02313 SHENZHOU INTL
- 61.900
- -0.300-0.48%
SHENZHOU INTL News
Are Investors Undervaluing Shenzhou International Group Holdings Limited (HKG:2313) By 40%?
Shenzhou International Names Presidents, Co-CEOs
Shenzhou International Group Holdings Limited unsponsored ADR (02313.HK) received a shareholding of 2.1068 million shares from JPMorgan.
According to the latest equity disclosure information from the Stock Exchange of Hong Kong, on July 24, 2024, Shenzhou International Group Holdings Limited unsponsored adr (02313.HK) received JPMorgan Chase & Co.'s shareholding increase of 2.1068 million shares at an average price of HKD 67.7579 per share, involving about HKD 0.143 billion. After the increase, JPMorgan Chase & Co.'s latest holding of outstanding shares increased to 77.2404 million shares, and the percentage of outstanding shares held increased from 4.99% to 5.13%.
Shenzhou International Group Holdings Limited unsponsored ADR has appointed Ma Renhe as President and Co-CEO.
On July 29th, Guolong announced that Mr. Huang Guanlin, the executive director and general manager, was appointed as the president of the company and was transferred to co-CEO, effective from August 1, 2024. He will be mainly responsible for the operation of the group's business. He will remain as the executive director of the company. Mr. Ma Renhe, also an executive director, was appointed as the president and co-CEO of the company, effective from August 1, 2024. He will mainly be responsible for expanding the group's overseas business, emphasizing the production layout and strengthening the management of overseas factories. He will remain as the executive director of the company.
Express News | Shenzhou International - Renhe Ma Appointed as President and Co-CEO
Express News | Shenzhou International - Guanlin Huang Is Appointed as President and Re-Designated as Co-Chief Executive Officer
CMB International: Maintains Shenzhou International Group Holdings Limited Unsponsored ADR's "Outperform" rating and raises target price to HKD 97.
CICC expects that Shenzhou International Group Holdings Limited unsponsored adr's core profit will grow by 26% this year.
China Construction Bank International: Maintains Outperform rating for China Zhongshi International (02313), target price increased to HKD 97.
Jianyin International expects Core profit of Zhongzhou International (02313) to increase by 26% year-on-year in 2024.
Shenzhou International Group Holdings Limited unsponsored adr (02313.HK) plans to hold a board of directors meeting on August 28 to approve the mid-term performance.
Shenzhou International Group Holdings Limited unsponsored ADR (02313.HK) announced that the Board of Directors' meeting will be held at 10:30 a.m. on Wednesday, August 28, 2024, to approve the company and its subsidiaries' interim performance ending on June 30, 2024, and to consider the distribution of interim dividends (if any).
SHENZHOU INTL: Date of Board Meeting
Bank of America Securities: Maintains a "buy" rating on Shenzhou International Group Holdings Limited unsponsored adr (02313) with a target price of HKD 93.5.
Bank of America Securities predicts that Shenzhou International Group Holdings Limited unsponsored adr (02313) will recover its gross margin to over 28% in the first half of this year, and will recover to 30% at some point in the second half of this year.
Ping An Securities: The period of reversing the repair of the sports outdoor track, suggest focusing on two investment themes.
Ping An Securities recommends allocating high-quality core assets in the sports and outdoor racing track, especially leading hakuba stocks with bottom reversal difficulties.
Caitong Securities first issued a 'shareholding' rating on Shenzhou International Group Holdings Limited unsponsored ADR (02313), indicating its leading position is stable and its net profit is expected to grow strongly in the next three years.
Caitong Securities issued a research indicating that shenzhou international group holdings limited unsponsored adr is one of the largest vertically integrated knitwear manufacturers in the world, offering knitted sportswear, leisure outfits and lingerie. The company has established solid partnership with well-known domestic and foreign clients, including NIKE, ADIDAS, PUMA for sports brands and UNIQLO for leisure brands. Its products are sold in China, Japan, Asia-Pacific and European and American markets. From 2014 to 2023, the company's revenue and net income attributable to the parent company achieved a CAGR of 9.4% and 9.2% respectively, realizing long-term growth.
What Is Shenzhou International Group Holdings Limited's (HKG:2313) Share Price Doing?
Citigroup: Reaffirms 'buy' rating for Shenzhou International Group Holdings Limited unsponsored ADR (02313), with a target price of HKD 108.
Zhengzhou International (02313) buy rating is reiterated by Citigroup with a target price of HKD 108, according to the research report released by Citigroup.
Shenzhou International Group Holdings Limited unsponsored ADR (02313.HK) experienced a shareholding reduction of 1.0781 million shares by Schroders PLC.
According to the latest equity disclosure information from the Stock Exchange of Hong Kong, on July 4th, 2024, shenzhou international group holdings limited unsponsored adr (02313.HK) was reduced by Schroders PLC on the exchange at an average price of HKD 74.4521 per share, with a total of 1.0781 million shares reduced and a total involved capital of about HKD 80.2668 million. After the reduction, the latest shareholding of Schroders PLC was 104,624,480 shares, and the shareholding ratio decreased from 7.03% to 6.96%.
Hong Kong stock abnormality | Shenzhou International Group Holdings Limited unsponsored ADR (02313) fell nearly 4% due to core customer Nike's downward revision of the new year's performance guidance. Overall demand for sportswear was still weak in June.
Zhitong Finance APP learned that Shenzhou International Group Holdings Limited unsponsored adr (02313) fell nearly 4%. As of press time, it fell 3.79% to HKD 73.55, with a turnover of HKD 293 million. In terms of news, Nike recently released its Q4 and full-year financial report for fiscal year 2024. The financial report shows that Q4 for fiscal year 2024 has a revenue of USD 12.61 billion, a year-on-year decrease of 2%, lower than the expected USD 12.84 billion. In addition, Nike also expects revenue in Q1 of fiscal year 2025 to decrease by about 10%, while the market expects a decrease of 3.2%. It is reported that Nike is Shenzhou International's largest customer, accounting for 31.1% of its business. Citigroup issued a statement stating that the
Earnings Tell The Story For Shenzhou International Group Holdings Limited (HKG:2313)
Special subscription V: Ye Shangzhi: China Special Estimate is still the market's preferred choice.
Jinwu Financial News | On July 2, the performance of Hong Kong stocks fluctuated and stabilized on the first trading day of the second half of the year. There are signs of capital reallocation and deployment, which probably stimulated a recovery in market volume. The Hang Seng Index rose 50 points, closing at 17,700 points for the third day in a row, while market turnover also rebounded to close to 120 billion yuan, up from an average of 110.4 billion yuan per day during the year. Around the July 1st anniversary, in addition to announcing an increase in tax exemptions for mainland visitors to Hong Kong, the Mainland also announced the issuance of card-type documents similar to “homecoming permits” to Hong Kong permanent residents who are not Chinese nationals. While measures to benefit Hong Kong continue to be introduced
Hong Kong stock market fluctuation | Shenzhou International Group Holdings Limited Unsponsored ADR (02313) fell by more than 4% again as its core client Nike lowered its full-year performance guidance. Citigroup still has confidence in the company's perfo
Shenzhou International Group Holdings Limited unsponsored adr (02313) continued to drop by over 4%. As of the time of writing, it fell by 4.32% to HKD 73.15, with a turnover of HKD 249 million.
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