No Data
[Brokerage Focus] Guoyuan International expects that the demand for internet-related IT services will be able to be sustained in the fourth quarter.
Jinwu Finance | Guoyuan International believes that the recent performance of Hong Kong stocks is under pressure both internally and externally. On one hand, market performance is facing pressure from disappointing fundamental data and a reduction in risk appetite for funds. On the other hand, a combination of policy measures and the accelerated issuance of special bonds is expected to gently pull the economy towards recovery. Therefore, the current Hong Kong stock market is in a volatile pattern, and short-term fluctuations are difficult to escape. Attention can be paid to high-dividend, policy-supported, and internet plus-related leading sectors with comparative advantages. In the U.S. stock market, the PE and market cap levels have reached historical highs, and there are concerns that future performance growth will not support the existing valuations. If the growth rate slows down, there will be significant pressure on the secondary market.
Newborn Town Joins Saudi Arabia's Regional Headquarters Program
Newborn Town's Appointee Repurchases Over 1 Million Shares
[Brokerage Focus] Guoyuan International: No need to worry about short-term fluctuations, internet technology is still advancing.
Jingu Finance News | Guoyuan International stated that, against the backdrop of global economic recovery and declining financing costs, the global economic growth rate is expected to remain stable in the fourth quarter, including interest rate cuts in the United States and Europe, uncertainties such as the soft landing of the US economy and the presidential election. The Chinese economy is driven by growth targets and policy reinforcement. Therefore, the short-term market will enter a state of volatile upward movement, but the internet and entertainment sectors with high performance and market resilience still have potential opportunities. As investors continue to anticipate bullish policies from the domestic Ministry of Finance, market confidence is expected to be maintained in the medium to long term. The bank believes that the current investment focus in the internet sector should still revolve around gaming expansion and AI application scenarios.
[Brokerage Focus] Guoyuan International believes that the investment targets in the internet-related sector should still focus on game globalization, AI scenario implementation, and the recovery of cloud computing service demand.
Jingu Financial News | Guoyuan International stated that overall, as the valuation of the Hong Kong stock market has been partially restored, the large cap market has started to consolidate after the previous sharp rise. Currently, there is a growing wait-and-see sentiment among investors, and the trading volume of Hong Kong stocks continues to shrink. However, the bank believes that the valuation is currently rebuilding its foundation. On a macro level, as the current economic data indicates weak economic recovery momentum, market funds are awaiting further policy implementation. In the future, if positive factors emerge, such as improvement in macroeconomic data, bullish policies being implemented, and improvement in corporate performance, it may trigger a new round of market rebound. The bank believes that the current internet sector investment...
Brokerage Focus: Soochow Securities maintains a 'buy' rating on Newborntown Technology (09911), pointing out that the development of social business in the first three quarters exceeded expectations.
Jinwu Finance News | Soochow Securities issued research reports, stating that newborntown (09911) is expected to achieve social business revenue of 32.4~3.28 billion RMB from January to September this year, with a year-on-year growth of 60.7%~62.7%; innovative business is expected to achieve revenue of 3~0.32 billion RMB, with a year-on-year growth of 12.4%~19.9%; high-quality games independently developed by the company and delivered by external independent teams generated approximately 0.58 billion RMB in revenue, a year-on-year growth of approximately 182.5%. The bank stated that as of September 30, 2024, the cumulative download volume of social business reached about 0.74 billion, compared to 2024.
No Data
No Data
