CITIC SEC (06030): CITIC SEC International provides guarantees for the 30 million US dollars notes issued by CSI MTN.

CITIC SEC (06030) announced that the company's wholly-owned subsidiary CITIC SEC International's affiliated company CS M...

Zhitong FinanceMar 24 06:01 ET

EVE Energy to Issue Up to 5 Billion Yuan in Convertible Bonds

MT NewswiresMar 24 00:28 ET

Full text | Transcript of Meituan's Q4 Earnings Conference: A brand new native AI product will be launched, establishing an internal large language model.

Meituan (03690.HK) today released its Earnings Reports for the fourth quarter and the whole year ending December 31, 2024. In the fourth quarter, revenue was 88.5 billion yuan, a year-on-year increase of 20.1%. Net income was 6.2 billion yuan, while the net income for the same period in 2023 was 2.2 billion yuan; under non-International Financial Reporting Standards measurement, the adjusted net income was 9.8 billion yuan, compared to 4.4 billion yuan for the same period in 2023. For the full year 2024, revenue was 337.6 billion yuan, marking a year-on-year growth of 22.0%. Net income was 35.8 billion yuan, with a year-on-year increase of 158.4%; under non-International Financial Reporting Standards measurement, adjusted...

Sina TechnologyMar 21 10:01 ET

Earnings Preview: CITIC SEC to Report Financial Results on March 26

Moomoo NewsMar 19 13:45 ET

Full text | Tencent Q4 Earnings Conference transcript: Chinese companies pay more attention to efficient use of GPUs, DeepSeek is a prime example.

On the evening of March 19, TENCENT (HKEX: 00700) released its Earnings Reports for the fourth quarter and the full year ended December 31, 2024. In the fourth quarter, revenue was 172.4 billion yuan, a year-on-year increase of 11%. Profit attributable to equity holders was 51.3 billion yuan, a year-on-year increase of 90%. Under non-international financial reporting standards, profit attributable to equity holders was 55.3 billion yuan, a year-on-year increase of 30%. For the full year 2024, revenue was 660.3 billion yuan, a year-on-year increase of 8%. Profit attributable to equity holders was 194.1 billion yuan, a year-on-year increase of 68%. Under non-international financial reporting standards, equity.

Sina TechnologyMar 19 10:18 ET

CITIC Securities to Announce 2024 Annual Results With Investor Webcast

TipRanksMar 19 06:37 ET

CITIC SEC (06030.HK) plans to hold the 2024 annual performance press conference on March 27.

Gelonghui announced on March 19 that CITIC SEC (06030.HK) will hold a performance briefing via live streaming to help investors gain a more comprehensive understanding of the company's performance and operations for the year 2024. The meeting will address common concerns from investors within the scope of permissible information disclosure. The meeting is scheduled for March 27, 2025 (Thursday) from 9:00 to 10:00.

Gelonghui FinanceMar 19 06:35 ET

CITIC SEC (06030): CITIC SEC International provided a guarantee for the 70 million dollar notes issued by CSI MTN Limited.

CITIC SEC (06030) announced that its wholly-owned overseas subsidiary CITIC SEC International's subsidiary CSI ...

Zhitong FinanceMar 17 06:10 ET

CITIC SEC: Initiates a "Buy" rating for SINOPHARM with a Target Price of 27 HKD.

CITIC SEC released a Research Report stating that it is initiating coverage on SINOPHARM (01099) with a "Buy" rating and a 9x PE for 2025, corresponding to a Target Price of 27 HKD. The report states that SINOPHARM is a leading enterprise in the domestic Pharmaceutical distribution industry, with its core Business of pharmaceutical distribution maintaining steady growth against the backdrop of increasing industry concentration; the company's medical instruments Sector is gradually increasing its share, actively introducing medical manufacturing Business while continuously expanding market coverage and cooperation channels, and laying out an edge in advanced medical instruments such as fluorescence endoscopes and imaging equipment. As regulatory impacts on the industry clear, the performance of the company's medical instruments Sector is expected to resume growth; retail

Sina Hong Kong StocksMar 16 23:42 ET

CITIC SEC: Maintain Ideal Autos-W "Buy" rating, Target Price 151 Hong Kong dollars.

