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Guolian Securities: Geely Autos' new car plan is progressing smoothly, with a "buy" rating.
Guolian Securities released a research report stating that due to the significant growth advantages and leading product cycle advantages of Geely Autos (00175), a "buy" rating is given. Benefiting from a good new car cycle, Geely Autos is expected to enjoy a dual increase in sales volume and market share. The bank expects the company's total sales volume (including Zeekr and Lynk & Co) for 2024-2026 to be 2.143/2.782/3.28 million units, with revenue of 239.03/325.52/395.69 billion yuan, and net income attributable to the owner of the parent company of 16.41/12.74/16.47 billion yuan, corresponding to EPS of 1.63/
Hong Kong stock market anomaly | China-affiliated brokerage stocks see larger afternoon decline, CSC (06066) drops by nearly 6%, Citic Securities (06030) falls by over 3%.
China-affiliated brokerages saw their afternoon losses widen. As of the time of writing, CSC (06066) fell by 5.9%, closing at 10.84 Hong Kong dollars; HTSC (06886) fell by 5.53%, closing at 14.34 Hong Kong dollars; GF Sec (01776) fell by 4.42%, closing at 12.1 Hong Kong dollars; Citic Sec (06030) fell by 3.08%, closing at 23.6 Hong Kong dollars.
Guolian: China Hongqiao aluminum industry chain integration advantages highlighted, maintaining a 'buy' rating.
Guolian Securities released a research report stating that it maintains a 'buy' rating on Chinahongqiao (01378), with projected 2024-2026 net income attributable to the parent company of 19.59/21.27/22.59 billion yuan, year-on-year growth of 70.93%/8.58%/6.22%. The company's subsidiary Shandong Hongqiao achieved revenue of 110.068 billion yuan in 2024 Q1-Q3, a year-on-year increase of 12.47%; net income was 15.754 billion yuan, a year-on-year increase of 141.43%. In the third quarter of 2024 alone, revenue reached 38.023 billion yuan, up 13.86%; net income
Hong Kong stock concept tracking|A-share volume remains active, benefiting from continuous increase in brokerage sector trading volume (with concept stocks)
On November 11th, the trading volume of the Shanghai and Shenzhen stock markets has exceeded 2 trillion for the 5th consecutive day.
guolian Securities (01456.HK): Independent non-executive director Wu Xingyu resigns at the end of his term.
GuolianHui November 8th | Guolian Securities (01456.HK) announced that the board of directors of the company received a written resignation report from independent non-executive director Wu Xingyu on November 7, 2024. Due to serving two consecutive terms of six years, in accordance with the Regulations on Independent Directors of Listed Companies, Wu Xingyu has proposed to resign from the positions of independent non-executive director, member and chairman of the Board's Audit Committee, member of the Remuneration and Nomination Committee, and member of the Risk Control Committee.
Pan Gongsheng: steadily promoting the opening up of the financial services industry and financial market systems, expanding the interconnection of domestic and foreign financial markets.
①The fundamentals of the Chinese economy, the broad market, strong economic resilience, and great potential have not changed; ② Continue to adhere to the supportive mmf policy, strengthen communication with the market, and constantly improve the quality and effectiveness of financial services.
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