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08/08/2025
Zhao Haijun, CEO of SMIC: Production capacity is still insufficient, and our capacity will remain tight until October.
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The Indian SENSEX index opened down by 0.2%, at 80,478.01 points.
1 m ago
Citi: Raises Lee & Man Paper's target price to HK$2.4, reiterates "Sell" rating.
1 m ago
Citigroup's research report stated that Lee & Man Paper's performance in the first half of the year was slightly better than expected, but revenue was slightly lower than expected. Citigroup raised its earnings forecast for the company for the years 2025 to 2027 by 14% to 15% and increased the target price from 2 Hong Kong dollars to 2.4 Hong Kong dollars based on an expected PE ratio of 6 for 2025. The stock has risen by about 30% since early July, reflecting the steady performance in the first half of the year and recent measures taken against internal competition in the paper industry. However, Citigroup believes that weak consumer demand is still a key factor limiting profit margin recovery. Given the recent technical rebound, Citigroup reiterated its "sell" rating on the stock.
3 m ago
Goldman Sachs: Initiates Sunac China Holdings (02050.HK) with a "buy" rating and a target price of HK$33.2.
3 m ago
In 2025, the World Robotics Conference released the top ten development trends of intelligent robots with physical bodies.
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