Is Trump stable? The gambling odds are close to the level when the Democratic Party changed leaders.
Although the current polling numbers from institutions in the USA show that the competition between the Republican presidential candidate Trump and the Democratic presidential candidate Harris is still intense; However, in the more "real" - directly affecting the gains and losses of the gamblers in the gambling market, the balance of victory is clearly tilting towards Trump's side.
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China International Capital Corporation: Raised the target price to 5.2 Hong Kong dollars, maintaining an "outperform industry" rating.
China International Capital Corporation issued a report stating that the target price of 361 degrees (01361) has been raised by 17% to HK$5.2, maintaining the company's 2024 and 2025 EPS forecasts of 0.52 and 0.6 yuan respectively, and maintaining an "outperforming the industry" rating. In the third quarter of 2024, retail sales of the main brand and children's clothing offline of 361 degrees both increased by about 10% year-on-year, while the e-commerce platform retail sales of 361 degrees increased by over 20% year-on-year. The performance at the end is good, with stable discounts and inventory. CICC stated that online sales of 361 degrees continue to grow rapidly on a high base. The company's e-commerce platform retail sales continue to grow rapidly on a high base.
tianfeng Securities: Maintains a "buy" rating on 361 degrees, with online growth leading in Q3 24.
Tianfeng Securities released a research report stating that it maintains a 'buy' rating on 361 degrees (01361), expecting the company's revenue in 2024 and 2025 to be 10.09 billion RMB, 11.69 billion RMB, and 13.45 billion RMB respectively; net profit attributable to shareholders to be 1.11 billion RMB, 1.29 billion RMB, and 1.53 billion RMB respectively; corresponding EPS to be 0.54 RMB/share, 0.62 RMB/share, and 0.74 RMB/share. Tianfeng Securities' main points are as follows: In Q3 2024, 361 degrees' offline main brand retail performance was good, with a year-on-year growth of about 10%.
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