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Recommend
9
Positive
9
Negative
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GOLDWIND (02208.HK)'s 3Q24 net profit beat forecast, with 3Q24 revenue, supported by WTG sales and ASP, rising 51.5% YoY to RMB15.6 billion, Daiwa released a research report saying. Gross profit fell 4.1 ppts YoY to 14.1%, but remained flat QoQ.Daiwa upgraded the Company from Hold to Outperform, and lifted its target price f...
Recommend
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Positive
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Citi Research issued a research report reiterating rating at Buy on GOLDWIND (02208.HK), and keeping it as its top pick in the industry after the announcement of 3Q24 results of China's wind power sector. The broker elevated its target price from $5.35 to $9. Citi Research expected wind turbine generators (WTG) sales to grow...
Recommend
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Positive
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CHINA LONGYUAN (00916.HK) announced the acquisition of eight renewable energy companies from its parent company, involving an installed capacity of 2.0329 million kilowatts, according to a Citi research report. As the combined capacity increased by 4.9%, the acquisition price seems relatively cheap. Since some of the companies a...
Recommend
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Positive
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Negative
157
The Hong Kong bourse elevated in the morning session. The HSI opened 26 pts higher before the increase widened. At midday, the HSI rallied 342 pts or 1.7% to 20,841. The HSCEI rose 147 pts or 2% to 7,510. The HSTECH gained 105 pts or 2.3% to 4,627. The total market turnover for the first half of the day was $107.927 billion.Auto...
Recommend
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Positive
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Negative
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The HSI picked up 20 points or 0.1% to close at 20,498. The HSCEI added 22 points or 0.3% to close at 7,363. The HSTECH gained 29 points or 0.7% to close at 4,521. The total market turnover for the day amounted to $154.804 billion.Autos led the incline. GEELY AUTO (00175.HK) and LI AUTO-W (02015.HK) swelled 7.1% and 5%, while XP...
Recommend
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Recommend
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