[Brokerage Focus] Goldman Sachs: China’s subsidy policy for the Smart Phone Industry supports growth, paying attention to related supply chain companies.

Jinwu Finance | Goldman Sachs released a research report on China's Smart Phone industry on January 4, 2025. The report pointed out that the National Development and Reform Commission of China announced on January 3 that it will expand the scope of national subsidies in 2025 to cover Smart Phones, tablets, and smartwatches. Previously, local governments had already launched Smart Phone subsidy policies ranging from 10% to 20% in 2024. Goldman Sachs expects that national subsidies will cover more Consumers, thereby boosting recent market demand, although the long-term product cycle still relies on technological upgrades (such as 6G in 2030) or design changes (such as foldable Smart Phones).

Jinwu Financial NewsJan 6 23:21 ET

Why We're Not Concerned About Chinasoft International Limited's (HKG:354) Share Price

Simply Wall StJan 2 17:51 ET

Chinasoft International (HKG:354) Seems To Use Debt Rather Sparingly

Simply Wall StDec 17, 2024 22:20 ET

[Brokerage Focus] FIRST SHANGHAI maintains a Buy rating on Chinasoft International (00354) and is Bullish on the company's impact and layout in the Asia Vets Business.

Goldwings Financial News | FIRST SHANGHAI's research report indicates that in the first half of 2024, ChinaSoft International (00354) achieved revenue of 7.926 billion yuan, a year-on-year decline of 6.2%; this was mainly due to decreased demand from core major client businesses. The revenue from the Asia Vets business was 3.368 billion yuan, a year-on-year increase of 2%; the net income attributable to the parent company was 0.286 billion yuan, a year-on-year decrease of 18.6%. The gross margin fell year-on-year to 23.1%, mainly due to macroeconomic factors influencing major client pricing business. From 2023 to 2024, the company continued to conduct multiple share buybacks, cumulatively repurchasing and canceling nearly 0.26 billion shares.

Jingwu Financial NewsDec 16, 2024 21:32 ET

Hong Kong stock concept tracking | The reservation number for the Huawei Mate 70 series has exceeded 6.7 million units, and the HarmonyOS ecosystem continues to expand incrementally (attached concept stocks).

Huawei's terminal sales have rebounded, HarmonyOS has become the second-largest operating system in the country, accelerating the expansion of the HarmonyOS ecosystem.

Zhitong FinanceDec 10, 2024 00:09 ET

Investors Could Be Concerned With Chinasoft International's (HKG:354) Returns On Capital

Simply Wall StDec 4, 2024 17:44 ET