logo
Search…
home
TOP News
Latest
RecommendHK StockUS StockChina StockMacroBond
Commercial
GlobalInvestment&FinancingCompany&ProductsCharacterESG
Economy&politics
Hong KongChinaAmerica
Stocks
HK StockChina StockUS Stock
Markets
HK StockUS Stock
IPO
Hong KongAmericaChina
Research
US StockHK Stock
Opinion
Recommendation
Home > Latest

Lates News

date
05/08/2025
The Ministry of Finance plans to issue 2025 ledger-type discount national bonds, with a total face value of 30 billion yuan for this period. The bidding time is from 10:35 to 11:35 in the morning of August 6, 2025.
Latest
1 m ago
Guangdong Province's flood prevention emergency response has been upgraded from Level III to Level II. Pay attention to defending against floods.
2 m ago
Citigroup: Raises China Resources Power's target price to HK$1.3, maintains "Neutral" rating.
2 m ago
Citigroup's research report states that Sinopec Energy's net profit in the first half of the year increased by 23.4% year-on-year to 450 million yuan, mainly benefited from the growth of solar power generation capacity, reduction in financial and tax expenses. These factors offset the higher grid restrictions and more market discount-based sales impacts. The bank stated that Sinopec Energy's effective debt cost decreased from 3.5% at the end of 2024 and 4.7% a year ago to 2.88% in the first half of this year, prompting a 2% to 7% increase in the company's net profit forecast for 2025 to 2027 in response to the decrease in financing costs. The target price was raised from HK$0.86 to HK$1.30, while maintaining a "neutral" rating.
2 m ago
Goldman Sachs: Expecting a continued decline in demand for solar glass, maintaining a "sell" rating on GCL-Poly and Flat Glass.
2 m ago
Goldman Sachs published a research report pointing out that both Xinyi Group and Fuyao Glass have issued profit warnings significantly below expectations. Although the stock prices of solar glass companies covered since April have risen reflecting market anticipation of supply contraction and price increases under anti-monopoly policies, the bank believes that industry profitability pressure will deepen further in the second half of this year and next year. The bank has lowered its average selling price forecast for the third quarter of this year to next year by 9% to 20% to 10 to 11 RMB per square meter to reflect worsening supply and demand in the second half of the year and continuous deflation of raw material prices, and expects a deeper decline in glass demand in the fourth quarter. Based on forecasts of reduced effective capacity, price declines, and rising costs, the bank has lowered its EBITDA forecasts for Fuyao Glass and Xinyi Group by 58% and 73% for 2025 to 2026, and by an average of 2% for 2027 to 2030. The bank has slightly reduced the H-share target price of Fuyao Glass from 6.7 HKD to 6.6 HKD, the A-share target price from 10.3 HKD to 10.2 HKD, and maintained the target price of Xinyi Group at 1.9 HKD, all with a "sell" rating unchanged.
See all latestmore
logo
Contact US
qr
+852 - 60190728
gmteight@futurecultural.com
Customer Support
About Us
Contact Us
Frequently Asked
Privacy Policy
Terms of Use
Commercial Services
Advertising
Business Development
Copyright
Terms of Service
©️2013 - 2025 GMT EIGHT Holdings. All Rights Reserved.