XIAOMI-W
01810
BABA-W
09988
MEITUAN-W
03690
4
TENCENT
00700
5
SMIC
00981
HK Stock MarketDetailed Quotes
06030 CITIC SEC
- 24.150
- +1.600+7.10%
Not Open Feb 26 16:08 CST
357.92BMarket Cap15.28P/E (TTM)
24.700High22.600Low56.38MVolume22.650Open22.550Pre Close1.33BTurnover2.15%Turnover Ratio15.28P/E (Static)14.82BShares30.53852wk High1.24P/B63.27BFloat Cap10.07752wk Low0.78Dividend TTM2.62BShs Float32.717Historical High0.521Dividend LFY9.31%Amplitude6.547Historical Low23.632Avg Price500Lot Size3.24%Div YieldTTM2.16%Div Yield LFY
CITIC SEC News
CITIC SEC: Maintains MEITUAN-W "Buy" rating; paying social insurance for riders enhances competitiveness.
CITIC SEC released a Research Report stating that MEITUAN-W (03690) has been very proactive in investing in and applying new technology. This wave of technological innovation is more beneficial for leading enterprises in various segments to enhance their competitiveness, maintaining a "Buy" rating. It is expected that in Q4 2024, MEITUAN's overall revenue will be 87.78 billion yuan, +19.1% year-on-year, with operating profit at 9.1 billion yuan, +417.3% year-on-year (including on-demand delivery 6.6 billion yuan, +42.2% year-on-year, in-store 5.05 billion yuan, +49.6% year-on-year, new business -2.11 billion yuan, significantly decreased losses year-on-year), with adjusted Net income of 10.42 billion yuan year-on-year.
CITIC SEC: Initiates a "Buy" rating for GUANGDONG INV with a Target Price of 8.00 HKD.
CITIC SEC released a Research Report stating that it is initiating coverage on GUANGDONG INV (00270) with a "Buy" rating and a Target Price of HKD 8.00. The company's core Business in the water resource Sector has strong operational stability, and the real estate and property Sector has fully provided for impairments in 2023. Starting from 2024, the company's performance is expected to return to an upward cycle. The bank noted that considering the possible contraction in capital expenditure and the need to reserve funds for the renewal of the new round of the Dongshen water supply project, the company still has a high dividend payout capability, with expected dividend yields of 6.6%/7.0%/7.4% for 2024-2026; divesting the real estate development Business to enhance its utility properties.
Citic Securities Upgrades Digital Realty Trust to Buy From Add, Adjusts Price Target to $201 From $190
CITIC SEC: A rebound in CH MODERN D's profits is expected, maintaining a "Buy" rating.
CITIC SEC today released a research report, maintaining a "Buy" rating on CH MODERN D (01117). CITIC SEC believes that improvements in Fodder costs will likely enhance CH MODERN D's gross margin, with profits expected to rebound significantly in 2025. Summary of CITIC SEC's core views: Cash flow performance is robust despite a significant decline in the company's Net income in 2024, mainly influenced by impairment of biological assets and goodwill; however, these impairments are all non-cash items and have no substantial impact on the company's cash flow. The company's cash EBITDA for 2024 is expected to reach 2.9 to 3.1 billion yuan (compared to 2.5 billion yuan in the same period of 2023.
Citic Securities, Guotai Junan Securities Among Banks Acting as Placing Agents for UBTECH Robotics
Citic Securities Adjusts Equinix Price Target to $1,031 From $980, Maintains Buy Rating
CITIC Securities Appoints Information Chief
CITIC SEC (06030.HK) has appointed a Chief Information Officer at SMI Vantage.
On February 19, Gelonghui announced that CITIC SEC (06030.HK) resolved at the Board of Directors' meeting on February 19, 2025, (i) to agree to appoint Fang Xing as the Chief Information Officer at SMI Vantage, with Fang Xing no longer serving as the Chief Information Officer of the company; and (ii) to authorize the company's operation management team to handle the related procedures for the aforementioned personnel change.
Sany Heavy Industry exclusively responded to the plan of going public in Hong Kong: the Board of Directors has not yet discussed it, and there are significant uncertainties in the process.
Sina Technology reported on February 19 that Sany Heavy Industry announced on the 18th that it is planning an overseas issuance of shares (Listed in Hong Kong) and listing on the Hong Kong Joint Exchange Limited. In addition, there are reports that Sany Heavy Industry intends to raise 1.5 billion USD (approximately 10.9 billion RMB) in Hong Kong, and has entrusted Bank of America, JPMorgan, and CITIC SEC to handle this listing plan, which is expected to take place in the second half of the year. On February 19, Sina Technology called Sany Heavy Industry's investor hotline to verify the authenticity of the aforementioned information, and the other party responded, "Currently, the listing in Hong Kong is still in the planning stage, the Board of Directors has not yet discussed it, and Shareholders..."
