Damo: Target price for Taobo (06110.HK) “gain” rating reduced to HK$7
Morgan Stanley released a research report stating that the target price for Taobo (06110.HK) was lowered by 13.6% from HK$8.1 to HK$7. Compared with Anta Sports (02020.HK) and Li Ning (02331.HK), there was a 20% to 25% discount, and the rating was “increased.” Damo lowered its 2024-2026 sales forecast by 2%-5% and profit forecast by 5%-9%.
Damo: Target price for Taobo (06110) “increase in holdings” rating reduced to HK$7
Damo expects sales of Taobo (06110) to increase 7% per year in 2024-2026
Bank Rating | J.P. Morgan Chase: Raising the target price of Yuyuan to HK$15 and raising the profit forecast for 2024 to 26
Glonghui, May 6 | According to a research report published by J.P. Morgan Chase, Yu Yuan's good cash dividend ratio support and improved gross margin of the manufacturing business have driven its steady rerating. However, the sustainability of profit margin trends after production has resumed and the prospects for the retail business are still the focus of attention. The bank's revenue forecast for 2024 to 2026 remains essentially unchanged, raising the gross margin forecast for this year and next by 0.1 to 0.2 percentage points and decreasing the gross margin forecast for 2026 by 0.1 percentage points. Also taking into account the results for the second half of 2023 and the company's prudent operating cost control over manufacturing and retail operations
Li Ning (02331.HK): Health operating indicators are expected to accelerate in the future
Key investment points The company disclosed 24Q1 turnover, which was generally stable. The online performance was superior to offline: the company disclosed 24Q1 turnover, with low omni-channel unit growth. Among them, the number of low offline units declined, and online growth was 20%-30% low, and online online
XTEP INT'L To Go Ex-Dividend On May 7th, 2024 With 0.08 HKD Dividend Per Share
May 3rd - $XTEP INT'L(01368.HK)$ is trading ex-dividend on May 7th, 2024. Shareholders of record on May 8th, 2024 will receive 0.08 HKD dividend per share on June 28th, 2024. The ex-dividend date
An associated corporation of Anta Sports (02020.HK) was granted an additional 4171,000 shares by Wu Yonghua, worth approximately US$6.295,900
On May 3, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on May 3, Wu Yonghua increased his shareholding of 4171,000 shares in Amer Sports, Inc. (02020.HK) $ with an average price of $15.0948 per share on April 26, worth about US$6.295,900. After the increase in holdings, Wu Yonghua's latest shareholding number of shares in the associated corporation was 536,800 shares, and the good position ratio increased from 0.02% to 0.11%. Photo Source: Stock Exchange Equity Disclosure What is equity disclosure? According to the requirements of the Hong Kong Stock Exchange, the majority shareholder (holding 5% of the shares or
Li Ning (02331.HK) received 452,000 additional shares from FIL Limited
Glonghui, May 3 | According to the latest equity disclosure data from the Stock Exchange, on April 26, 2024, Li Ning (02331.HK) received an increase of 452,000 shares from FIL Limited at an average price of HK$21.407 per share, involving approximately HK$9.5104 million. After the increase in holdings, FIL Limited's latest shareholding was 180,969,420 shares, and the shareholding ratio increased from 6.98% to 7.00%.
Teb International (01368.HK): Steady growth in Q1 looks forward to the subsequent acceleration of the main brand and the growth vitality of the new brand
Key investment points: Teb International revealed first-quarter turnover. Steady growth in a single quarter was accompanied by a year-on-year improvement in inventory sales. Special Step's main brand: Q1 sales volume increased steadily, and inventory sales improved year-on-year in 24Q1. In the same period last year, offline retail was very active and full channel
An associated corporation of Anta Sports (02020.HK) was granted an additional 92,500 shares by Wu Yonghua, worth approximately US$1,338,2 million
On May 2, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on May 2, Wu Yonghua increased his shareholding of 92,500 shares of Amer Sports, Inc. (02020.HK) $ with an average price of $14.4692 per share on April 25, worth about US$1,338,200. After the increase in holdings, Wu Yonghua's latest shareholding number of shares in the associated corporation was 119,700 shares, and the good position ratio increased from 0.01% to 0.02%. Photo Source: Stock Exchange Equity Disclosure What is equity disclosure? According to the requirements of the Hong Kong Stock Exchange, majority shareholders (holding 5% or more of shares)
Li Ning (02331.HK) received 452,000 additional shares of common stock from Fidelity International, worth approximately HK$9.510,400
On May 2, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on May 2, Fidelity International (FIL Limited) increased its share holdings of $Li Ning (02331.HK) by 442,000 shares at an average price of HK$21.0407 per share on April 26, worth about HK$9.510,400. After the increase in holdings, Fidelity International's latest shareholding was 181 million shares, and the good position ratio rose from 6.98% to 7.00%. This transaction involves other related parties: Pandanus Partners L.P., and Pandanus Associates In
Data reveal | What did Beishui buy in April? Bank of China sold over HK$10.5 billion and Tencent raised over HK$5.3 billion
Since July 2023, the southbound capital has maintained a net inflow for 10 consecutive months, with a cumulative net purchase of HK$408.792 billion during this period.
