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The State-owned Assets Supervision and Administration Commission of the State Council: unswervingly strengthen, optimize, and expand state-owned capital and state-owned enterprises.
The 2025 Issue 6 of the "Seeking Truth" magazine published a signed article by the Party Committee of the State-owned Assets Supervision and Administration Commission of the State Council titled "Unwaveringly Strengthening, Optimizing and Expanding State-owned Capital and State-owned Enterprises."
Brokerage morning meeting highlights: There is still significant room for improvement in China Consumer, with service consumption having more space than Commodity consumption.
At today's Brokerage morning meeting, Tianfeng stated that Hong Kong stocks still have appeal for mainland investors from a configuration perspective; China Securities Co.,Ltd. predicted that the growth momentum of construction machinery domestic sales is expected to continue in March; China International Capital Corporation believes that there is still significant room for improvement in Consumer spending, and the space for service consumption is greater than that for Commodity consumption.
HORIZON CD (09930.HK): A leader in the rental of aerial work platforms, with expected performance growth overseas.
In 2024, the company's revenue grew steadily, with a rapid increase in the proportion of non-asset-driven business. The company achieved revenue of 11.581 billion yuan in 2024, a year-on-year increase of 20.50%; net income attributable to shareholders was 0.896 billion yuan, a year-on-year decline.
CITIC Securities: Maintains the "Outperform Industry" rating for FE HORIZON with a Target Price of 8.0 HKD.
CICC released a Research Report stating that it maintains FE HORIZON (03360) with an "outperform industry" rating and a Target Price of 8.0 HKD. Considering that asset pricing may be under pressure due to loose liquidity, the firm has lowered the 2025 profit forecast by 3% to 4.2 billion yuan and introduced a 2026 profit of 4.7 billion yuan. The company has increased the dividend rate by 24 percentage points to 55%, corresponding to a year-on-year increase of 10% to 0.55 HKD per share, with a 2024 dividend yield of 9%, continuously strengthening shareholder returns. Considering that the aforementioned one-time drag is expected to ease in 2024, along with profit recovery expectations and high dividend support, the firm recommends continuing to pay attention to investment value. CICC pointed out that FE HORIZON.
Horizon Construction Development Limited Just Missed EPS By 18%: Here's What Analysts Think Will Happen Next
HORIZON CONSTRUCTION DEVELOPMENT(09930.HK):DOMESTIC OPERATIONS UNDER PRESSURE;ACCELERATING OVERSEAS EXPANSION