No Data
Goldman Sachs: Maintains KUAISHOU-W "Buy" rating with a Target Price of HKD 62.
Goldman Sachs released a Research Report stating that it maintains a Buy rating for KUAISHOU-W (01024), with a 12-month Target Price of HKD 62, based on PE valuation (the target PE is 12 times the average expected EPS for 2025-2026). The firm mentioned that, on one hand, KUAISHOU's AI Global Strategy and the monetization potential of Kuaishou's video editing app are extremely noteworthy, with management believing KUAISHOU possesses a technological advantage in AI. On the other hand, the management expects the advertising Business to achieve a year-on-year growth of 14-15% in 2025 despite a high base, while also estimating that the E-Commerce Business will have a total Commodity trading volume for 2025.
Goldman Sachs: Hedge funds are wildly selling off Technology stocks, setting the fastest record in six years.
Goldman Sachs' data shows that hedge funds significantly reduced their Global Information Technology Stocks Hold Positions this week, setting a record for the most intense sell-off in this Sector in nearly six months, and in nominal value, it is the second largest Shareholding action in the past five years.
Hong Kong Stock Morning Report | The State Administration for Market Regulation is reviewing CKH HOLDINGS' port Trade. CHINA RES GAS reported a net profit decrease of over 20% year-on-year last year.
① Trump: Any tariff agreement will be reached after the measures take effect on April 2. ② State Administration for Market Regulation: Review of CKH HOLDINGS port Trade will be conducted in accordance with the law. ③ Four major Banks, including Bank of China, China Construction Bank, Agricultural Bank of China, and Postal Savings Bank, announced plans for a private placement to introduce strategic investment from the Ministry of Finance, with a total amount of 500 billion yuan. ④ Gou Ping, Deputy Director of the State-owned Assets Supervision and Administration Commission: Strategic restructuring of state-owned automobile enterprises.
Weekend headlines: Trump threatens to impose secondary tariffs on Russia and Iran. Gold continues to reach new highs. Goldman Sachs raises the probability of a recession in the USA. xAI acquired X.
For more global financial News, please visit the 7×24 hours real-time financial news. Last week market review: All three major stock indexes recorded declines this week. Uncertainty around tariffs and inflation data has raised concerns. On March 28, the top 20 trading volumes in the US stock market: Trump's tariffs and consumer downgrade caused Lululemon to drop 14%. On Friday, China Concept Stocks generally fell, with Taiwan Semiconductor down 1.78% and Alibaba down 2.36%. US WTI Crude Oil rose 1.6% this week, marking the third consecutive week of increases. International Gold continues to reach historical highs, and COMEX Silver Futures accumulated nearly 4% increase this week. Major European stock indexes collectively declined, Germany.
Inside Apple's Silent Revolution—AI Doctors, Nutrition Tech, And A New Retail Boss
What to Expect in the Week Ahead ('Liberation Day' Tariff Plan; Jobs Report)
