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A Piece Of The Puzzle Missing From YuanShengTai Dairy Farm Limited's (HKG:1431) 43% Share Price Climb
Institutional Gossip Selected Announcements (Hong Kong Stocks) | BABA-SW (09988.HK) plans to invest at least 380 billion yuan over the next three years to build Cloud Computing and AI infrastructure.
【Today's Focus】BABA-SW (09988.HK) plans to invest at least 380 billion yuan in the construction of Cloud Computing and AI infrastructure over the next three years. BABA-SW (09988.HK) announced that it plans to invest at least 380 billion yuan (53 billion USD) over the next three years in building Cloud Computing and AI infrastructure, further committed to long-term technological innovation, highlighting the company's focus on AI-driven growth and its position as a Global leading Cloud Computing provider. 【Major Events】Innovative Industry (02577.HK) has been included in the Hang Seng Composite Index components to reshape Energy.
YuanShengTai Dairy Farm Flags Profit for 2024
YST DAIRY (01431.HK) profit warning: it is expected that the net profit for 2024 will reach 0.27 billion to 0.32 billion yuan.
On February 24, GELONGHUI announced that YST DAIRY (01431.HK) expects that for the year ending December 31, 2024 ("this year"), the group will record a net profit between approximately RMB 0.27 billion to RMB 0.32 billion, compared to a net loss of approximately RMB 0.3397 billion for the year ended December 31, 2023 ("previous year"). The Board of Directors reached the above conclusion after considering the following main factors: (i) an increase in sales and a decrease in the cost of fodder for dairy cows, resulting in a higher gross profit compared to the previous year; and (ii) the changes in the fair value of biological assets this year reduced sales.
Express News | YuanShengTai Dairy Farm - Expected to Record Net Profit Ranging From RMB270 Mln to RMB320 Mln for Year
Debon Securities: Policies emphasize boosting Consumer and focus on the subsequent demand recovery.
The bank recommends focusing on leading companies in sectors that have strong control over upstream and downstream supply chains, channels, and products amid fundamental changes, as well as sectors where year-round profits are likely to exceed expectations due to cost advantages.
