Lyon raises Adventech's target price to HKD 63 and expects steady performance in the first half of the year.

According to a research report released by Lyon, Sunny Optical Technology (2382.HK) had a stable performance in the shipment of its main mobile phone and automotive products in the first half of this year. At the same time, its product mix and gross margin in the camera module business, which is highly sensitive to profitability, have also improved. Lyon expects the company's mid-term performance to be stable and predicts that it will issue a profit warning. The bank predicts that Sunny's net profit in the mid-term will reach 1.03 billion yuan. The bank also expects Sunny's future profitability to continue to recover, raises its performance forecast, and raises its target price from HKD 57 to HKD 63, reiterating a rating of outperforming the market.

Gelonghui Finance18minutes ago

Sunny Optical Technology (02382) rose nearly 4% in the Hong Kong stock market. Its June shipments met the expectations and institutions are bullish on the company's performance in the first half of the year.

Sunny Optical Technology (02382) rose by nearly 4%, as of the time of publication, it rose by 3.84%, to HK$50.05, with a turnover of HK$0.412 billion.

Zhitong Finance22:47 ET

Citigroup reaffirmed sunny optical (02382) with a "outperform" rating and raised the target price to HKD 63.

Zhongxin Lian and released a research report reiterating the "outperform" rating of Sunny Optical Technology (02382), expecting profits to continue to recover, and raising the target price by 11% to HKD 63. The report stated that the performance of Sunny Optical Technology in the first half of this year was stable. The shipment volume of its main mobile phone and automobile products remained stable. More importantly, the product structure and gross margin of its profit-sensitive mobile camera module business have improved. The bank expects a net income of RMB 1.03 billion in six months.

Zhitong Finance22:08 ET

Northeast Securities: Foreign capital dominates the main market of electronic measuring instruments. There is hope for accelerating the localization of technology.

In recent years, the technological strength of domestic enterprises has been continuously improved. Coupled with frequent government support policies, domestic manufacturers' market share is expected to steadily increase. The booming development of industries such as 5G, internet of things, new infrastructure, and consumer electronics will bring stable demand growth for electronic measuring instruments.

Zhitong FinanceJul 10 22:19 ET

China International Capital Corporation: Can Hong Kong's mobile phone chain maintain stability and achieve unexpected feats in the era of Apple's AI?

In the era of edge AI, Apple enters the field of edge AI innovation, which is expected to drive interaction innovation, function upgrades/appearance changes, and closed-source ecology resonance. Android manufacturers may follow suit, and from 2H24 to 2025, Apple and Android industry chains may enjoy mutual prosperity. Hong Kong stock mobile phone chain is expected to deeply participate in the wave of innovation.

Zhitong FinanceJul 10 04:16 ET

Special guest influencer Ye Shangzhi: Hong Kong stocks stabilized after the shock, but the short-selling ratio is still high.

On July 9th, after two consecutive days of decline, the Hang Seng Index shook and stabilized, but the overall cautious and wait-and-see atmosphere could not be dispersed. The latest CPI inflation data from mainland China and the USA will be announced this week, and the Third Plenary Session of the Communist Party of China will also be held next week, which is believed to be the current focus of the market's observation. The Hang Seng Index has fallen for three consecutive days but by less than 1 point, and continues to close at the level of 17500 points, while the total trading volume has rebounded to over 90 billion yuan, but is still lower than the daily average of 109.8 billion yuan this year, and the market liquidity remains sluggish. In terms of trends, the Hang Seng Index is still in a mode of running below one wave since mid-May.

金吾財訊Jul 9 23:20 ET