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HAITONG INT'L: Initiates coverage of KINGSOFT with an “Outperform” rating and a Target Price of HKD 46.85.
HAITONG INT'L published a research report stating that it is initiating coverage on KINGSOFT (03888) with an "outperform" rating, expecting revenue from 2024 to 2026 to be 10.192 billion, 12.271 billion, and 14.829 billion yuan respectively, with year-on-year growth rates of 19.4%, 20.4%, and 20.8%; net income attributable to the parent company is expected to be 0.873 billion, 1.645 billion, and 2.335 billion yuan respectively, with year-on-year growth rates of 80.5%, 88.5%, and 41.9%; earnings per share are projected to be 0.65, 1.23, and 1.75 yuan, with a target price of 46.85 HKD. The report states
Zhaoyin International: The National Development and Reform Commission announced the expansion of the national subsidy program categories, and XIAOMI-W (01810) and others will benefit.
CMB International believes that the announcement of the national subsidy will encourage Other provinces to accelerate the implementation of policies, which will boost the overall demand for Smart Phone replacements in the short term.
Lyon: The national mobile phone subsidies have officially launched as expected, with a preference for XIAOMI-W (01810), AAC TECH (02018), and others.
Lyon's top picks are XIAOMI-W (01810), BYD Electronic (00285), AAC TECH (02018), and SUNNY OPTICAL (02382), all rated as "outperform the market."
[Brokerage Focus] CMB International's Outlook on CES 2025: AI Remains a Key Theme.
Jinwu Financial News | China Merchants International stated that the 2025 Consumer Electronics Show (CES) will be held from January 7 to 10 in Las Vegas, USA. The bank believes that AI will still be the hottest topic this year. Although AI was ubiquitous at the 2024 International Consumer Electronics Show, the bank expects more AI devices that can be applied in real life in 2025, including AI glasses, Smart Home products, and wearable devices. Regarding automotive technology, the bank looks forward to the latest technologies such as smart cockpits, displays, and more electric vehicle prototypes. In addition, Satellite communications, personal computers, AR/VR, and machines.
Market Chatter: Xiaomi to Open Auto Plant to Public For Visits
Hong Kong stock Concept tracking | National policy will implement subsidies for purchasing new digital products such as mobile phones. Institutions expect a significant increase in mobile phone sales in the first half of the year (including related stocks
In the third quarter of 2024, the sales of Smart Phones in China increased by 3.2% year-on-year to 68.78 million units, maintaining year-on-year growth for four consecutive quarters.
