Citigroup: Reaffirms 'buy' rating for Shenzhou International Group Holdings Limited unsponsored ADR (02313), with a target price of HKD 108.

Zhengzhou International (02313) buy rating is reiterated by Citigroup with a target price of HKD 108, according to the research report released by Citigroup.

Zhitong FinanceJul 11 23:20 ET

Shenzhou International Group Holdings Limited unsponsored ADR (02313.HK) experienced a shareholding reduction of 1.0781 million shares by Schroders PLC.

According to the latest equity disclosure information from the Stock Exchange of Hong Kong, on July 4th, 2024, shenzhou international group holdings limited unsponsored adr (02313.HK) was reduced by Schroders PLC on the exchange at an average price of HKD 74.4521 per share, with a total of 1.0781 million shares reduced and a total involved capital of about HKD 80.2668 million. After the reduction, the latest shareholding of Schroders PLC was 104,624,480 shares, and the shareholding ratio decreased from 7.03% to 6.96%.

Gelonghui FinanceJul 9 19:06 ET

Hong Kong stock abnormality | Shenzhou International Group Holdings Limited unsponsored ADR (02313) fell nearly 4% due to core customer Nike's downward revision of the new year's performance guidance. Overall demand for sportswear was still weak in June.

Zhitong Finance APP learned that Shenzhou International Group Holdings Limited unsponsored adr (02313) fell nearly 4%. As of press time, it fell 3.79% to HKD 73.55, with a turnover of HKD 293 million. In terms of news, Nike recently released its Q4 and full-year financial report for fiscal year 2024. The financial report shows that Q4 for fiscal year 2024 has a revenue of USD 12.61 billion, a year-on-year decrease of 2%, lower than the expected USD 12.84 billion. In addition, Nike also expects revenue in Q1 of fiscal year 2025 to decrease by about 10%, while the market expects a decrease of 3.2%. It is reported that Nike is Shenzhou International's largest customer, accounting for 31.1% of its business. Citigroup issued a statement stating that the

Zhitong FinanceJul 4 01:55 ET

Earnings Tell The Story For Shenzhou International Group Holdings Limited (HKG:2313)

When close to half the companies in Hong Kong have price-to-earnings ratios (or "P/E's") below 9x, you may consider Shenzhou International Group Holdings Limited (HKG:2313) as a stock to avoid entirel

Simply Wall StJul 3 00:13 ET

Special subscription V: Ye Shangzhi: China Special Estimate is still the market's preferred choice.

Jinwu Financial News | On July 2, the performance of Hong Kong stocks fluctuated and stabilized on the first trading day of the second half of the year. There are signs of capital reallocation and deployment, which probably stimulated a recovery in market volume. The Hang Seng Index rose 50 points, closing at 17,700 points for the third day in a row, while market turnover also rebounded to close to 120 billion yuan, up from an average of 110.4 billion yuan per day during the year. Around the July 1st anniversary, in addition to announcing an increase in tax exemptions for mainland visitors to Hong Kong, the Mainland also announced the issuance of card-type documents similar to “homecoming permits” to Hong Kong permanent residents who are not Chinese nationals. While measures to benefit Hong Kong continue to be introduced

金吾財訊Jul 3 00:06 ET

Hong Kong stock market fluctuation | Shenzhou International Group Holdings Limited Unsponsored ADR (02313) fell by more than 4% again as its core client Nike lowered its full-year performance guidance. Citigroup still has confidence in the company's perfo

Shenzhou International Group Holdings Limited unsponsored adr (02313) continued to drop by over 4%. As of the time of writing, it fell by 4.32% to HKD 73.15, with a turnover of HKD 249 million.

Zhitong FinanceJul 2 01:54 ET