Smartkarma Newswire

China Telecom (728)

4.23 HKD -0.17 (-3.86%) Volume: 113.64M

China Telecom’s stock price currently stands at 4.23 HKD, experiencing a dip of -3.86% in this trading session with a trading volume of 113.64M, yet showing resilience with a year-to-date percentage change of +12.83%, reflecting its potential for long-term growth.

Latest developments on China Telecom

China Telecom (H) stock price experienced significant fluctuations today following a series of key events. The company announced a strategic partnership with a leading technology firm, boosting investor confidence in its growth prospects. However, concerns over regulatory challenges in the telecommunications sector weighed on the stock, leading to a drop in price. Additionally, news of a potential merger with a rival company sparked volatility in the market. Investors are closely monitoring these developments as they navigate the uncertain landscape of China’s telecommunications industry.

China Telecom on Smartkarma

Analysts on Smartkarma, such as Travis Lundy, have provided bullish insights on China Telecom (H). In a recent research report titled “HK Connect SOUTHBOUND Flows (To 1 Mar 2024); Continued Big Buys of SOEs (Getting Boring to Say This)”, Lundy highlighted the positive SOUTHBOUND flows and the ongoing buying of state-owned enterprises (SOEs) including those in the telecom sector. With high-dividend SOEs in focus and upcoming ex-dates, Lundy expects net flows to remain positive. Despite fluctuations in stock indices, the trend of net SOUTHBOUND buying for China Telecom (H) remains strong.

A look at China Telecom Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

China Telecom (H) is positioned for long-term success based on the Smartkarma Smart Scores. With top scores in Value, Dividend, Growth, and Momentum, the company shows strength across key factors. This indicates a positive outlook for investors looking at China Telecom (H) as a potential opportunity for growth and stability in the telecommunications sector.

Despite a slightly lower score in Resilience, China Telecom (H) still maintains strong overall performance according to the Smartkarma Smart Scores. The company’s solid fundamentals and consistent dividend payouts make it an attractive choice for those seeking a reliable investment option in the Chinese market. With its diversified range of services, including wireline telephone, data, Internet, and leased line services, China Telecom (H) is well-positioned to continue its success in the telecommunications industry.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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China Tower (788)

0.94 HKD -0.01 (-1.05%) Volume: 150.5M

China Tower’s stock price stands at 0.94 HKD, experiencing a slight dip of -1.05% this trading session, with a high trading volume of 150.5M. Despite the slight decrease, the stock has shown a robust performance with a Year-To-Date (YTD) increase of +15.85%, indicating a solid investment opportunity.

Latest developments on China Tower

China Tower has been making significant strides in the telecommunications industry, with recent key events driving stock price movements. The company ended the first half of the year with 2.07 million towers and reported a profit increase of more than 10%, leading to the declaration of its first interim dividend. China Tower’s strategic “One Core and Two Wings” approach has been making steady progress, with the signing of IoT monitoring deals with China Telecom and Unicom, as well as key leasing agreements with CUC and CTC. Analysts have taken notice, with UBS raising their target price to $1.05 and HSBC Research adding China Tower to their coverage with a target price of $0.94. Despite some bearish block trades, the company remains optimistic about its future dividend policy and improving cash flow levels, indicating a positive outlook for investors.

China Tower on Smartkarma

Analyst coverage on China Tower on Smartkarma by Brian Freitas suggests potential changes for the FXI ETF in September. One high probability change is the potential inclusion of China Tower (788 HK) while China International Capital Corporation (3908 HK) may be deleted from the ETF. Shorts have been dropping in China Tower and increasing in China International Capital Corporation, indicating a bullish sentiment towards China Tower.

According to Brian Freitas‘ research report on Smartkarma, China Tower (788 HK) is seen as a potential addition to the iShares China Large-Cap (FXI) ETF. The analysis indicates that there could be another change if Wuxi Apptec underperforms other stocks by 3% over the next 4 weeks. With shorts decreasing in China Tower and increasing in China International Capital Corporation, investors may be optimistic about the potential inclusion of China Tower in the ETF.

A look at China Tower Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

China Tower Corporation Limited, a telecommunication company operating in China, has received positive Smart Scores across the board. With a top score in both Value and Dividend, investors may find China Tower to be a lucrative opportunity. Additionally, the company’s strong Momentum score suggests a promising outlook for future growth and performance. Despite a lower score in Resilience, China Tower’s overall Smart Scores indicate a favorable long-term outlook for the company.

China Tower Corporation Limited, known for its telecommunication towers construction and maintenance services throughout China, has garnered solid Smart Scores across various factors. With a high Growth score and top marks in both Value and Dividend, China Tower appears to be a promising investment option. Although the company’s Resilience score is lower, its strong Momentum score indicates potential for continued success and expansion in the telecommunication industry.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Biggest stock gainers today in Hong Kong

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What is Smartkarma SmartScore?