CLSA PREMIUM received a discount of approximately 33.57% from Beijing Tongrentang (Cayman) Limited for the full purchase offer.
CLSA PREMIUM (06877) and the offeror Beijing Tongrentang (Cayman) Ltd jointly announced that on February 18, 2025, the offeror completed the acquisition of approximately 0.813 billion shares from CITIC SEC International Ltd, accounting for 40% of the company's total issued share capital as of the date of this joint announcement, for a total consideration of 97.994 million Hong Kong dollars (equivalent to about 0.1205 Hong Kong dollars per share sold). Following the completion and as of the date of this joint announcement, the offeror and its concert parties (including the seller) own about 1.2 billion shares (approximately 59.03% of the company's total issued share capital).
Citic Securities, CMB International Among Banks Advising XtalPi on Share Placement
Citic Securities Downgrades Intel to Hold From Buy, Price Target Is $24
Market Chatter: Sany Heavy Industry Looks to List in Hong Kong in H2 2025
China Merchants: Brokerages "try out" DeepSeek, expecting further development in participation breadth and Business integration.
Open DeepSeek offers specialized and diversified self-developed modules to enhance the added value of services for Institutions, or it may become one of the paths for many CSI All Share SEC A to empower service for Institutions.
CITIC SEC: Maintain TENCENT's "Buy" rating. WeChat integrates DeepSeek-R1.
CITIC SEC released a Research Report stating that it maintains a "Buy" rating for TENCENT (00700), being Bullish on the company's potential for sustained profit release. It is reported that on February 15, 2025, WeChat will integrate the AI search feature DeepSeekR1 in a gray test. The firm stated that the leading reasoning capability of DeepSeekR1, combined with WeChat's massive traffic entrance, is expected to support WeChat's evolution into a super AI Agent. In the future, the "AI content" of other TENCENT products will also further increase, releasing performance and valuation space. TENCENT's high gross margin businesses such as gaming, video accounts, WeChat AI search, and WeChat mini-stores are experiencing strong growth.
Citic Securities Downgrades Fortinet to Add From Buy, Adjusts Price Target to $110 From $103
CITIC SEC (06030): CITIC SEC International provides guarantees for the issuance of 0.285 billion USD medium-term notes by CSI MTN Limited.
CITIC SEC (06030) announced that its wholly-owned overseas subsidiary, CITIC SEC International's affiliated company CSI M...
CITIC SEC: Maintaining a "Buy" rating for BYD Electronic, expected to benefit significantly from the deep integration of smart driving in 2025.
CITIC SEC released a research report stating that it maintains a "Buy" rating for BYD Electronics (00285), being bullish on the company's growth potential and the valuation increase brought by new businesses, predicting the company's Net income for 2024-26 to be 4.6/6.4/8.1 billion yuan respectively. The company is a global leader in high-end precision manufacturing, with its core business tied to top global clients. In the area of automotive electronics, the company is a core supplier to its parent company BYD (01211) and is expected to benefit significantly from the projected growth in smart driving by 2025. Additionally, the company is also involved in Thermal Management, suspension, and other products, with market share expected to continue to increase; in terms of AI, the company has a strategic cooperation with NVIDIA.
CITIC SEC: Maintains EB ENVIRONMENT 'Buy' rating with a Target Price of 4.1 HKD.
CITIC SEC released a research report stating that it maintains a "Buy" rating for EB ENVIRONMENT (00257), and has revised down the forecast EPS for 2024-2026 to 0.52/0.61/0.64 HKD (previous forecast was 0.68/0.69/0.71 HKD). The Target Price is set at 4.1 HKD. The company's subsidiary, CEB GREENTECH (01257), which holds 69.70% of the shares, announced that it expects the net income attributable to the parent to decline by 66-69% in 2024, affected by the intense competition in the hazardous waste Industry, and this is expected to drag down the company's performance in 2024. The company’s revenue structure continues to improve.
CITIC SEC: Maintain CEB GREENTECH "Buy" rating Target Price 0.9 Hong Kong dollars.
CITIC SEC released a research report stating to maintain a "Buy" rating for CEB GREENTECH (01257), and adjusted the company's EPS forecast for 2024-2026 to -0.24/-0.05/0.02 HKD (original forecast was -0.11/0.01/0.08 HKD). Based on a PB of 0.18 for 2025, a target price of 0.9 HKD is given to the company. The company announced that it expects the net income attributable to the parent company in 2024 to expand its losses by 66%-69%, influenced by the continued intense competition in the hazardous waste industry. Since 2024, the company's revenue structure has continuously improved, with domestic subsidies recovery significantly outpacing previous years, cash.