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26/08/2025
HSBC raised the target price of Great Wall Motor's H shares from HK$11.90 to HK$21.60, and the target price of Great Wall Motor's A shares from RMB 24.00 to RMB 31.20.
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Every AI Fast News, Open Source Securities issued a research report on August 26, giving Chang Electric Technology (600584.SH) a buy rating. The main reasons for the rating include: 1) Revenue in the first half of 2025 increased by more than 20% year-on-year, with net profit attributable to the parent company eroded by financial expenses; 2) Demand for computing, automotive electronics, industrial, and communication sectors rebounded driving growth; 3) Continuously strengthening industrial layout, high-end advanced packaging entering the mass production stage. (Daily Economic News)
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Each AI Express, Zhongyuan Securities released a research report on August 26th, giving Punaigufen (002225.SZ) a buy rating. The main reasons for the rating include: 1) downstream demand weakness and product price pressure affecting the company's profitability; 2) the decline in gross profit margin of the main business of refractory materials affected by the decline in settlement prices for whole-set business; 3) the pressure on the profitability of refractory materials business leading to an increase in credit impairment losses year-on-year; 4) the profitability of the main business of refractory materials is expected to improve in the future, with steady progress in overseas business and magnesia business. (Daily Economic News)
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Jiangsu Guoxin: Guoxin Shazhou Second 1,000,000 Kilowatt Unit Put into Operation
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Hengding Industries (01393.HK) released its interim results with a net loss of 248 million yuan, a decrease of 29.3% year-on-year.
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The total transaction volume of Shell in the second quarter of 2025 was 878.7 billion yuan, an increase of 4.7% year-on-year. Net revenue was 26 billion yuan, an increase of 11.3% year-on-year. Net profit was 1.307 billion yuan, a decrease of 31.2% year-on-year. Adjusted net profit was 1.821 billion yuan, a decrease of 32.4% year-on-year.
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