Big Bank Ratings|Damo: The railway business recorded a strong recovery in the “gain” rating for Shidai Electric
Glonghui, April 28 | Morgan Stanley published a research report stating that Times Electric's railway business recorded a strong recovery in the first quarter of this year, and the expansion of gross margin supported the steady growth of the company's net profit. According to the bank, Times Electric's bidding situation in the second quarter of this year will be the key to its continued growth. Although the company's emerging business performance in the first quarter fell slightly short of Damo's expectations, the bank remained constructive about the company's long-term growth potential. Damo also anticipates that Times Electric's railway equipment business this year will grow steadily during the industrial upgrade cycle. At the same time, it is expected that the growth of emerging businesses should slow down, but on a yearly basis
Minsheng Securities released a research report on April 28 stating that it gave ZTE (000063.SZ) a recommended rating. The main reasons for the rating include: 1) performance has maintained steady growth, and government, enterprise and consumer businesses
Minsheng Securities released a research report on April 28 stating that it gave ZTE (000063.SZ) a recommended rating. The main reasons for the rating include: 1) performance has maintained steady growth, and government, enterprise and consumer businesses have returned to a rapid growth trajectory; 2) continuous optimization of operations and a year-on-month increase in net interest rates; 3) the connectivity sector, which continues to empower 5G-A/all-optical network/6G; and 4) the computing power sector to enhance the ability to provide full-stack solutions. (Mainichi Keizai Shimbun)
IDC: In the second half of 2023, China's IT service market increased 4.6% year-on-year to reach 148.74 billion yuan
In terms of the overall share of the IT service market in China, the operator camp accounts for 76.2%, Huawei accounts for 10.3%, and Lenovo (00992) accounts for 4.0%.
Express News | Tencent's PR Director Responds to WeChat's Withdrawal with Reminder: Guarantee the Accuracy of Delivery
Minsheng Securities released a research report on April 27 stating that it gave Yankuang Energy (600188.SH) a recommended rating. The main reasons for the rating include: 1) price increase and decrease in coal business volume and decline in gross profit;
Minsheng Securities released a research report on April 27 stating that it gave Yankuang Energy (600188.SH) a recommended rating. The main reasons for the rating include: 1) price increase and decrease in coal business volume and decline in gross profit; 2) increase in profits in the chemical business; 3) slight increase in profit in the power business; 4) in 2024, the company strives to “increase by two, reduce, and increase by four. (Mainichi Keizai Shimbun)
Minsheng Securities released a research report on April 27 stating that it gave China Shenhua (601088.SH) a recommended rating. The main reasons for the rating include: 1) a year-on-year increase in non-recurrent losses due to donation expenses; 2) a year
Minsheng Securities released a research report on April 27 stating that it gave China Shenhua (601088.SH) a recommended rating. The main reasons for the rating include: 1) a year-on-year increase in non-recurrent losses due to donation expenses; 2) a year-on-year increase in coal production and sales; a year-on-year increase in the sales price combined with a decline in gross margin; 3) a year-on-year increase in the installed scale of power generation, a year-on-year increase in the sales volume and gross margin; 4) a year-on-year increase in profits in the transportation sector; 5) the volume and price of olefin products decreased year-on-year. (Mainichi Keizai Shimbun)