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)
When close to half the companies in Hong Kong have price-to-earnings ratios (or "P/E's") below 9x, you may consider Shenzhou International Group Holdings Limited (HKG:2313) as a stock to avoid entirel
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.
HKEX Stocks | Shenzhou International Group Holdings Limited (02313) dropped more than 4% due to underperformance in revenue from its core customer Nike and a downgrade in full-year performance guidance.
Shenzhou International Group Holdings Limited unsponsored adr (02313) fell more than 4%, as of the time of publication, down 4.18%, reported 73.3 Hong Kong dollars, with a turnover of 48.7663 million Hong Kong dollars.
Some Investors May Be Worried About Shenzhou International Group Holdings' (HKG:2313) Returns On Capital
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside th
Hong Kong stocks are volatile: Shenzhou International Group Holdings Limited unsponsored ADR (02313) rose more than 3%, and Goldman Sachs is bullish about its order prospects and profit margin recovery, raising its earnings forecast and target price.
Shenzhou International Group Holdings Limited unsponsored adr (02313) rose more than 3%, as of press time, up 3.07%, at HKD 85.55, with a turnover of HKD 362 million.
Goldman Sachs has raised the target price of Shenzhou International Group Holdings Limited unsponsored ADR to HK$105 and reiterated the "buy" rating.
Goldman Sachs predicts that Shenzhou International Group Holdings Limited unsponsored ADR's sales volume will increase by 20% this year (previously estimated at 13%). However, due to the drag of product mix, the bank lowered its average selling price forecast by 4%.
Special guest Dengl Shengxing: Hang Seng Index continues its rebound in the sixth decile.
On Tuesday (4th), the Hang Seng Index closed at 18,444, up 41 points or 0.2%. The total daily turnover was 116.231 billion yuan. The national index rose 0.3% to 6,554, while the science and technology index rose 0.3% to 3,796. The blue-chip Meituan (03690) supported the market and rose 4.1% for the day, supporting a 41-point increase in the market; Tencent (00700) rose 0.6%; JD.com (09618) rose 0.3%; Shenzhou International Group Holdings (02313), which was kicked off Goldman Sachs' conviction buy list the previous day, rose sharply by7.6%, and it was the best-performing blue-chip; Alibaba (09988) fell 0.3%, with HSBC Holdings Plc.
Shenzhou International Group Holdings Limited Unsponsored ADR To Go Ex-Dividend On June 6th, 2024 With 0.13805 USD Dividend Per Share
June 5th - $Shenzhou International Group Holdings Limited Unsponsored ADR(SHZHY.US)$ is trading ex-dividend on June 6th, 2024. Shareholders of record on June 6th, 2024 will receive 0.13805 USD div
Goldman Sachs: Includes Anta Sports and HKEx on the Asia-Pacific conviction buy list.
Goldman Sachs released a research report that includes Anta Sports (02020) and Hong Kong Exchanges and Clearing Limited (00388) in its Asia-Pacific Buy list, and removed Shenzhou International Group Holdings Limited unsponsored ADR (02313).
SHENZHOU INTL To Go Ex-Dividend On June 5th, 2024 With 1.08 HKD Dividend Per Share
May 28th - $SHENZHOU INTL(02313.HK)$ is trading ex-dividend on June 5th, 2024. Shareholders of record on June 6th, 2024 will receive 1.08 HKD dividend per share on June 20th, 2024. The ex-dividend
Shenzhou International (02313): Final dividend will be paid on June 20
Shenzhou International (02313) issued an announcement. Regarding Resolution No. 2, the final dividend will be on June 20, 2024...
SHENZHOU INTL: POLL RESULTS OF ANNUAL GENERAL MEETINGHELD ON 28 MAY 2024 AND PAYMENT OF FINAL DIVIDEND
Hong Kong Stock Concept Tracking | Sports footwear industry's booming circuit trend continues, institutions focus on left-hand opportunities for sports and menswear brands (with concept stocks)
According to Euromonitor's forecast, in 2023-2028, the global sports footwear market is expected to grow from US$395.5 billion to US$544 billion, with a compound growth rate of 7%, faster than consumer industries such as personal accessories, beauty and personal care, and home appliances.
Macquarie: The target price for Shenzhou International (02313)'s “Outperform the Market” rating was raised to HK$91
Macquarie raised Shenzhou International's (02313) earnings estimates for the 2024-25 fiscal year by 2% each.
Shareholders May Be Wary Of Increasing Shenzhou International Group Holdings Limited's (HKG:2313) CEO Compensation Package
Key Insights Shenzhou International Group Holdings will host its Annual General Meeting on 28th of May Salary of CN¥4.38m is part of CEO Guanlin Huang's total remuneration Total compensation is si
Shenzhou International Group Holdings' (HKG:2313) Earnings Have Declined Over Three Years, Contributing to Shareholders 48% Loss
It is a pleasure to report that the Shenzhou International Group Holdings Limited (HKG:2313) is up 34% in the last quarter. But that cannot eclipse the less-than-impressive returns over the last th
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