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BOCOM INTL: Gives EAST BUY a "Neutral" rating with a Target Price raised by 15.6 Hong Kong dollars.
BOCOM INTL released a research report stating that, considering the reduction in the number of shares, the Target Price for EAST BUY (01797) has been raised from HKD 14.9 to HKD 15.6, with a rating of "Neutral." The report mentioned that for the first half of the 2025 fiscal year ending November 30 last year, the revenue from continued Operation of EAST BUY fell by 9% year-on-year. Excluding the financial impact related to the sale of "Traveling with Glory," the adjusted Net income from continuing operations was 3.27 million RMB, with business adjustments affecting short-term financial performance. BOCOM INTL noted that a trend of operational recovery has been observed, with gross margin having returned to growth, and it is expected that EAST BUY will continue to focus on the future.
BOCOM INTL [03329] is currently reported at 0.25 Hong Kong dollars, a decline of 10.71%.
As of 15:22, BOCOM INTL [03329] is priced at 0.25 HKD, down 0.03 HKD or 10.71% from yesterday's closing price of 0.28 HKD, with a trading volume of 0.1388 million HKD. The highest price today is 0.305 HKD, and the lowest is 0.25 HKD. Based on yesterday's closing price, the 10-day average is 0.29 HKD, and the 50-day average is 0.32 HKD, with a current PE of -0.52 times and a 14-day strength index of 37.04.
BOCOM INTL (03329.HK): Xiao Ting has been appointed as the Director.
Gelonghui reported on January 20 that BOCOM INTL (03329.HK) announced that Wang Yongqing has resigned as a non-executive director due to a job transfer, effective from January 20, 2025. Xiao Ting has been appointed as a non-executive director, effective from January 20, 2025. Tan Yueheng will no longer serve as the Chairman of the Board of Directors due to work requirements, effective from January 20, 2025. After stepping down as Chairman, Tan Yueheng will remain an executive director of the company. Xiao Ting has been appointed as Chairman, effective from January 20, 2025.
Express News | BOCOM International - Tan Yueheng Ceased to Be Chairman
Bocom International Unit Acquires Bonds by Sumitomo Mitsui Banking
BOCOM INTL: Maintaining Great Wall Motor's "Buy" rating with a Target Price of 17.36 Hong Kong dollars.
BOCOM INTL released a research report stating that it maintains a "Buy" rating on Great Wall Motor (02333), with a Target Price of HK$17.36. Great Wall Motor's progress towards high-end and Asia Vets has been relatively smooth, dominating the Chinese SUV market with rugged off-road models (such as Tank 300 and Tank 500), and successfully expanding into the high-end SUV market. In terms of Global layout, Great Wall Motor has established production bases and R&D centers in Russia, Thailand, India, and Brazil, achieving localized production and sales. The firm believes that the increase in the proportion of high-end models and the export layout will likely support profit growth. BOCOM INTL mainly