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HAITONG SEC: Initiating coverage on Su Teng Ju Chuang (02498) with an "Outperform" rating and a Target Price of HKD 46.2.
HAITONG SEC expects Sutar Group's revenue to be 1.73/3.28/4.6 billion yuan in 2024-2026.
Announcement Highlights | In the first 11 months, SUNSHINE INS's original premium income exceeded 120 billion yuan; GCL TECH plans to allot up to 1.56 billion shares, net raising approximately 1.53 billion Hong Kong dollars.
In the first 11 months, SUNSHINE INS's original premium income exceeded 120 billion yuan; the major Shareholder of CHENGDU EXPWAY won a highway project worth over 10 billion yuan.
RoboSense Technology Raises HK$271 Million From Share Placement
Northern capital trends | Northern capital recorded a net Buy of 2.07 billion, domestic funds continue to chase high-dividend central state-owned enterprises, increasing holdings in CHINA MOBILE (00941) by nearly 0.6 billion Hong Kong dollars.
On December 18th in the Hong Kong stock market, northbound trading recorded a net Buy of 2.07 billion HKD, among which SH->HK Connect had a net Buy of 2.693 billion HKD, and SZ->HK Connect had a net Sell of 0.623 billion HKD.
Hong Kong stocks closed (12.18) | The Hang Seng Index rose by 0.83% as market cap management catalyzed the rise of special valuations, with Autos and Semiconductors both seeing gains.
Hong Kong stocks stopped falling and rebounded today, with the three major indices having a rapid increase in the afternoon. The Hang Seng Index and the National Index both rose more than 1%, while the Hang Seng Technology Index once increased by over 2%.
Hong Kong Stock Midday Review | Hang Seng Index rose 0.58% in the morning session, with the AI Sector continuing to lead the market.
The effects of the vehicle trade-in policy continue to be evident in November, and Institutions indicate that this policy is expected to continue next year.
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102385756 : They are just selling the shares they bought back in August. Super good business