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Home > Latest

Lates News

date
19/06/2025
Morgan Stanley will close its electronic stock trading department.
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The Thai stock market fell by 2.4% to 1068.46 points, the lowest point since April 9th.
1 m ago
Sasa International's annual revenue was 3.94 billion Hong Kong dollars, estimated to be 4.06 billion Hong Kong dollars.
1 m ago
Lyon: raised the target price of Shenjin Permanent Magnet to HK$25 and increased the average price forecast of the products.
1 m ago
Lion has published a report raising the target price of China Rare Earth Permanent Magnet to 25 Hong Kong dollars from 20 Hong Kong dollars, reiterating a "highly confident outperform the market" rating. The bank noted that domestic rare earth oxide and alloy prices have increased by 11% and 10% year-on-year in the first five months this year, adjusting the company's comprehensive average sales price assumption. It is now forecasted that the company's average selling prices for this year and next year will increase by 12% and 8% respectively, compared to the previous forecast of 10% and 3%. The bank pointed out that the trade tension highlights the importance of China's manufacturing of rare earth magnets, and the gradual recovery of rare earth prices is beneficial to leading magnet manufacturers. The report also cited the company's management pointing out that the upstream environment is still very tense, with China having only two major rare earth suppliers needing to increase production quotas to meet the surge in downstream demand. The bank expects that domestic upstream quotas and orders confirmed with Tesla's Optimus will be announced after trade negotiations are resolved later this year.
2 m ago
Sa Sa International (00178) appointed Zhong Mingjie as an executive director.
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