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U-PRESID CHINA (00220.HK) plans to hold a Board of Directors meeting on March 5 to approve the annual performance.
Gelonghui, January 17th丨U-PRESID CHINA (00220.HK) announced that the Board of Directors will hold a meeting on March 5, 2025 (Wednesday) to approve the annual performance announcement of the company and its subsidiaries for the year ending December 31, 2024, and to consider the proposal for the distribution of dividends (if any).
U-PRESID CHINA: DATE OF BOARD MEETING
Hong Kong stock market midday review | The three major Indexes collectively rebounded! Xiaomi and Tencent rose about 2%; Semiconductors stocks continued to rise, Semiconductor Manufacturing International Corporation rose over 4%.
Network Technology stocks weakened, Bilibili-W fell by 3.60%, XIAOMI-W rose by 2.59%; Sporting Goods stocks performed well, ANTA SPORTS increased by 5.32%, TOPSPORTS dropped by 3.44%; Hong Kong Retail Stocks weakened, BOSSINI INT'L rose by 3.81%, PRADA fell by 2.76%;
Hong Kong stock changes | U-PRESID CHINA (00220) rises over 4% again. Institutions expect that in 2025, the beverage Business is likely to drive the company's profit margin increase.
U-PRESID CHINA (00220) rose over 4% again, as of the time of writing, it increased by 3.77%, trading at 7.7 Hong Kong dollars, with a transaction amount of 8.7072 million Hong Kong dollars.
Bank of America Securities adjusts the Target Price for domestic demand stocks. Feihe (06186.HK) rating upgraded to 'Buy'.
U.S. Bank Securities published a report indicating that under the baseline scenario, gradual and targeted Consumer stimulus measures are expected to be introduced this year, but stronger and more effective policies may emerge later due to economic and geopolitical pressures. Furthermore, the bank believes that domestic demand stocks were affected last year by the '4D (Demand, Deflation, De-inventory, and Split)' impact. Although pressures continue, some domestic demand enterprises are expected to see performance rebound given the low base and the companies' own efforts such as strict cost control. Despite cyclic fluctuations in the Industry, there are still sectors driven by unique demands (such as health, outdoor activities, experiences, and personal interests) that show potential.
U-PRESID CHINA (00220.HK): Expected to end 4Q24 smoothly, with good growth anticipated to continue in 2025.
It is predicted that in 2024, the non-recurring profit will be 1.85 billion yuan, a year-on-year increase of 31%. We expect the company's revenue in 2024 to increase by 6.2% year-on-year, with a net income of 1.85 billion yuan, a year-on-year increase of 11.1%, and the non-recurring net income (removing 23 years).