No Data
No Data
First Shanghai: Buy rating for Yuexue Education (03978) with a target price of 5.6 Hong Kong dollars.
first shanghai expects outstanding education (03978) income forecast to reach 1.091/1.952/2.449 billion yuan for the years 2024-2026.
Gift Holdings Launches First Shanghai Store
FIRST SHANGHAI: INTERIM REPORT 2024
[Brokerage Focus] First Shanghai rates Zhaojin Mining (01818) as a buy, pointing out the significant potential for increased reserves and production of its offshore gold mines.
Jingu Finance News | First Shanghai issued a research report, in the first half of 2024, Zhaojin Mining (01818) achieved total revenue of 4.627 billion RMB, a year-on-year increase of 34.24%; achieved a net income attributable to the mother of 0.553 billion RMB, a year-on-year increase of 118.62%. The company's revenue growth is mainly attributed to the increase in mineral gold production and the impact of the rising gold price. With the expectation of a rate cut by the Federal Reserve and continuous purchases of gold by central banks around the world, the price of gold continued to rise in the first half of the year. The future gold price is expected to remain at a high level, providing a stable guarantee for the company's performance. The company completed the acquisition of TieTuo in the first half of the year.
[Brokerage Focus] First Shanghai maintains a buy rating on China Shenhua Energy (01088), indicating that the inclusion of state-owned enterprise market cap management in the evaluation will help boost the company's valuation.
Jingu Finance News | First Shanghai Research Institute pointed out that China Shenhua Energy (01088) achieved revenue of 168.1 billion yuan in the first half of 2024, a year-on-year decrease of 0.8%; achieved a net income attributable to the parent company of 32.8 billion yuan, a year-on-year decrease of 11.1%. Operating cash net inflow was 52.7 billion yuan, an increase of 13.6% year-on-year; of which the second quarter achieved revenue of 80.4 billion yuan, a decrease of 2.4% year-on-year, and achieved a net income attributable to the parent company of 15 billion yuan, a decrease of 7.2%. The bank pointed out that the company's coal business in the first half of the year achieved a production of 163 million tons, an increase of 1.6% year-on-year; sales volume reached 230 million tons, an increase of 5.4%; its
First Shanghai: Zijin Mining Group (03939) introduced strategic investors from Wanguo Gold Group to accelerate the business transformation of its subsidiary.
Wanguo Gold Group will gradually enter a new stage with gold mining and processing business as the main focus.
No Data
No Data