No Data
No Data
HK stocks fluctuate | Suteng Juchuang (02498) rose more than 10%, with ADAS sales in the first half of the year nearly five times higher, and the continuous growth of lidar is expected to drive autonomous driving.
Suteng Juchuang (02498) rose more than 10%. As of press time, it rose 10.1% to HKD 18.32, with a turnover of 70.5727 million Hong Kong dollars.
Hong Kong stocks skyrocket | Sutengjuchuang (02498) rose more than 8% in the afternoon, and sales of car-mounted lidars in the first half of the year nearly quintupled. Institutions stated that the group is expected to turn losses into profits.
Swiitronics Holdings (02498) rose by more than 8% in the afternoon. As of the time of publication, it rose by 5.87% to HKD 15.14, with a turnover of HKD 44.8308 million.
Tianfeng Securities is bullish on the recovery of passive component demand and the increase in AI demand.
In the second quarter of 2024, the mobile phone market showed signs of recovery, with a year-on-year increase of 6.5% in shipments. Honor and ByteDance deepened their cooperation on the large-scale model of AI, empowering the development of the mobile phone market with AI.
[Brokerage Focus] Xiniu Securities has initiated a "buy" rating on Suteng Juchuang (02498). The group is expected to turn losses into profits.
Xiniu Securities issued a research report stating that Suteng Juchuang (02498) is benefiting from i) the increase in fixed-point orders, and the company's future shipment expectations will continue to increase, ii) the MX series will start production in 2025, iii) production capacity will increase. The bank expects the group's shipments to reach approximately 0.8 million and approximately 2 million in 2024 and 2025, respectively, and to be further boosted after launching on E-platform and F-platform. However, due to the annual price reduction of inherent products and the fact that the MX series is priced significantly lower than the M series products, the bank expects the group to achieve a 33.9% to 11% performance in the next three years.
[Brokerage Focus] Sinolink Securities initiates coverage on Juchuang (02498) with a “buy” rating, expecting the company to have cost advantages in the market competition and further increase its market share in the future.
Sinolink's research report states that Suantum Jiuchuang's onboard lidar has low replaceability, low penetration rate, large space, and manufacturers with cost advantages are more competitive and product prices are expected to bottom out and rebound. Lidar has irreplaceability in ADAS with strict requirements for information accuracy and security. The bank expects that with the increase in the popularity of autonomous driving in the long term, the market size in China is expected to reach 10.3 billion yuan in 2026 and the global market size is expected to reach 11.4 billion yuan. The company is among the world's top-level lidar and solution providers in terms of sales revenue, fixed-point orders, and SOP (25 models).
Le Volume Des Ventes De LiDAR Pour ADAS De RoboSense a Atteint Une Croissance De 487,7 % En Glissement Annuel Au Premier Semestre 2024
No Data