Goldman Sachs: The target price for miniso under the basic scenario is 52 Hong Kong dollars.
Goldman Sachs released a report stating that Miniso (09896) currently has a market price-to-earnings ratio of 12 times the projected earnings for 2025, with an expected average compound annual growth rate (CAGR) of over 20% for 2024-2026. The target price in the basic scenario is 52 Hong Kong dollars. Goldman Sachs believes that Miniso's main competitive advantages are supply chain management/integration and consumer data advantages. The report mentions that Miniso benefits from a diversified geographical coverage for rapid response to dynamic consumer demands. In addition to directly owning strong upstream manufacturing capabilities in China, Miniso's industry-leading scale allows access to true supply chain management and integration. Goldman Sachs notes
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Goldman Sachs: Raises target price for HKEX to HK$397, rated "buy".
Goldman Sachs released a report stating that the daily average trading volume forecast of Hong Kong Exchanges (00388) for the fiscal years 2024 to 2026 has been raised by 19%, 18%, and 11% to 134 billion yuan, 154 billion yuan, and 163 billion yuan respectively. The earnings per share forecast has been increased by 11%, 12%, and 9%, and the target price of Hong Kong Exchanges has been raised from 318 Hong Kong dollars to 397 Hong Kong dollars with a 'buy' rating. The bank estimates that for every 10% change in stock market trading volume, earnings per share will change by approximately 8% to 9%. Record trading volume in the Hong Kong stock market is attributed to policy announcements focusing on improving the economy and market outlook in the mainland. October 8th.
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Jamie Dimon Warns Of Global Risks To Economy: 'Treacherous And Getting Worse'
Overnight news: U.S. stocks closed higher, tesla plummeted, Cybercab disappointing, boeing to lay off 17,000 people, moody's downgraded Volkswagen's outlook to negative.
For more global financial news, please visit the 24-hour real-time financial news market closing: US stocks rise for the fifth consecutive week, with the S&P index surpassing 5800 points for the first time. Top 20 US stocks traded on October 11: Tesla Cybercab disappoints, stock price plunges by 8.8%. China concept stocks had mixed performance on Friday, with Taiwan Semiconductor up 2.7% and H World Group down 1.7%. USA WTI crude oil futures closed down 0.4% on Friday, up 1.6% for the week. COMEX gold futures closed up 1.02%, with a total increase of 0.04% for the week. European stocks closed generally higher, with the Euro Stoxx 50 index up 0.68%. Macro美
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If You Invested $1000 In This Stock 5 Years Ago, You Would Have $2,500 Today
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Buffett sold Bank of America shares, cashed out a total of $10.5 billion, and reduced his stake to below the 10% regulatory threshold.
Buffett's Berkshire Hathaway disclosed in its latest filing submitted to the U.S. Securities and Exchange Commission (SEC) on Thursday that it has sold over 9.5 million shares of Bank of America stocks in the past three trading days, reducing its stake below the 10% regulatory threshold. The transactions were conducted in three separate trades from Tuesday to Thursday. Berkshire's holdings in Bank of America have decreased to 0.775 billion shares, representing approximately 9.987% of total shares. This marks the 15th round of Bank of America stock sales disclosed by Berkshire since mid-July, with approximately $10.5 billion cashed out cumulatively. According to relevant regulations, if the shareholding percentage exceeds