Daiwa: After the opening of A shares, Hong Kong real estate, consumer, and financial stocks will experience a pullback, but this is healthy.
JPMorgan believes that the forward price-earnings ratio of the Chinese stock market has significantly rebounded, indicating a shift in policy towards the inflation direction released by the combination of monetary/real estate assets, and also reflects the market's high expectations for fiscal stimulus policies. However, the short-term outlook may be too optimistic. After the A-share market opens, with more individual investors entering, its performance may outperform Hong Kong stocks.
The soaring gold price did not lift chow tai fook.
Consumer rationality has increased.
A difficult Q2 report card for luxury goods: zero revenue growth, price increases and promotions together, with Hermès "holding up the roof".
Bank of America Merrill Lynch stated that the second-quarter weighted average income of the luxury goods industry recorded zero growth, the lowest in fifteen quarters, and also showed trends such as brand polarization, negative growth in hard luxury income, and deteriorating demand in the USA.
Han Shu has topped the Douyin beauty ranking for 6 consecutive months, and its net income in the first half of the year on the US stock market soared by 308.7%.
Shangmei Corporation achieved revenue of 3.502 billion yuan in the first half of the year, an increase of 120.7% year-on-year; achieved net income of 0.412 billion yuan, an increase of 308.7% year-on-year; and gross margin reached 76.5%, an increase of 7.5 percentage points year-on-year.
Chow Tai Fook Jewellery Group Limited Goes Ex Dividend Tomorrow
CHOW TAI FOOK: Interim Report 2023/2024