No Data
No Data
Bank of America Joins Investor Group in Nasdaq Private Markets
Nasdaq Private Market Adds Bank of America to Consortium of Investors
Apple, Alphabet And 2 Other Stocks Insiders Are Selling
Bank of America Merrill Lynch: Maintains a buy rating for U-Presid China, and raises the target price to HKD 8.3.
Bank of America Securities released a research report that maintains its 'buy' rating on U-Presid China (00220). Due to the expected reduction in tax rates, the earnings per share forecast for 2024/25 has been raised by 4%. The company's 6.9% dividend yield is attractive, and it is the highest among consumer goods stocks listed on the Hong Kong Stock Exchange. The target price has been raised from HKD 8 to HKD 8.3 and it is expected to support its stock price performance in a weak market. U-Presid China's sales and after-tax profits in the first half of the year increased by 6% and 10.2% year-on-year, respectively, in line with expectations. Due to factors such as weak macroeconomic conditions, intensified market competition, and rainy weather in China in the second quarter, sales in the second quarter were dragged down.
Bank of America Securities: Reiterates its 'buy' rating for Cathay Pacific Airways and raises target price to HKD 12.2.
Bank of America Securities released a research report recommending a buy rating for Cathay Pacific Airways (00293), taking into account the good performance in the first half of the year. As a result, the average forecast for net income from 2024 to 2026 has been adjusted upward by 0.5 billion yuan, and the target price has been raised from HKD 12 to HKD 12.2. The report stated that Cathay Pacific Airways’ performance in the first half of the year exceeded expectations, mainly due to the decrease in staff and aircraft parking costs during the period, and the favorable factor of exchange rate. Available seat kilometers in the first half of the year increased by 42.7% year-on-year, and passenger yield fell by 11% year-on-year, which is in line with expectations. In addition, the management of Cathay Pacific Airways expects the passenger yield to continue to trend positively in the second half of the year.
Japan's five major trading companies fall into the gold pit! "Stock market believers" buy on dips and wait for the wind to rise.
The five major Japanese trading companies that Buffett holds have undoubtedly become "cheap goods" since the Japanese stock market plunged in mid-July. Due to recent concerns about the continuous rise of the yen in the market, the stock prices of these five major trading companies have dropped sharply in the recent Japanese stock market crash.
No Data