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Lates News
06/05/2025
Hong Kong telecommunications equipment stocks fluctuated and fell, Xiaomi Corporation dropped more than 3%, Hongteng Precision dropped more than 3.8%, and BYD Electronics fell 1.3%.
Latest
2 m ago
518 provides assistance for Shenzhou communication.
4 m ago
CICC International: Raises target price of China Everbright Bank to 3.97 Hong Kong dollars, maintains "buy" rating.
4 m ago
Bank of China International recently released a report stating that China Everbright Bank's first quarter profit continues to grow, with net profit increasing by 0.3% year-on-year in the first quarter of 2024 and by 2.2% for the full year. The bank believes that in 2025, China Everbright Bank may maintain good asset quality, but net interest margin is expected to decrease. Considering the current low valuation, the bank has raised its target price to 3.97 Hong Kong dollars and maintained a "buy" rating.
8 m ago
2025 "May Day" holiday travel is hot.
11 m ago
UBS released a report stating that China Railway Construction's first-quarter revenue and recurring net profit decreased by 6% and 14% respectively compared to the same period last year. The lower recurring profit than the bank and market expectations was mainly due to weak gross profit margins. The gross profit margin declined from 7.8% in the first quarter of 2024 to 7.5% in the first quarter of 2025. Reflecting lower-than-expected first-quarter earnings, UBS reduced the stock's 2025 target price-to-earnings ratio from 3.4 to 3.3 times and lowered the target price by 9% to 5.1 Hong Kong dollars, rating it as "neutral".
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