CITIC SEC released a research report stating that it maintains a "Buy" rating for Li Auto-W (02015), bullish on the company's investment value, maintaining a target price of HKD 151 per share based on a 25X Non-GAAP P/E ratio. The company expects sales of 0.1587 million vehicles and revenue of 44.3 billion yuan in the fourth quarter of 2024, with a gross margin of 19.7% and a Non-GAAP net income of 4 billion yuan. The company's guidance for Q1 2025 is sales of 0.088-0.093 million vehicles. The company plans to launch an upgraded version of its existing models in May 2025, using new chips to enhance autonomous driving capabilities; and plans to introduce pure electric models in July and in the second half of the year.

新浪港股Mar 16 23:41 ET

Citic Securities Adjusts Price Target on Oracle to $186 From $214, Keeps Buy Rating

MT NewswiresMar 13 07:56 ET · Ratings

China Nerin Engineering to Offer 30 Million Shares in Shanghai IPO

MT NewswiresMar 12 22:52 ET

Goldman Sachs: Downgraded the S&P 500 Index year-end target from 6,500 points to 6,200 points.

Goldman Sachs has lowered the target price for the S&P 500 Index at the end of 2025 from 6,500 points to 6,200 points, reflecting the adjustment of its fair forward PE valuation from 21.5 times to 20.6 times, a decrease of 4%. Meanwhile, the expected EPS for the index components has also been reduced, with the 2024 EPS expectation dropping from $268 to $262, and the 2025 expectation decreasing from $288 to $280. Goldman Sachs has cited concerns over economic growth and the recent significant drop in the Magnificent 7 as reasons for lowering the target level of the benchmark index for the US stock market. This signifies a corresponding forward evaluation.

环球市场播报Mar 11 23:25 ET

CITIC SEC (06030.HK) will hold a Board of Directors meeting on March 26 to approve the annual performance.

Gelonghui reported on March 11 that CITIC SEC (06030.HK) announced that a Board of Directors meeting will be held on March 26, 2025, to consider and approve the audited financial results of the company and its subsidiaries for the year ending December 31, 2024, as well as the proposal for the final dividend distribution.

Gelonghui FinanceMar 11 04:50 ET

CITIC SEC: NOTIFICATION OF BOARD MEETING

HKEXMar 11 04:38 ET · Announcements

CITIC SEC (06030) provides guarantees for two notes totaling 1.25 billion yuan issued by CS MTN under the commercial paper program.

CITIC SEC (06030) announced that the company's wholly-owned subsidiary CITIC SEC International's affiliated company CS M...

Zhitong FinanceMar 10 06:43 ET

Chixia Development Issues 360 Million Yuan Medium-Term Bonds

MT NewswiresMar 7 00:49 ET

Goldman Sachs: Raised the forecast for the average daily trading volume growth of A-shares for the year, upgrading China International Capital Corporation, CITIC SEC, and GF SEC.

Goldman Sachs released a research report stating that according to new forecasts, the target prices for CSI All Share SEC A shares and Listed in Hong Kong shares have been raised by an average of 11% and 13% respectively. The target price for China International Capital Corporation (03908/Buy) is set at HKD 16.47, for CITIC SEC (06030/Neutral) is HKD 20.68, and for GF SEC (01776/Neutral) is HKD 11.18. From the beginning of the year to date, the average ROI for China International Capital Corporation, CITIC SEC, and GF SEC for A shares and H shares has only been negative 3% and positive 6% respectively. It is believed that there is still significant upward potential, with the expected average upward potential for the three covered brokers' A shares and H shares at 18% respectively.

Sina Hong Kong StocksMar 6 23:14 ET

CITIC SEC: Maintain Buy rating on Xpeng Autos-W; model cycle and profit improvement resonate.

CITIC SEC released a Research Report stating that it maintains a "Buy" rating for XPeng Motors-W (09868). In February 2025, XPeng Motors delivered 30,453 new cars, a year-on-year increase of 570%, ranking first among new energy vehicle companies in terms of delivery volume for February. XPeng's cumulative deliveries from January to February 2025 reached 0.0608 million vehicles, a year-on-year increase of 375%, demonstrating stability beyond seasonal fluctuations. The report mentions that the strong deliveries in Q1 2025 are backed by comprehensive improvements in the company's organizational capabilities, and in 2025, XPeng's model cycle and profitability enhancements will resonate, with smart driving features accelerating implementation.

Sina Hong Kong StocksMar 6 21:29 ET

Individual Investors Account for 54% of CITIC Securities Company Limited's (SHSE:600030) Ownership, While Private Companies Account for 20%

Simply Wall StMar 5 01:09 ET