$Hang Seng Index (800000.HK)$lifted 82 points or 0.4% to close at 19,636.$Hang Seng China Enterprises Index (800100.HK)$inclined 30 points or 0.4% to close at 6,964.$Hang Seng TECH Index (800700.HK)$rose 22 points or 0.6% to close at 4,135. The total turnover for the whole day was $156.477 billion. The Government Cabinet of Iran confirmed the death of President Ebrahim Raisi in a helicopter accident. Markets were concerned about the effect of geopolitical tens...
Three years ago, the market had higher expectations of EPS growth, which might explain the share price change. The company's performance last year indicates unresolved challenges, as it was worse than the annualised loss of 0.4% over the last half decade.
High share price growth shadowing EPS growth points to greater market faith in the business. Considerable TSR shows dividends played a key role. The recent pullback might be a purchase chance if sustained growth trend is positive. Note that even top stocks can lag temporarily.
The Hong Kong bourse was buoyed by the sharp uptick of Chinese banks and oil stocks.$Hang Seng Index (800000.HK)$, which has once stretched its rise to 272 pts, closed at 20,297, elevating by 247 pts or 1.24%;$Hang Seng China Enterprises Index (800100.HK)$thrived 99 pts or 1.47% to close at 6,897;$Hang Seng TECH Index (800700.HK)$climbed 18 pts or 0.48% to close at 3,914. The full-day turnover totaled at $108 billion. Chinese banks spearheaded a steep rally of the br...
China Oilfield Services Stock Forum
The Government Cabinet of Iran confirmed the death of President Ebrahim Raisi in a helicopter accident. Markets were concerned about the effect of geopolitical tens...
$CNOOC (00883.HK)$ elevated 3.8% after it recorded a 24% growth in 1Q24 net profit, while $CHINA OILFIELD (02883.HK)$ hiked 1% to $8.94 after it recorded an increase of 57% in 1Q24...
For resource stocks, $CHALCO (02600.HK)$ declined 3.6%, while $GANFENGLITHIUM (01772.HK)$ and $TIANQI LITHIUM (09696.HK)$ crumple...
$ANTA SPORTS (02020.HK)$
$CHINA OILFIELD (02883.HK)$
$HKT-SS (06823.HK)$
$ZIJIN MINING (02899.HK)$
$ZTO Express (ZTO.US)$
$China Yangtze Power (600900.SH)$
$Focus Media Information Technology (002027.SZ)$
$Jonjee Hi-Tech Industrial And Commercial Holding (600872.SH)$
$Kweichow Moutai (600519.SH)$
$NARI Technology (600406.SH)$
$NAURA Technology Group (002371.SZ)$
Chinese banks spearheaded a steep rally of the br...
Steadily rising... $10 range..
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