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Where is the safe haven under the tariff war? Wall Street has found a "paradise": Asia Consumer stocks.
① Goldman Sachs and Morgan Stanley's strategists both recommended the Consumer Sector in Asia in their report published after the tariff war on April 2, urging investors to shift to defensive positions; ② Fidelity International specifically stated that the company has made a Buy on Chinese consumer stocks that had previously been affected, betting that these companies will benefit from stimulus policies.
Express News | Top Standard Corp FY Basic EPS HKD -0.0572
Express News | Top Standard Corp FY Revenue HKD 14.3 Million
TOPSTANDARDCORP: ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 31 DECEMBER 2024
Brokerage morning meeting highlights: Consumer inclination is expected to rise, selecting four major investment lines.
In today's Brokerage morning meeting, HTSC stated that Consumer preferences are expected to rise, favoring four major investment lines; China International Capital Corporation believes that AI Agents may reshape the Internet ecosystem by taking over mobile phones; China Securities Co.,Ltd. proposed to focus on the implementation and technological breakthroughs of AI models in the eyewear sector.
TOP STANDARD CORP (08510.HK) issues a profit warning: expecting a net loss of not less than 14 million Hong Kong dollars for 2024.
Gelonghui, March 21丨TOPSTANDARDCORP (08510.HK) announced that the Board of Directors expects to record a net loss of no less than 14 million Hong Kong dollars in the fiscal year 2024, while during the same period in 2023, there was a net profit of approximately 4 million Hong Kong dollars. The Board of Directors believes that the change in profit and loss situation is mainly due to the one-time gain of approximately 13.4 million Hong Kong dollars recognized from the cancellation of the consolidation of a subsidiary for the fiscal year ended December 31, 2023, and an impairment loss of no less than 9 million Hong Kong dollars for properties, equipment, and right-of-use assets for the fiscal year 2024.