Taobo (06110.HK): FY24 is expected to end steadily, looking forward to FY25's growth acceleration
Forecast FY24's net profit of 2.23 billion yuan, up 21.3% year on year. We expect the company's FY24 (March 2023 to February 2024) revenue of 29.3 billion yuan, up 8.1% year on year; net profit to mother
An associated corporation of Anta Sports (02020.HK) received 27,200 additional shares by Wu Yonghua, worth approximately US$383,600
On April 30, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on April 30, Wu Yonghua increased his shareholding of 272,000 shares in Amer Sports, Inc. (02020.HK) $ with an average price of $14.0952 per share on April 24, worth about US$383,600. After the increase in holdings, Wu Yonghua's latest shareholding number of shares in the associated corporation was 27,200 shares, and the good position ratio increased from 0.00% to 0.01%. Photo Source: Stock Exchange Equity Disclosure What is equity disclosure? According to the requirements of the Hong Kong Stock Exchange, majority shareholders (holding 5% or more of shares)
Li Ning (2331.HK): The flow is in line with expectations, H1 is expected to be under pressure
The incident described that the company released 2024Q1 traffic data. Q1 omni-channel traffic (excluding Li Ning Young) increased by a lower number of units year-on-year, which was basically in line with expectations. Among them, direct-business/wholesale/e-commerce channel traffic increased by unit volume year-on-year
Li Ning (2331.HK): Growth momentum is not as strong as competitors' valuations have weakened; downgraded to “hold”
Since the release of 1Q24 operating data on April 22, Li Ning's stock price has accumulated a cumulative increase of more than 20%. We judge that this round of sharp rise is mainly due to the short-term return of foreign capital to the bottom. Despite the year-on-year improvement in retail discounts in 1Q24,
Express News | TEP Group signs comprehensive cooperation agreement with HUAWEI CLOUD
Net profit increased by 100% in Q1. Is there “mixed feelings” behind the low base effect of Yuyuan Group (00551)?
Since March, a sneaker foundry giant has quietly shown impressive gains. In less than 2 months, Yuyuan Group (00551) has risen from around HK$8 to over HK$14, an increase of nearly 200%, which has attracted a lot of attention from market capital. According to the news, Yuyuan Group recently announced that profit attributable to company owners will increase by about 95% to 100% year-on-year in the first quarter of 2024, compared to 50.8 million US dollars for the same period last year. The company pointed out that the increase in performance was mainly due to the gradual recovery of the global footwear industry and the normalization of orders, which led to an increase in capacity utilization and production efficiency, as well as a decrease
滔搏:董事會會議通告
Read the list of Hong Kong stocks in April | The list of Hong Kong stocks for April has been released! Shangtang rose by nearly 70%, and TCL Electronics recorded 13 consecutive rises
A number of auto stocks showed strong performance. Brilliance China and Great Wall Motor recorded increases of 64.1% and 33.33% respectively during the month. It is worth noting that the former's stock price has doubled and surged since this year.
Trends in China (03818.HK): 4QFY24 turnover falls year-on-year due to high base
Company News The company announced the 4QFY24 (January-March 2024) business situation: retail sales of the Kappa brand fell 10-20% year-on-year, and same-store sales fell by a high number of units over the same period last year. As of the end of March, Kapp