibly due to seasonal factors related to iPhone cases. The quarterly gross profit margin decreased by 0.6 percentage points year-on-year to 6.3%, but increased by 0.4 percentage points quarter-on-quarter due to product mix effects. The company's quarterly net profit increased by 2% year-on-year to 622 million yuan, only reaching the lower end of some investors' expectations as smart driving products did not bring significant contributions. Citigroup currently rates BYD Electronics as "neutral" with a target price of 36 Hong Kong dollars.
5 m ago
When the Canton Fair meets "buy now, return later", the daily average number of departure tax refunds in Guangzhou has increased by 1.68 times compared to the same period last year.
6 m ago
The main coke futures contract fell 2.00% intraday to 943.50 yuan/ton.
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