This Little-Known AI and Games Company Is Worth $100 Billion. How Did We Miss It?
ubs group: assigns bosideng a "buy" rating with a target price of 5.92 Hong Kong dollars.
UBS Group released a research report stating a "buy" rating on Bosideng (03998), believing that the valuation is attractive, and expecting a 13% average annual growth rate in net income for the fiscal years 2025 to 2026, with a dividend yield of 7%. Although its growth potential is higher, the current trading price is still below the industry median, with a target price of 5.92 Hong Kong dollars. The bank expresses optimism towards Bosideng's diversified business strategy, involving outdoor and sun protection products, aimed at capturing sales growth in the summer and autumn over the long term. The bank expects this strategy to enhance the company's profit stability, reduce its dependence on winter, and potentially boost.
UBS Group: assigns a "buy" rating to Cathay Pac Air with a target price of 10.8 HKD.
Ubs Group released a research report stating a 'buy' rating for Cathay Pac Air (00293), still considering Cathay Pac Air as one of the preferred stocks in the Asia-Pacific aviation sector, with a target price of 10.8 Hong Kong dollars. Following Cathay Pacific Aviation's recent repurchase of warrants, it is now being recommended to repurchase the 6.7 billion yuan convertible bonds due in 2026 based on factors such as market conditions, investor demand, and dealer management agreements. Assuming a conversion price per share of 7.92 yuan, and full conversion, the dilution of equity may be as high as 12%. The bank expects a positive market reaction to Cathay Pacific's planned repurchase of convertible bonds. From a fundamental perspective, the bank believes that the market is undervaluing the Cathay Pac Air.
Market Chatter: UBS Fills Investment Banking Roles
Here's How Billionaire Ken Fisher's Hedge Fund Made $14 Billion Last Quarter
Crude oil in the USA rose on Thursday, but the market outlook remains pessimistic.
Crude oil futures rose slightly on Thursday, with the benchmark oil trading price in the usa at about $69 per barrel, but market outlook remains pessimistic. According to the International Energy Agency's monthly market report, global crude oil supply is expected to exceed demand by 1 million barrels per day next year, driven by strong growth in the usa. As of the time of this report, the price of West Texas Intermediate (WTI) futures for December delivery on the New York Mercantile Exchange rose by 49 cents, or 0.7%, to $68.92 per barrel. Year-to-date, this futures has fallen more than 3%. As the global...
Swiss Regulator Issues Strategies to Oversee Banks' Operations
Full text | Bilibili Q3 earnings conference transcript: In the first nine months, nearly 2.7 million content creators earned income on Bilibili.
On the evening of November 14, Beijing time, bilibili (NASDAQ: BILI; HKEX: 9626) released its financial report for the third quarter of 2024, ending September 30: total net revenue was 7.31 billion yuan, a year-on-year increase of 26%. The net loss was 79.8 million yuan, narrowing by 94% year-on-year. Adjusted net income, not in accordance with Generally Accepted Accounting Principles in the usa, was 0.2359 billion yuan, while the net loss in the same period last year was 0.8635 billion yuan. After the financial report was released, bilibili's chairman and CEO Chen Rui, vice chairman and chief operation officer Li Ni, and CFO Fan Xin, along with other company executives, attended the event.
European Investment Banks Set to Benefit From U.S. Activity, JP Morgan Says -- Market Talk
Tencent executives interpret Q3 financial report: the success of games like "Black Myth: Wukong" reflects the full utilization of the advantages of different studios' global strategy.
Tencent (HKEX: 00700) released its financial report for the third quarter of 2024 ending on September 30th today: revenue was 167.2 billion yuan, an 8% year-on-year increase. Net income was 53.2 billion yuan, up 47% year-on-year. Under non-International Financial Reporting Standards, net income was 59.8 billion yuan, up 33% year-on-year. After the financial report was released, Tencent's chairman and CEO, Ma Huateng, president Liu Chiping, chief global strategy officer James Mitchell, and CFO Lo Shuohan, along with other company executives, held a conference call to interpret the key points of the financial report and answer questions from analysts. The following...
Sector Update: Financial Stocks Edge Higher Premarket Wednesday
UBS Hires Ryan Lurie to Lead Arizona Wealth Management Market
Castle Investment warns headhunters: Do not recommend fictitious positions.
Castle Investment has warned external recruiters not to promote non-existent positions. Previously, there were allegations that a top headhunting company misled some global banks' traders, leading them to share confidential information. According to insiders, Ken Griffin's investment firm has recently emailed headhunters, reminding them not to disclose confidential information about Castle Investment or request such information from its employees. Due to the sensitivity of the matter, insiders have requested anonymity. Castle Investment, with approximately 3,000 employees, has instructed headhunters not to share any confidential information about other companies in the industry or distort it.
Macquarie: Rated sjm holdings as "buy" with a target price of 3 Hong Kong dollars.
Macquarie released a research report stating a 'buy' rating for SJM Holdings (00880) with a target price set at 3 Hong Kong dollars. SJM's third-quarter performance meets expectations. Excluding the VIP room luck factor, the bank expects EBITDA for the period to be 0.993 billion yuan, in line with the bank's and the market's general expectations. The company's adjusted EBITDA profit margin for the period is approximately 13.8%, growing by about 110 basis points per quarter, mainly driven by positive operating leverage; gambling revenue (excluding satellite casinos) increased by about 12% on a quarterly basis; and overall casino gross gaming revenue (GGR) (excluding satellite casinos) increased by about 7% per quarter, mainly due to Macau's recovery.
UBS Group: Reiterates 'buy' rating on U-Presid China, target price raised to 9.14 Hong Kong dollars
UBS Group released a research report stating that it has raised its net income forecast for U-PIsed China (00220) for the fiscal years 2024 to 2026 by 10% to 13%, while also increasing its target price from HK$8.05 to HK$9.14, reiterating a 'buy' rating. The company's net income for the first nine months of this year increased by 11.4% year-on-year, slightly lower than the market's general expectation of a 13% year-on-year increase, but still better than the bank's expectation. The bank believes that the continued consolidation of U-PIsed's food and beverage sectors will moderately improve its R&D cost efficiency. The bank forecasts that profit growth in the fourth quarter will be mainly driven by revenue growth. With the previous losses in the beverage sector
Market Chatter: US Launches Inquiry on Credit Suisse's Russian Clients Amid UBS Merger
Express News | 'US Scrutinizes Russia Accounts UBS Took Over From Credit Suisse, Sources Say' - Reuters
Daily short sale tracking: MARA Holdings's short volume increased by 7 million, with a short sale ratio of 9%
Update: Market Chatter: Partners Group Hires Banks for Potential Listing of Conveyor-belt Maker Ammega
Morgan Stanley Maintains UBS Group(UBS.US) With Buy Rating, Raises Target Price to $38.57