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Home > Latest

Lates News

date
07/07/2025
Goldman Sachs maintains its forecast for Brent crude oil prices at $59 for the fourth quarter of 2025 and $56 for 2026.
Latest
2 m ago
Lyon: Believe that the mid-term performance of technology stocks will be stable, first choice is AAC Technologies, Xiaomi, and SMIC.
2 m ago
Lyon released a research report stating that although the performance of the Chinese smartphone market in the first half of the year was lower than expected, they still believe that the mid-term performance of Chinese technology companies will remain robust. The significant price reduction of iPhones in the Chinese market has stimulated sales, while continued upgrades in the optical configuration of Android products have driven demand growth. The market's concerns about the tariff policies between China and the United States have accelerated PC shipments, and despite the price increase of Lenovo Group in the American market, demand remains stable. Lyon believes this will help alleviate investors' concerns about potential price increases for iPhones. For Lenovo, the net profit forecast for the first quarter ending in June has been raised from 301 million US dollars to 321 million US dollars, maintaining a "outperform" rating with a target price of 11 Hong Kong dollars. Lyon currently lists AAC Technologies, Xiaomi, and SMIC as top stock picks, pointing out that AAC's growth in the first half of the year is on track, and predicts a 49% year-on-year increase in mid-term profits to 800 million yuan, maintaining an "highly confident outperform" rating with a target price of 66.1 Hong Kong dollars. The bank also predicts that SMIC's second-quarter revenue will grow by 1% quarterly and raises the target price to 59.2 Hong Kong dollars, with an "outperform" rating.
4 m ago
Wuhan Tianyuan Investment established Green Power Technology Company.
4 m ago
BOCI Securities: Upgraded Netease's target price to HKD 236, expecting explosive growth next year.
4 m ago
Bank of China International has released a research report stating that NetEase is expected to announce its second quarter performance forecast in late August, with total revenue expected to increase by 11% year-on-year to 28.2 billion yuan. Online gaming revenue is expected to grow by 16% to 22.4 billion yuan, slightly lower than market expectations by 1%, while computer game revenue is projected to increase significantly by 67% to 7.6 billion yuan, and mobile game revenue is expected to remain stable at around 14.8 billion yuan. The bank predicts that NetEase's adjusted net profit for the second quarter will increase by 28% to 10 billion yuan, exceeding market expectations by 4%. The bank maintains a "buy" rating for NetEase, raising the target price from 220 Hong Kong dollars to 236 Hong Kong dollars and increasing adjusted earnings per share forecast for 2025 to 2027 by up to 2%. Looking ahead to 2026, Bank of China International believes that NetEase will experience a year of explosive growth.
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