NFU2408 NFU AUG4
- 33.94
- -1.75-4.90%
NFU AUG4 News
Northbound trading: Net buying of Tencent (00700) amounted to 1.4 billion, while the tracker fund of Hong Kong (02800) was sold off as it experienced net buying of 2.396 billion.
On July 18th, the Hong Kong stock market saw a net purchase of 2.396 billion HKD by mainland investors. Among them, the net purchase through the Shanghai-Hong Kong Stock Connect was 1.674 billion HKD, and the net purchase through the Shenzhen-Hong Kong Stock Connect was 0.722 billion HKD.
Hong Kong Consumer Council clarifies! Nongfu Spring is safe to drink, and its stock price has rebounded for two consecutive days.
Industry competition is becoming increasingly fierce.
Market Chatter: Nongfu Spring Says Hong Kong Consumer Council Report on Bromate Content in Water Inaccurate
Chinese bottled water manufacturer Nongfu Spring (HKG:9633) refuted a report on bromate levels found in its drinking water, Yicai Global reported Tuesday.Nongfu Spring's product that the Hong Kong
【In-depth analysis of financial reports】Both Nongfu Spring and Baishan are struggling with bromate vortex, why have they become difficult brothers?
Author | Wu Ji A total of 3560 words, expected reading time of 10 minutes On July 15th, the Hong Kong Consumer Council released a drinking water test report, which pushed Nongfu Spring and Baishui to the forefront. The report stated that bromate was detected in the products of Nongfu Spring and Baishui, well-known domestic drinking water brands. Ingesting large amounts of bromate can lead to nausea, abdominal pain, vomiting, diarrhea, and in severe cases may affect the kidneys and nervous system. The news has attracted widespread attention online. According to the latest report from Qianjiang Evening News, on the afternoon of July 16, the Hong Kong Consumer Council responded to confirm that it had received one of the tested samples.
Why did nongfu spring drop 30% in two months?
Price war in the drinking water industry is becoming more and more intense.
[Special V] Guo Jiayao: Market is waiting for more bullish policy news, RMB is getting stronger, good news for the market performance.
Goldman Sachs News | US stocks rose on Friday, with market expectations of interest rate cuts heating up and bond yields continuing to fall, stimulating the market and pushing the Dow back above the 40,000 point mark. All three major indices recorded gains at the close. The US dollar continued to fall, with the yield on the 10-year US Treasury falling to 4.18 cents, causing gold prices to experience top reversal, and oil prices also softening. Hong Kong pre-market securities fell generally and the market is expected to open lower. The mainland stock market fluctuated on Friday, with the Shanghai Composite Index opening high and closing low, almost flat at the close, and the market turnover also decreased slightly. Hong Kong stocks further improved on Friday, with the index rising back above the 18,000 point level and market transactions also increasing. The market remains cautious.
China's richest man is going to fight a tough battle.
From a public relations crisis to a sustained decline in share prices, nongfu spring, known as the "Maotai in water", urgently needs to restore investor confidence. This time, Zhong Shanshan stepped forward.
Insiders At Nongfu Spring Sold CN¥69m In Stock, Alluding To Potential Weakness
Many Nongfu Spring Co., Ltd. (HKG:9633) insiders ditched their stock over the past year, which may be of interest to the company's shareholders. Knowing whether insiders are buying is usually more
[Brokerage Focus] CICC lowers Nongfu Spring's (09633) target price by 13.2%, citing weaker than expected performance in the first half of the year.
Jinwu Finance News | CICC International released a research report stating that Nongfu Spring (09633) shareholder Yangshengtang plans to use internal funds of no more than HKD 2 billion to increase its shareholding in the open market, which can be seen as a bullish signal by the market, indicating that the controlling shareholder believes that the company's stocks are undervalued. The bank believes that Nongfu Spring will vigorously invest in market promotion and brand building this summer to maintain its market share, and at the same time accelerate the introduction of new products in the first half of 2024. The bank expects sales to increase by 14.3% in the first half of 2024, with growth rates of 8% for packaged water/tea drinks/functional drinks/fruit juice drinks divisions.
