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CITIC SEC (06030): CITIC SEC International provides guarantees for the issuance of $5 million medium-term notes by CSI MTN Limited.
CITIC SEC (06030) announced that its wholly-owned overseas subsidiary CITIC SEC International's affiliated company CSI ...
CITIC SEC: Maintains XIAOMI-W "Buy" rating with a Target Price of 42 Hong Kong dollars.
CITIC SEC released a research report stating that it maintains a "Buy" rating for XIAOMI-W (01810) with a Target Price of HKD 42. Looking ahead, the firm sees XIAOMI continuing to become the best hard-core Technology ecological company in China and even globally, continually sparking vitality in broader fields such as AI Smart Phone, Smart Automobile, Smart Home, AI large models, AI glasses, and embodied intelligence. The report indicates that on January 7, 2025, XIAOMI will award the "Ten Million Yuan Technology Prize" to reflect its emphasis on hard-core Technology research and development. Meanwhile, in Q4 2024, the company's Smart Phone market share in China will rise to second place, and various Businesses will continue to show.
Hong Kong stocks closed (01.02) | The Hang Seng Index fell by 2.18% while the Golden Industrial Concept rose against the trend. Semiconductors and the large financial Sector had the largest declines.
The Hong Kong stock market had a poor start in 2025, with all three major indices declining, each dropping more than 2%. The Hang Seng Index once again fell below the 20,000 mark, and the Hang Seng China Enterprises Index at one point dropped over 3% in the afternoon.
Hong Kong stocks are moving differently | China-Affiliated Brokerage stocks are declining across the board, with A-share financing scale in 2024 reduced by more than 80%, and Brokerage investment banking Business significantly decreased.
China-Affiliated Brokerage stocks are all declining. As of the time of writing, CITIC SEC (06030) is down 5.85%, at 20.1 HKD; Guolian (01456) is down 5.21%, at 4.37 HKD; CSC (06066) is down 5.4%, at 9.29 HKD; China Merchants (06099) is down 5.25%, at 15.18 HKD.
Citic Securities Initiates Cadence Design Systems at Add With $337 Price Target
Caitong's investment strategy for the Brokerage Industry in 2025: Market beta drives a comprehensive recovery across all Business lines.
Under the demand for building a "financial powerhouse," the Huaan CSI All Share Investment Banking & industry welcomes the strategic opportunity to establish a "first-class investment bank."
