Tianfeng Securities to Raise 4 Billion Yuan From Share Issuance; Shares Up 3%

MT NewswiresMar 13 23:37 ET

Tianfeng: Maintains XINYI SOLAR "Buy" rating, continues to be bullish on the company's growth prospects and leading advantages.

Tianfeng released a Research Report stating that it maintains a "Buy" rating for XINYI SOLAR (00968) and continues to be Bullish on the company's growth prospects and leadership advantages. Considering the current situation of Photovoltaic Glass and raw material prices, the assumptions for Photovoltaic Glass prices and costs have been adjusted. At the same time, taking into account the pace of new capacity deployment by the company, the overall revenue forecast for 2025 and 2026 has been reduced to 22.7/25.1 billion yuan (previously 42.4/50.1 billion Hong Kong dollars, the company has changed its financial report unit from Hong Kong dollars to yuan this year), with a new forecast for 2027 at 27 billion yuan. Additionally, the forecast for net profit attributable to the parent company for 2025 and 2026 has been adjusted down to 1.8/2.5 billion yuan (previously 59.

新浪港股Mar 9 22:30 ET

Tianfeng: The Gold jewelry Industry is currently undergoing a significant transformation cycle. It is recommended to pay attention to old gold shops and others.

Tianfeng released a Research Report stating that the demand for the domestic Gold jewelry industry is generally stable in 2024. The exceptional growth of Lao Pu Gold (06181), far exceeding industry levels, reflects changes in the medium to long-term logic of the industry. The industry is undergoing a major shift from a channel-driven model to a product upgrade-driven model. Traditionally, the Gold jewelry industry relied on channel expansion as its driving force, with a high degree of product homogeneity. As channel dividends diminish, the industry's growth momentum is now shifting from channels to product upgrades, with companies offering higher product differentiation standing out first. The main viewpoints from Tianfeng are as follows: Lao Pu Gold 2.

Sina Hong Kong StockFeb 21 04:23 ET

Tianfeng: Maintains YUE YUEN IND "Buy" rating, optimistic trend for orders in 2025.

Tianfeng Securities released a research report stating that based on the steady growth of YUE YUEN IND (00551), strong performance is expected in 2025, maintaining a "Buy" rating for the company. As Orders further normalize, the demand for high-quality suppliers in the company's Global footwear industry is expected to remain robust. Therefore, the bank maintains its profit forecast, expecting the company's income to be 8.18 billion USD, 9.11 billion USD, and 10.33 billion USD for 2024-2026 respectively; net profit attributable to parent company to be 0.43 billion USD, 0.5 billion USD, and 0.58 billion USD respectively; corresponding EPS to be 0.27 USD/share, 0.31 USD/share, and 0.30 USD/share.

Sina Hong Kong Stock.Feb 16 21:03 ET

Tianfeng (601162.SH): The company has not connected to Doubao.

On February 14, GeLonghui reported that Tianfeng (601162.SH) stated on the interactive platform that the company has not connected to Doubao.

Gelonghui FinanceFeb 14 02:53 ET

Tianfeng Securities (SHSE:601162) Shareholder Returns Have Been Decent, Earning 65% in 1 Year

Simply Wall StFeb 13 18:26 ET