Global Investment Banks Start 2025 With Positive Setup -- Market Talk

WSJ03:41 ET

Morgan Stanley: Maintains CATHAY PAC AIR "In line with the market" rating, Target Price raised to 9.1 Hong Kong dollars.

Morgan Stanley released a research report stating that it has raised the Target Price for CATHAY PAC AIR (00293) from HKD 8.1 to HKD 9.1, maintaining a "Market Perform" rating. The firm indicated that it has increased its profit forecasts for CATHAY PAC AIR for 2024 to 2026 by 13.5%, 7.4%, and 14% respectively, to reflect the assumption of lower aviation RBOB Gasoline prices; a strong passenger volume performance in November, along with robust cargo business. Meanwhile, the firm also considered adjustments to the fully diluted share count after CATHAY's future repurchase of convertible Bonds.

Sina Hong Kong Stock.03:39 ET

Barclays Maintains Morgan Stanley(MS.US) With Buy Rating, Raises Target Price to $155

Moomoo News03:32 ET · Ratings

Express News | Morgan Stanley : Barclays Raises Target Price to $155 From $135

Reuters02:22 ET

MORGAN STANLEY: Maintains Shareholding rating for POP MART with a Target Price of HKD 113.

Morgan Stanley published a research report stating that POP MART (09992) plans to restock, which may boost sales in the fourth quarter of last year and the first half of this year, while also taking measures to enhance customer experience. The investment themes proposed by the bank, namely "overseas expansion extends popularity" and "IP product rotation" are still valid. Morgan Stanley's rating and Target Price for the company are "Shareholding" and 113 Hong Kong dollars. The bank suggests that investors can take advantage of the low prices to buy in. It is expected that this year's sales growth will be 35%, and POP MART is considered to achieve the fastest sales growth among the large consumer companies tracked.

Sina Hong Kong stocks00:20 ET

Strategists: The downside potential for 10-year Japanese government bond yields is limited, and the market is paying attention to the Bank of Japan's monetary policy.

Japanese government bond prices fell in early Tokyo trading, following the decline in US Treasury prices on Friday. Fixed income strategists at Mitsubishi UFJ Morgan Stanley Securities stated in a recent research report that market participants may closely monitor any news from the Bank of Japan to understand whether it will raise interest rates later this month. Strategists mentioned: "The Bank of Japan still intends to gradually raise its policy interest rate, and coupled with the high likelihood of significant increases in base wages during the 2025 wage negotiations, it intensifies market expectations for the future.

Global Market Report19:41 ET