Changes in Hong Kong stocks | Ganfeng Lithium (01772) is now up more than 5%, losing 440 million in the first quarter, in line with expectations, strong shipments or become a catalyst
The Zhitong Finance App learned that Ganfeng Lithium (01772) is now up more than 5%. As of press release, it has risen 5.17% to HK$24.4, with a turnover of HK$40.1711 million. According to the news, Ganfeng Lithium announced its report for the first quarter of 2024. Operating revenue for the reporting period was 5,058 billion yuan, a year-on-year decrease of 46.41%; net profit attributable to shareholders of listed companies was 439 million yuan, a year-on-year profit and loss. CICC said that the company's Q1 performance was in line with expectations, and the gradual digestion of high-priced concentrate stocks in the early period was the main reason for the decline in production costs. CITIC Lyon said that strong shipments are expected to become Ganfeng Lithium
CITIC Lyon: Maintaining Ganfeng Lithium's (01772) “Outperforming the Market” Rating Target Price Reduced to HK$26.7
CITIC Lyon expects Ganfeng Lithium (01772) shipments to increase by about 20% in 2024, with net profit mainly affected by one-time factors.
CNNC Titanium Dioxide (002145.SZ) has spent 654 million yuan to buy back 3.614% of shares
CNNC Titanium Dioxide (002145.SZ) issued an announcement. As of April 30, 2024, the company has approved a special repurchase...
Jiangsu Hengshun Vinegar-Industry Co.,Ltd Just Missed EPS By 28%: Here's What Analysts Think Will Happen Next
As you might know, Jiangsu Hengshun Vinegar-Industry Co.,Ltd (SHSE:600305) last week released its latest first-quarter, and things did not turn out so great for shareholders. The analysts look to
Anhui Honglu Steel Construction(Group) CO., LTD Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected
The analysts might have been a bit too bullish on Anhui Honglu Steel Construction(Group) CO., LTD (SZSE:002541), given that the company fell short of expectations when it released its quarterly result
Orekin (002701): Revenue growth rebounded quarterly, profitability repaired
24Q1 revenue/net profit to mother increased by 5.95%/32.68%. Maintaining the “buy” rating, the company achieved revenue of 13.843 billion yuan (yoy -1.59%) in 23 years, and net profit to mother of 775 million yuan (yo
Hengshun Vinegar Industry (600305): The pain of reform is expected to improve operations
2023&1Q24 results are lower than our expectations. The company announced 2023 &1Q24 results: 2023 revenue/net profit attributable to mother/net profit after deduction of 21.1/0.87/ 777 million yuan, the same
Express News | CNNC Titanium White: Actual controller Wang Zelong received an administrative penalty decision
CNNC Titanium Dioxide (002145.SZ): A total of 3.614% shares have been repurchased
Gelonghui, April 30, 丨 CNNC Titanium White (002145.SZ) announced that as of April 30, 2024, the company had repurchased a total of 139,913,595 shares of the company's shares through a dedicated securities account, accounting for 3.614% of the company's current total share capital. The highest transaction price was 5.10 yuan/share, the minimum transaction price was 3.89 yuan/share, and the total transaction amount was RMB 654 million (excluding transaction fees).
Ganfeng Lithium (002460): 1Q24 performance is in line with expectations, stocks of high-priced concentrate are gradually being digested
The 1Q24 results are in line with our expectations of the 1Q24 results announced by the company, achieving operating income of 5.06 billion yuan, -46% year-on-year, and -31% month-on-month; net profit to mother of 400 million yuan, net profit to mother after deducting -2.5 billion yuan
Shandong Mining Machinery (002526.SZ): The drone project has not yet formed a batch order
Gelonghui, April 30丨An investor asked Shandong Mining Machinery (002526.SZ) on the investor interactive platform, “Has your company's drones reached mass production?” The company replied that no batch orders have been formed for the drone project yet.
Shandong Mining Machinery (002526.SZ): Drone project develops two CKY6 and CKY7 models
Gelonghui, April 30丨An investor asked Shandong Mining Machinery (002526.SZ) on the investor interactive platform, “Please tell me what products does the company's subsidiary Shandong Changkongyan Aviation Technology Co., Ltd. mainly produce?” The company replied that the drone project developed two CKY6 and CKY7 models.
Sanquan Foods (002216): Continued product innovation, B-side revenue growth is steady
Incident: Sanquan Foods achieved revenue of 7.056 billion yuan in 2023, down 5.09% year on year, and realized net profit to mother of 749 million yuan, down 6.55% year on year. 4Q23/1Q24 Realized Revenue 16.41
Yanghe Co., Ltd. (002304): Steady growth in operations, increase in dividends
Key investment events: 2023 revenue/net profit to mother was 331.3/10.02 billion yuan, respectively, +10.0%/+6.8% YoY. 2024Q1 Revenue/ Net Profit to Mother 162.5/60
Bank of Communications Completes Issue of 26 Billion Yuan Bonds
Bank of Communications Co (HKG:3328) completed the issue of 26 billion yuan tier-2 capital bonds, according to a Monday Hong Kong bourse filing. The bonds were issued in 15 billion yuan and 11 billion
Dongfang Shenghong (000301): 24Q1 performance is under pressure, and the refining and chemical price spread has picked up
Key investment points: Company announcement: In the first quarter of 2024, the company achieved operating income of 36.739 billion yuan, an increase of 24.34% over the previous year; net profit to mother was about 247 million yuan, a year-on-year decrease of 66.53%; net profit not attributable to mother was about
CITIC Securities: Target price of HK$7 for “increase in holdings” rating to Bank of Communications (03328)
CITIC Securities raised Bank of Communications's (03328) earnings estimates per share for 2025 and 26 to RMB 1.21 and RMB 1.29, respectively.
Hengshun Vinegar Industry (600305): Short-term performance is under pressure, looking forward to deepening reforms
Incident: The company released its 2023 annual report and 2024 quarterly report. In 2023, the company achieved revenue of 2.11 billion yuan, -1.5% year over year; realized net profit of 90 million yuan, or -37.0% year on year; realized deductions
Express News | CITIC Securities: Exchange's interest business volume increased in the first quarter, prices stabilized, ratings increased
Oriental Shenghong (000301): There is room for optimization of refining and chemical costs, Saudi Arabia may increase capital or reduce debt ratio
The 2023 and 1Q24 results are in line with market expectations. The company announced 2023 results: operating income of 140.4 billion yuan, +120% year over year; thanks to the basic production of refining and chemical projects, net profit to mother was 720 million yuan, year-on-year +