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＜Research＞BofAS Elevates GWMOTOR (02333.HK) TP to $16.9; Overseas Biz, 'Tank' Brand are Key Profit Drivers
GWMOTOR (02333.HK)'s 1Q24 results were strong, mainly driven by the improvement in product structure and sales growth in overseas markets, in whic...
AASTOCKS
＜Research＞Citi Reduces TP of Baidu (BIDU.US) to US$170; Gen AI Brings Incremental Rev. but Search Ads Still Weak
Citi Research noted in a report that BIDU-SW (09888.HK) (BIDU.US)'s 1Q24 results are in line with the broker's expectations, with total revenu...
AASTOCKS
＜Research＞HSBC Global Research Adds TP of JD-SW (09618.HK) to $160; Earnings Growth Certainty Improved
HSBC Global Research wrote in a research note that JD-SW (09618.HK) (JD.US)'s 1Q24 results have exceeded expectations, demonstrating that the grou...
AASTOCKS
＜Research＞UBS Trims TP of Baidu (BIDU.US) to US$165; Margin Beats but Ads Outlook Weak
UBS noted in a report that Baidu (BIDU.US)'s 1Q24 results have beaten market forecasts, with core revenue reaching RMB23.8 billion, beating by 0.7...
AASTOCKS
＜Research＞UBS Lifts TP of JD-SW (09618.HK) to HK$156; 1Q24 Results Beat
UBS noted in a report that JD-SW (09618.HK)'s 1Q24 results have beaten expectations. Revenue elevated 7% YoY, in line with expectations. Adjusted ...
AASTOCKS
＜Research＞HSBC Global Research Ratings, TPs on CN Developers (Table)
Shares | Ratings | Target prices (HK$ unless specified) AGILE GROUP (03383.HK) | Underweight | 0.5 C&D INTL GROUP (01908.HK) | Buy | 19....
AASTOCKS
＜Research＞Daiwa Elevates JD-SW (09618.HK) TP to $157; 1Q Margins Better than Expected
JD-SW (09618.HK)'s 1Q24 earnings have beaten market forecasts by 21%, mainly due to higher-than-expected gross margins and operating margins at JD...
AASTOCKS
＜Research＞BOCI Raises Baidu (BIDU.US) TP to US$169.87; AI Propels Continued Growth
BOCI highlighted in a report that Baidu (BIDU.US)'s 1Q24 earnings grew 22% YoY, beating market expectations by 27.4%, while revenue rose 1% YoY, i...
AASTOCKS
＜Research＞BOCI Adds JD.com (JD.US) TP to US$41.9; 1Q24 Earnings Beat
BOCI highlighted in a report that JD.com (JD.US)'s 1Q24 earnings rose 17.2% YoY, beating market expectations by 20.1%, as growth in FMCG resumed a...
AASTOCKS
＜Research＞CLSA Ratings, TPs on CN Infrastructure & Cement Stocks (Table)
Stock | Rating | TP (HK$) CHINA STATE CON(03311.HK) | Buy | 10.6 -＞ 12 CNBM(03323.HK) | Buy | 5.4 -＞ 4 CR BLDG MAT TEC(0131...
AASTOCKS
＜Research＞Daiwa Slashes BIDU-SW (09888.HK) TP to $142 as Macro Headwinds Continue
BIDU-SW (09888.HK)'s 1FQ24 non-GAAP earnings beat market consensus by 20%, mainly due to the Company's better-than-expected core gross margin ...
AASTOCKS
＜Research＞CICC Adds JD.com (JD.US) TP to US$41; Supermarket & Advertising Revenues Recover
CICC reported that JD.com (JD.US)'s supermarket and advertising revenues recovered in 1Q24, while its non-GAAP net profit lifted 17.2% YoY to RMB8...
AASTOCKS
＜Research＞CLSA Adjusts TPs on CHINA STATE CON, CNBM, CR BLDG MAT TEC, CONCH CEMENT
CLSA released a research report expecting infrastructure to remain the main driver of China's economic growth target in 2024. Therefore, CLSA fore...
AASTOCKS
＜Research＞BOCOMI: BABA-SW E-commerce GMV Growth Picks up w/ Effective ST Investment
BABA-SW (09988.HK)'s 4FQ24 total revenue grew 7% YoY, broadly in line with the expectations of BOCOMI and the market, BOCOMI issued a research rep...
AASTOCKS
＜Research＞BOCOMI Elevates TENCENT (00700.HK) TP to $457 as Game Resumes Growth
TENCENT (00700.HK)'s 1Q24 total revenue amounted to RMB159.5 billion, up 6% YoY and 3% QoQ, in line with the expectations of BOCOMI and the market...
AASTOCKS
BIDU-SW (09888.HK) Once Lifts 5% in Early Session After 1Q Results Beat
BIDU-SW (09888.HK) opened up 3.23% today after reporting better-than-expected results for 1Q24. After hiking 5% to the peak of $114, a high since mid-...
AASTOCKS
Hong Kong stocks extend gains at open
Hong Kong stocks opened with more gains on Friday morning as investors brushed off losses on Wall Street and focused on possible US interest rate cuts...
RTHK·HK
BABA-SW Invests in DeepRoute.ai, Saying Smart Cars Are Key to Unlock Physical World's AGI
Smart cars are the first robots made by human that reaches a data volume of 10,000,000, and are expected to become the key for unlocking the physical ...
AASTOCKS
HKADR Projects HSI to Open Up 61 pts to 19,438
ADR Code│Relative price (HKD)│Premium of HK stocks vs ADR (%) CKHUY.NASD OTHER│41.784│0.04% CLPHY.NASD OTHER│67.479│-1.08% HOKCY.NASD OTH...
AASTOCKS
Report: CN Various Ministries Jointly Set up Working Group, Prepares to Launch Major Property Initiatives
Pursuant to the information from the State Council Information Office, at 4:00 pm today, the heads of various ministries like the Ministry of Housing ...
AASTOCKSDow closes above 40,000 for first time, stocks mixed
RTHK·HKStock market today: US futures tread water with Dow poised for another bid for 40,000
yahoo.comHKD864.8M Southbound Trading Net Inflow to TENCENT
AASTOCKS＜CN Home＞CN New Real Estate Development Loans RMB963.6B, New Personal Mortgage Loans RMB1.3T in 1Q24
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