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Shanghai Longcheer Technology Co., Ltd. Class H (9611) Receives a Buy From Guotai Haitong
Longqi Technology (09611) expects a net profit attributable to shareholders of approximately 15.4 million yuan for the first quarter.
Longqi Technology (09611) announced that the group expects to achieve a profit attributable to owners of the company of approximately RMB 15.4 million for the three months ending March 31, 2026, compared to a profit attributable to owners of the company of RMB 154.1 million for the same period in 2025. This is mainly due to (i) reduced revenue caused by weakened demand in the consumer electronics terminal market, (ii) increased costs and expenses resulting from greater investment in new business areas such as personal computers with AI technology (AIPC) and automotive electronics, and (iii) increased financial costs due to adverse fluctuations in the exchange rate of the US dollar against the RMB.
LONGCHEER: INSIDE INFORMATION - PROFIT WARNING
Private equity scale hits a new record, marking the sixth consecutive high at 22.7 trillion yuan, with Pingfanghe leading private equity filings.
①The total scale of private equity funds reached RMB 22.72 trillion at the end of March, marking the sixth consecutive record high; ②In March, the number of newly registered funds and the scale of new launches increased significantly on a month-over-month basis, with securities products accounting for over 70% of the newly registered products; ③Billion-yuan quantitative private funds remained the primary contributors to registration, with Pingfanghe leading in private equity registrations by registering 48 products in a single month.
Zhitong HK Stock Connect Proportion Anomaly Statistics | April 20
Abnormal Fluctuation Statistics of Shanghai-Hong Kong Stock Connect | April 17, 2026
Counterpoint: A significant rise in memory prices is impacting the low-end market, with ODM/IDH smartphone shipments expected to decline by 10% year-on-year in the second half of 2025.
According to Counterpoint Research, the shipment volume of smartphones designed by ODM/IDH companies in the second half of 2025 saw a significant year-on-year decline of 10%, ending two consecutive years of growth.