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Hong Kong stocks movement | Master Kong (00322) rises more than 4%, Institutions expect the company's profit margin in the second half of 2024 to increase year-on-year, possibly better than expected.
Master Kong (00322) rose over 4%, as of the time of writing, it increased by 3.61%, priced at 10.34 Hong Kong dollars, with a transaction volume of 18.0347 million Hong Kong dollars.
We Think Tingyi (Cayman Islands) Holding (HKG:322) Might Have The DNA Of A Multi-Bagger
CICC: Maintain TINGYI (00322) "Outperform Industry" rating with a Target Price of 12 Hong Kong dollars.
CICC expects Master Kong's revenue in 2024 to be 80.7 billion yuan, +0.3% year-on-year, with a net income of 3.6 billion yuan, +15.5% year-on-year. Excluding one-time asset activation gains, the year-on-year growth rate of net income surpasses 20%.
Global food prices have rebounded for the first time in three years, potentially increasing the burden on consumers.
The rebound in Global food prices may raise Consumer grocery spending costs this year.
Express News | China ZhengTong Auto Services - Zeng Tingyi Resigned as Executive Director
The Three-year Loss for Tingyi (Cayman Islands) Holding (HKG:322) Shareholders Likely Driven by Its Shrinking Earnings
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