Zoomlion (000157 CH) - 1H24 Earnings Below Expectation
Our TP for Zoomlion A/H is revised down to RMB10.5/HK$6.8 with 2024E target P/E multiple unchanged at 22x/13x. Maintain BUY.
180 Views
China & HK Strategy: Names to Watch for Market Value Management
CSRC's Market Value Management Guidelines will benefit the H-share banks and infrastructure construction companies because their A-shares have P/B...
178 Views
Zoomlion (1157 HK) - Right Strategy on Product & Global Expansion
We are convinced by Zoomlion’s impressive global expansion strategy. On the product side, the offering of full range of machinery through an...
175 Views
Zoomlion (000157 CH) - 2023 Net Profit in Line; Overseas Strategy a Successful Pay-Off
Zoomlion’s net profit in 2023 grew 51% YoY to RMB3.55bn, in line with the preannounced profit range of RMB3.38-3.62bn. Zoomlion proposed dividends...
190 Views
Lonking (3339 HK): Setting the Stage for Better Profitability
Lonking expects 1H24 earnings to grow by 33-50% YoY, signaling a much stronger full-year performance than market consensus. Industry sales...
280 Views