Nongfu Spring Faces Margin Pressure on Fierce Competition -- Market Talk
0333 GMT - Nongfu Spring faces near-term margin pressure amid fierce competition and higher promotional discounts, CCB International analysts Anita Du and Anita Chu say in a note. They think the
What did the market see in Nongfu Spring (09633)'s HKD 2 billion shareholding plan?
In various subtle corners, Nongfu Spring has its own determination and code of conduct, almost unaffected by external interference and not overly ostentatious.
Citigroup: Maintains a "buy" rating for Nongfu Spring (09633) with a target price of 60.15 Hong Kong dollars.
After the market opened today, Citigroup expects to react positively to the news of the major shareholder's shareholding in Nongfu Spring (09633).
Nongfu Spring Backed by Shareholder's Billion-Dollar Trust
Nongfu Spring: Controlling Shareholder Yangshengtang to Buy Back Up to HK$2B in Shares
Nongfu Spring: Controlling Shareholder Yangshengtang to Buy Back Up to HK$2B in Shares
Nongfu Spring: Controlling shareholder Yangshengtang intends to increase shareholding of H shares by no more than 2 billion Hong Kong dollars.
Nongfu Spring (09633.HK) announced that the company has received a notification from its controlling shareholder, Yangshengtang Ltd., regarding its plan to increase shareholding in the company's H shares on the open market with its own funds for approximately six months from the date of the announcement. The plan is based on the recognition of the company's value and the confidence in its future overall business development and growth potential, with a total expected amount not exceeding HKD 2 billion.
Express News | Nongfu Spring - Yangshengtang to Purchase Additional H Shares of Co With Estimated Total Amount up to HK$2 Bln
Taobao App homepage has been updated with a deep collaboration with Eleme, adding a 'hourly delivery' tab.
On the evening of July 3, Taobao App's homepage was updated, and a first-level traffic entrance was added to the 'Hourly Delivery' in the top tab. The merchants within the 'Hourly Delivery' channel will face a wave of public domain traffic from Taobao App. Upon entering the 'Hourly Delivery' channel, it can be seen that in addition to supermarkets and convenience stores such as Hema, Darunfa, and Wumart, brands such as Nongfu Spring, Heineken NV sponsored ADR beer, and Natural Beauty have also opened 'Hourly Delivery Flagship Stores'. It is known that Taobao Hourly Delivery has also formed a deep cooperation with Ele.me, covering categories like supermarkets and convenience stores, pharmacies, fruits and vegetables, alcoholic beverages, and flowers and plants supply, providing users with 24-hour service.
A Look At The Fair Value Of Nongfu Spring Co., Ltd. (HKG:9633)
Key Insights The projected fair value for Nongfu Spring is HK$42.28 based on 2 Stage Free Cash Flow to Equity Nongfu Spring's HK$41.10 share price indicates it is trading at similar levels as its fa
BOCOM Int'l expects the mainland China consumer index to continue to improve in the second half of the year.
Zhì tōng cáijīng APP learned that bocom intl issued a report stating that consumer performance has been slightly lower than expected since early 2024, but improvement is expected in the second half of the year. The bank pointed out that the consensus expectation for revenue growth of 104 consumer goods companies in 2024 has been lowered from 10.7% six months ago to 9.6%, indicating that consumer demand has been healthy but slightly lower than market expectations since the beginning of the year. The downgrade is mainly from essential consumption, and the performance of optional consumption roughly meets expectations. However, the bank maintains a cautiously optimistic attitude towards the second half of the year, as the low base in the second half of the year, hot weather, and the continued warming of the tourism industry are conducive to essential consumption, and international sports events such as the Beijing Winter Olympics are expected to have a positive impact on discretionary consumption.
Nongfu Spring Co., Ltd.'s (HKG:9633) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
It is hard to get excited after looking at Nongfu Spring's (HKG:9633) recent performance, when its stock has declined 10% over the past month. However, stock prices are usually driven by a company's