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Market Chatter: China Renews Registrations for US Pork, Poultry Exporters
WH GROUP (00288.HK) will release its Earnings Reports on March 25.
$WH GROUP (00288.HK) will release its Earnings Reports on March 25, investors please pay attention. Futubull reminds: 1. There are no rigid regulations on the accounting year division for companies listed on the Hong Kong and US stock markets; it is completely decided by the enterprises themselves. Therefore, each financial report period can serve as the cut-off date for the annual report, rather than being based on the natural year as the fiscal year. 2. Generally, companies will hold an earnings report meeting on or around the date of the earnings report release, during which the company's management will discuss and explain the latest quarterly earnings report data and operational status, communicating with investors, analysts, media, etc. Investors.
Express News | Smithfield Foods Believes China Will Remain the Best Market for US Offal Products Even With Increased Tariffs, CEO Shane Smith Says at Investor Event
Bank of America Securities: Maintain WH GROUP's "Buy" rating and raise Target Price to HKD 8.3.
Bank of America Securities released a Research Report stating that it maintains a "Buy" rating on WH GROUP (00288), with the Target Price raised from 6 HKD to 8.3 HKD. The firm noted that after WH GROUP spun off the Pork producer Smithfield Foods (SFD.US) and returned to the USA stock market, it raised WH GROUP’s earnings per share forecasts for 2024 and 2025 by 9% and 7%, respectively. The report mentioned that the listing of Smithfield Foods helps to unlock potential value. WH GROUP's fundamentals improved steadily in the first three quarters of last year, and it is expected to continue in the fourth quarter and this year, partly due to the recovery of upstream operations. Additionally, the firm pointed out that WH GROUP's normalized dividend yield is over 5%, while it is still...
[New Stock IPO] It is reported that Muyuan Foods is considering a second listing in Hong Kong, raising at least 1 billion US dollars.
Jinwu Financial News | According to media reports, Muyuan Foods (002714), one of the largest pig breeding and pork production companies in the Global market, is considering a secondary listing in Hong Kong to raise at least 1 billion US dollars. Sources say that Muyuan Foods is seeking to hire Banks to prepare for a potential stock offering as early as this year, and related reviews are currently underway, with details such as listing scale and timing still subject to change. It is reported that Muyuan was founded in 1992 and listed on the Shenzhen Stock Exchange in 2014. Previously, Muyuan Foods announced its performance forecast for 2024, expecting a Net income of 18 billion yuan–1.
Express News | Canada Suspends Imports From Smithfield Foods Pork Plant in Tar Heel, North Carolina, Usda Website Shows
