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Fangzheng Securities: Maintains alibaba-SW 'Recommended' rating with a target price of 118 Hong Kong dollars.
CSC Financial released a research report stating that it maintains a 'buy' rating on alibaba-SW (09988), with an expected revenue of 1004.3/1099.8/1195.3 billion yuan for the fiscal years 2025/2026/2027 respectively, and adjusted net income attributable to the parent company of 153.9/166.8/181.4 billion yuan. The target price is 118 Hong Kong dollars per share, maintaining the overall assessment of the company. Alibaba achieved revenue of 236.5 billion yuan in 24Q3, +5.2% year-on-year, slightly below the institutions' consensus forecast of 239.4 billion yuan. Adjusted EBITA was 40.6 billion yuan, slightly below the consensus forecast of 40.9 billion yuan, NON-
Founder Securities Gets Chinese Securities Regulator's Nod to Issue 20 Billion Yuan Bonds
Founder Securities (601901.SH): Approved to publicly issue corporate bonds to professional investors.
On November 6, Gelunhui reported that Fangzheng Securities (601901.SH) recently received a reply from the China Securities Regulatory Commission, "Approval of Fangzheng Securities Co., Ltd. to publicly issue corporate bonds to professional investors" (CSRC License [2024] No. 1514). The reply allows the company to publicly issue corporate bonds with a total face value not exceeding 20 billion yuan to professional investors, with a validity period of 24 months from the date of registration approval. The company can issue them in installments during the registration validity period.
Founder Securities Co., Ltd. (SHSE:601901) Stock Most Popular Amongst Individual Investors Who Own 38%, While Public Companies Hold 31%
Third Quarter Report 2024
Express News | Founder Securities Says Q3 Net Profit up 23.7% Y/Y
There's No Escaping Founder Securities Co., Ltd.'s (SHSE:601901) Muted Earnings
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