$WUXI APPTEC (02359.HK)$’s interim net profit slipped 20%, and the stock opened 3% higher at $29.6.$WUXI BIO (02269.HK)$, under the same series, lifted 1.3%. Zhong Shanshan's YANGSHENGTANG increased stake in$NONGFU SPRING (09633.HK)$by a total of 1.83 million shares, and the stock opened flat at $30.4 this morning.
$NONGFU SPRING (09633.HK)$ BEIJING: China’s richest man is at risk of losing the pole position he’s held for almost three years, with his wealth slipping the most among billionaires worldwide as intensifying competition and public relations challenges plague his bottled water giant. Zhong Shanshan, chairman of Hangzhou-based Nongfu Spring Co, has lost US$13 billion so far in 2024, according to the Bloomberg Billionaires Index, with a fo...
BABA's Taobao Tmall Group announced a major upgrade to Taobao's "Xiaoshida" business to enhance the synergy between Ele.me's instant delivery service and Taobao's instant retail service. Merchants on Ele.me will now directly access the "Xiaoshida" channel on the Taobao App, covering categories such as supermarkets, convenience stores, pharmacies, and more, providing users with 24-hour local lifestyle services. "Xiaoshida" is open to...
$NONGFU SPRING (09633.HK)$big juicy scandal at nongfu yet fully covered up by western media shows only 2 things, the allegations are true and the western media are fully manipulated
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Regarding the Nongfu Spring incident, the stock market continued to fall seriously
Significant insider selling at Nongfu Spring over the last three months, with no recorded purchases, raises caution. Despite high insider ownership, the history of share sales is concerning. The company's profitability and growth are positive, but the lack of insider buying in the last twelve months is noted.
Nongfu Spring's high P/E ratio, inflated by optimism, could face downward pressure due to earnings growth. The current share price may be riskily high, unsupported by anticipated future earnings.
Nongfu Spring's increased ROCE and capital highlight reinvestment in the business yielding higher returns and potential growth. However, elevated current liabilities could pose risks. With proven reinvestment ability and returns, analysts recommend further investigation into Nongfu Spring's future.
Hong Kong stocks rose strongly last week as economic data verified recovery The rise of Hong Kong stocks last week was mainly catalyzed by positive domestic economic data. On March 1, 2023, the National Bureau of Statistics announced the PMI data for February 2023. The manufacturing PMI was 52.6%, the previous value was 50.1%, the non-manufacturing PMI was 56.3...
NFU Futures(AUG4) Forum
BEIJING: China’s richest man is at risk of losing the pole position he’s held for almost three years, with his wealth slipping the most among billionaires worldwide as intensifying competition and public relations challenges plague his bottled water giant.
Zhong Shanshan, chairman of Hangzhou-based Nongfu Spring Co, has lost US$13 billion so far in 2024, according to the Bloomberg Billionaires Index, with a fo...
Merchants on Ele.me will now directly access the "Xiaoshida" channel on the Taobao App, covering categories such as supermarkets, convenience stores, pharmacies, and more, providing users with 24-hour local lifestyle services.
"Xiaoshida" is open to...
$NONGFU SPRING (09633.HK)$
The rise of Hong Kong stocks last week was mainly catalyzed by positive domestic economic data. On March 1, 2023, the National Bureau of Statistics announced the PMI data for February 2023. The manufacturing PMI was 52.6%, the previous value was 50.1%, the non-manufacturing PMI was 56.3...
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