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Changes in Hong Kong stocks | Minshi Group (00425) is now up nearly 5%, and the battery pack business remains strong, and the company's profit level is expected to continue to rise
Minshi Group (00425) is now up nearly 5%. As of press release, it has risen 4.71% to HK$13.34, with a turnover of HK$25.2413 million.
Minshi Group (00425.HK) was granted an additional 40,000 common shares by Wei Qinglian, worth approximately HK$497,600
On April 17, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on April 17, Wei Qinglian increased her shareholding of $Minshi Group (00425.HK) by 40,000 shares at an average price of HK$12.44 per share on April 16, worth about HK$497,600. After increasing her holdings, Wei Qinglian's latest shareholding was 451 million shares, and the good position ratio increased from 38.79% to 38.80%. Photo Source: Stock Exchange Equity Disclosure What is equity disclosure? As required by the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of the shares) are required to disclose their share interests in listed companies. Directors of listed companies
Analysts' Opinions Are Mixed on These Consumer Cyclical Stocks: Minth Group (OtherMNTHF), Expedia (EXPE) and Berry Global Group (BERY)
DBS: Maintaining Minshi Group's (00425.HK) “Buy” Rating Target Price Reduced to HK$18
DBS released a research report stating that it maintained the “buy” rating of Minshi Group (00425.HK), lowered its earnings forecast for FY2025 by 2% due to a slowdown in global automotive industry growth, while reducing the target price from HK$20.3 to HK$18.
Changes in Hong Kong stocks | Zhejiang Shibao (01057.HK) rose more than 11%, leading auto parts stock Tesla to launch driverless taxis
Auto parts stocks rallied in early trading. As of press release, Zhejiang Shibao (01057.HK) rose 10.47% to HK$2.11; Wuling Motors (00305.HK) rose 10.39% to HK$0.425; Nexteer (01316.HK) rose 8.07% to HK$3.75; Minshi Group (00425.HK) rose 2.53% to HK$12.98.
Minshi Group (00425.HK): Battery case business remains strong and diversified business injects new growth momentum into the company to maintain “purchases”
The “Buy” rating was maintained, but the target price was lowered to HK$22.00. Taking into account the business growth brought about by the rapid increase in passenger cars in China and the business collaboration brought about by the smooth expansion of overseas markets, there are ways to superimpose the life cycle of overseas passenger cars
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