JP Morgan upgrades CGN POWER (01816) rating to "overweight" with a target price of 4.5 Hong Kong dollars.

The profit forecast for China General Nuclear Power Corporation's power sector in 2026 and 2027 has been raised by 5% to 8%.

8 m ago

According to Macquarie's warning: If the Iran war continues until June, oil prices could soar to $200!

The Macquarie Group Limited stated that if the Iran war drags on until June and the Strait of Hormuz remains closed, oil prices may reach a record high of $200 per barrel.

12 m ago

Bank of America Securities: Downgrade LAOPU GOLD (06181) and CHOW TAI FOOK (01929) to "Neutral" and lower target price.

Even if the price of gold can maintain an upward trend, the bank believes that there is a limit to the continuous growth of gold jewelry consumption in sync with the gold price. Consumer fatigue and product cycle decline may periodically drag down sales.

14 m ago

Reevaluation of the application value of AI + holding 15 billion new life cycle orders, PATEO (02889) has a target price of HK$200 given by CICC International.

Recently, CICC International released a research report, covering Borgward Connected Cars (02889) for the first time, and gave it a "buy" rating with a target price of 200 Hong Kong dollars.

14 m ago

Lyon: Maintained Foshan Haitian Flavouring and Food (03288) "outperform" rating target price raised to HK$40.

This will increase Haitian Flavour's net profit forecast for this year and next year by 3% to 4%.

14 m ago

HK Stock Market Move | AINNOVATION (02121) rose over 4% in the afternoon, with all core financial indicators for the year reaching historical highs. The revenue from AI + manufacturing accounted for over 80%.

Smart Innovation (02121) rose more than 4% in the afternoon, as of the press time, up 2.72% to 4.91 Hong Kong dollars, with a turnover of 9.13 million Hong Kong dollars.

14 m ago

Hualing Pharmaceuticals (02552) Annual Report 2025 Review: Exploring the Long-Term Growth Logic of the Leading GKA Company from Profit in the First Year

Looking back to 2025, the growth trajectory of Hualing Pharmaceuticals is clear and strong.

16 m ago

HK Stock Market Move | XTEP INT'L (01368) falls nearly 5% again, last year's revenue increased by 4.2% year-on-year, Nomura expects competition in its core brand to intensify.

Xtep International (01368) fell nearly 5% again, with the stock falling 7% yesterday. As of press time, it was down 4.81% at 4.55 Hong Kong dollars, with a turnover of 1.88 billion Hong Kong dollars.

19 m ago

Citigroup: Raises WH Group (00288) target price to 10.9 Hong Kong dollars. The outlook for this year is good and the dividend yield is high.

The management aims to maintain the profitability of the US swine farming business in 2026 by further increasing efficiency despite potential rising costs.

21 m ago

Zhongjin: Continue to pay attention to competition and the impact of AI, and patiently wait for the valuation recovery of the online music sector.

The industry believes that the long-term growth logic of the music sector remains unchanged, diversified revenue potential exists, and the industry has the potential for valuation recovery.

25 m ago

HK Stock Market Move | Concept stocks of optical communication surged and then fell back. In the afternoon, YOFC (06869) dropped nearly 5% and TIME INTERCON (01729) fell over 3%.

The concept stocks of optical communication surged in the afternoon but quickly retreated. As of the time of writing, Changfei Optical Fiber Cable (06869) fell by 3.49% to 174.3 Hong Kong dollars; Conwave Technology (01729) fell by 3.02% to 16.07 Hong Kong dollars; and Cambridge Technology (06166) fell by 0.93% to 74.55 Hong Kong dollars.

30 m ago

As the Japanese yen approaches the 160 mark, Japan's finance minister issues another intervention warning: may take decisive action to address exchange rate fluctuations.

As the exchange rate of the yen is approaching a key level where the Japanese authorities intervened multiple times in 2024, Japanese Finance Minister Katsunobu Kato said on Friday that the Japanese government may take "decisive action" to deal with exchange rate fluctuations.

32 m ago

Citigroup: Sino Biopharm (01177) reported lower-than-expected profit last year, target price lowered to HK$10, rated as "buy"

The management expects that there will be 20 new products or indications approved from 2026 to 2028, including M701 (CD3/EpCAM), TQB2101 (Her2/Her2 ADC), LM302 (CLDN18.2 ADC), etc.

34 m ago

HK Stock Market Move | LIANLIAN (02598) rose over 6%, turning a loss into a profit and earning 16.64 billion yuan last year.

The stock of Linlin Numerals (02598) rose by over 6%, with a 6.31% increase reported at the time of writing, reaching 5.9 Hong Kong dollars, with a trading volume of 1192.05 million Hong Kong dollars.

35 m ago

Samsung's major shareholder publicly calls on others to follow SK Hynix's example and list in the United States, with the expectation of a good valuation.

A fund management company that sees Samsung Electronics as its biggest bet is urging the South Korean company to go public in the United States, saying it will increase the valuation of this chip manufacturer.

36 m ago

China Post Securities: Expect further price increases for vitamins, with significant producers directly benefiting from the price rise.

The high level of concentration enables the supply side to have the ability to push up prices by actively contracting supply.

45 m ago

HK Stock Market Move | Gold stocks collectively rebound with Chifeng Jilong Gold Mining (06693) rising over 5% and Lingbao Gold (03330) rising over 4%.

Gold stocks collectively rebounded, as of the time of writing, Chifeng Gold (06693) rose 5.53% to 37.04 Hong Kong dollars; Lingbao Gold (03330) rose 4.83% to 25.18 Hong Kong dollars.

46 m ago

Bank of America Securities: Lowering the target price of PICC GROUP (01339) to HK$7.5, reiterating a "Buy" rating.

Based on the assumption of deteriorating comprehensive cost rates and slowing growth expectations, the bank has lowered its profit forecast for the China Life Insurance Company for the 2026 to 2027 fiscal year by 4% to 5%.

49 m ago

HK Stock Market Move | CHINARES PHARMA (03320) rises nearly 5% again, with revenue and net profit exceeding expectations last year. Management has proposed several outlooks.

China Resources Pharmaceutical (03320) rose nearly 5% again, with a total increase of over 25% after earnings. As of the time of writing, it rose by 4.88% to 5.59 Hong Kong dollars, with a trading volume of 2.48 billion Hong Kong dollars.

51 m ago

Knight Frank: Hong Kong's first-hand residential transaction volume in March did not show a significant slowdown, and the property market is expected to continue to rise steadily.

In March, the number of property transactions in Hong Kong remained as high as 1,600, with no significant signs of slowing down. The real estate market is expected to continue to steadily rise.

54 m ago

GMT Eight

GMT Eight