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Calculating The Fair Value Of Chervon Holdings Limited (HKG:2285)
Citi: Assigns TECHTRONIC IND a "Buy" rating with a Target Price of 140 HKD.
Citi has released a research report stating a "Buy" rating for TECHTRONIC IND (00669), with a Target Price of 140 HKD. Stanley Agriculture Group (SWK) reported slightly better-than-expected results for Q4 2024, but the adjusted earnings per share guidance for 2025 was slightly below the general market expectations from VisibleAlpha. During the analyst conference call for SWK, management emphasized that price inflation and supply chain transformation largely offset the impact of related policies. The firm believes that the prices of TECHTRONIC IND may rationalize. In the Industry, Citi is most bullish on TECHTRONIC IND, followed by Hangzhou Great Star Industrial, then SWK, and finally Quan Feng Holdings (022.
[Brokerage Golden Stocks] Brokerages indicate that the upward trend of Hong Kong stocks remains strong and the list of golden stocks for February has been released (with list attached).
Jinwu Finance | Looking back at January, the Hong Kong stock market successfully outperformed the A-shares, with the Hang Seng Index rising 0.8% in January and the Hang Seng TECH Index rising 5.7%. In contrast, the SSE Composite Index fell 3% while the Chinext Price Index decreased by 3.6%. Moving to February, during the Spring Festival, Trump imposed a 25% tariff on Mexico and Canada and an additional 10% tariff on China, but then announced a one-month delay for the tariffs on Mexico on the evening of February 3. The unpredictability of the Trump administration's tariff policies has created uncertainty in the market. Since February, U.S. stocks have shown fluctuating performance, but the Hong Kong stocks have remained unaffected, with U.S. Treasury yields stabilizing and AI companies like DeepSeek emerging.
Home Appliances stocks started strong, HAIER SMARTHOME (06690) rose by 4.31%. Institutions anticipate that this year may become the year with the highest intensity of subsidies for Consumer products.
Jinwu Finance News | Home Appliances stocks are strong at the beginning of trading. As of the time of writing, Quan Feng Holdings (02285) is up 8.56%, HAIER SMARTHOME (06690) is up 4.31%, Midea Group Co., Ltd (00300) is up 3.59%, and HISENSE HA (00921) is up 2.21%. On the news front, on January 15, the General Office of the Ministry of Commerce and three other departments issued a notice regarding the implementation of the home appliance replacement program for 2025. The notice clarified the range of home appliances eligible for subsidies and the specific subsidy amounts. Among them, personal Consumers who purchase refrigerators, Washing Machines, Televisions, and other 12 types of home appliance products that meet level 2 or higher energy efficiency or water efficiency standards will receive subsidies.
Hong Kong stock movement | Quan Feng Holdings (02285) again rises over 8% as the company raises its revenue growth expectations, highlighting further value in the current valuation.
Quanfeng Holdings (02285) rose over 8% again, as of the time of writing, it increased by 8.56%, trading at 20.3 HKD, with a turnover of 10.4548 million HKD.
Hong Kong stocks closed (01.17) | The Hang Seng Index rose by 0.31%, the Semiconductors Sector performed strongly, Semiconductor Manufacturing International Corporation (00981) surged over 9%.
Today, significant economic data has been released, showing an annual GDP growth of 5%, with a substantial rebound in growth in the fourth quarter of last year. The three major indices of the Hong Kong stock market collectively surged during the session, with the Hang Seng Tech Index rising over 1%.
