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Hang Seng Index Limited launched the Hang Seng High Dividend Stock 30 Index.
Hang Seng Index Company today launched the Hang Seng High Dividend Yield 30 Index.
[Brokerage Focus] HAITONG SEC maintains a "Buy" rating on U-PRESID CHINA (00220) and expects its Beverage and Food Business to continue to improve.
Jinwu Financial News | HAITONG SEC pointed out that on March 5, U-PRESID CHINA (00220) disclosed its 2024 year-end performance announcement, reporting a main operating income of 30.332 billion yuan (YOY 6.1%) and a net income attributable to the parent of 1.849 billion yuan (YOY 10.9%). In addition, the company announced a dividend of approximately 1.849 billion yuan (corresponding to a dividend payout ratio of 100%). The firm noted that in 2024, the company's beverage business achieved 19.241 billion yuan (YOY 8.2%), and since 2020, the company's beverage revenue has had a compound annual growth rate of 11.25%. Furthermore, in 2024, the net income of the beverage segment...
U-PRESID CHINA (00220) rose by 3.28%. Institutions indicate that the product premiumization and differentiation strategy is expected to drive continuous improvement in profit margins.
Jinwu Finance | U-PRESID CHINA (00220) has shown a strong upward trend, up 3.28% as of the time of publication, priced at 9.13 HKD, with a trading volume of 71.1 million HKD. In terms of news, U-PRESID CHINA's total revenue for 2024 is projected to be 30.332 billion RMB (up 6.1% year-on-year), with a net income of 1.849 billion RMB (up 10.9% year-on-year). HSBC's analysis indicates that the company's beverage and instant noodle businesses have both improved their gross margin, with stable sales of sugar-free tea and steady growth in the instant noodle business, while the high-end and differentiated product strategy is expected to continue to drive improvements in profit margins. Bank of China International's report shows.
Citi: Maintains U-PRESID CHINA "outperform" rating and raises the Target Price to HKD 9.3.
Citi released a Research Reports stating that it maintains a "buy" rating for U-PRESID CHINA (00220), adjusting the Target Price from HKD 7.2 to HKD 9.3. The firm raised its earnings forecast for the stock for the next two years by 4% to 5%, and increased the valuation basis, raising the projected PE from 13 times to 16 times, to reflect higher growth expectations, and the market's growing interest in high-yield stocks amid insufficient confidence in the overall recovery of Consumer. Citi pointed out that U-PRESID CHINA's revenue and profits last year increased by 6% and 11% year-on-year, generally in line with its and market expectations. The company guidance this year indicates accelerated revenue growth compared to last year, and the firm believes that based on strong performance so far this year.
Express News | Uni-President China : HSBC Raises Target Price to HK$9.74 From HK$8.62
Uni-President China Holdings' (HKG:220) Returns Have Hit A Wall
II Wilson : Nice!