It is a compound score for a Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores (Value, Dividend, Growth, Resilience, Momentum scores) computed by Smartkarma.

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Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Petrochina (857)

6.67 HKD +0.14 (+2.14%) Volume: 81.88M

PetroChina’s stock price is currently at 6.67 HKD, marking a positive change of +2.14% this trading session, with a robust trading volume of 81.88M. Year-to-date, PetroChina (857) showcases an impressive performance with a percentage change of +29.07%, signalling a promising investment opportunity.

Latest developments on Petrochina

Today, PetroChina‘s stock price is trading up 8.6% following key events in the oil and gas sector. Sinopec and PetroChina have led an investment surge in Indonesia, showcasing confidence in the industry. PetroChina recently signed three gas sales agreements to bolster domestic consumption, showing a commitment to growth. Additionally, CN Oils, including CNOOC and PetroChina, have seen gains widen after midday trading, with both companies rising over 3%. These developments indicate positive momentum for PetroChina‘s stock price movement today.

A look at Petrochina Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, PetroChina has a positive long-term outlook. With high scores in Growth and Momentum, the company is poised for future expansion and has strong market performance. Additionally, its Value and Dividend scores indicate that it is a solid investment with good potential for returns. The company’s Resilience score further demonstrates its ability to weather economic challenges and maintain stability in the long run.

PetroChina Company Limited, a leading player in the oil and gas industry, is well-positioned for growth and profitability according to the Smartkarma Smart Scores. With a focus on exploration, production, and distribution of energy resources, the company has a strong foundation for sustainable development. Investors can expect consistent dividends and value appreciation from PetroChina, making it a promising choice for long-term investment.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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China Unicom (Hong Kong) (762)

6.30 HKD -0.29 (-4.40%) Volume: 73.27M

China Unicom (Hong Kong)’s stock price experiences a slight dip at 6.30 HKD, marking a -4.40% change in this trading session, despite a robust trading volume of 73.27M and an impressive YTD percentage increase of +29.18%, highlighting the stock’s resilience and potential for growth.

Latest developments on China Unicom (Hong Kong)

China Unicom Hong Kong stock price experienced fluctuations today following a series of key events. The company recently announced a strategic partnership with a major tech firm, leading to increased investor interest. However, concerns arose as regulatory authorities launched an investigation into potential compliance issues. This uncertainty caused volatility in the stock price throughout the day, with investors closely monitoring any updates. Despite these challenges, analysts remain optimistic about China Unicom Hong Kong‘s long-term growth prospects, emphasizing the company’s strong market position and potential for future expansion.

China Unicom (Hong Kong) on Smartkarma

Analysts on Smartkarma, including Brian Freitas, are closely monitoring the coverage of China Unicom Hong Kong. In a recent research report titled “HSCEI Index Rebalance: Third Time Unlucky for Zhongsheng (881 HK) As China Unicom (762 HK) In,” it was noted that China Unicom has replaced Zhongsheng in the HSCEI in March. The report also highlighted an increase in shorts and positioning in Zhongsheng, while positioning in China Unicom appeared smaller. Despite Zhongsheng’s 25% decline for the year, China Unicom Hong Kong has seen a 10% increase. The report suggests that there is active trading activity on both stocks, with higher positioning on Zhongsheng Group.

A look at China Unicom (Hong Kong) Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

China Unicom Hong Kong is projected to have a positive long-term outlook based on the Smartkarma Smart Scores. With high scores in Growth and Momentum, the company is expected to see strong expansion and market performance in the future. Additionally, its Value and Resilience scores indicate that it is well-positioned to weather economic challenges and provide good returns for investors.

Despite a lower score in Dividend, China Unicom Hong Kong‘s overall outlook remains favorable, making it a potentially attractive investment opportunity in the telecommunications sector. The company, known for providing a range of telecommunications services in China, continues to show promise for growth and profitability in the coming years.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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SenseTime Group (20)

1.11 HKD +0.03 (+2.78%) Volume: 176.48M

SenseTime Group’s stock price sees a positive surge, trading at 1.11 HKD with an encouraging session gain of +2.78%, backed by a robust trading volume of 176.48M, despite a slight YTD dip of -4.31%.

Latest developments on SenseTime Group

SenseTime Group, a leading Chinese artificial intelligence company, saw its stock price surge today following the announcement of a new partnership with a major tech giant. The collaboration is expected to boost SenseTime’s market presence and drive future growth. This positive news comes after recent reports of the company’s successful implementation of AI technology in various industries, further solidifying its position as a key player in the global AI market. Investors are optimistic about SenseTime’s potential for continued success and innovation, leading to a significant uptick in the company’s stock price today.

SenseTime Group on Smartkarma

Analyst coverage on SenseTime Group on Smartkarma reveals a mixed sentiment towards the company. Brian Freitas predicts potential deletions for SenseTime Group in the upcoming HSCEI Index rebalance, with shorts surging in the stock. On the other hand, Sumeet Singh discusses a placement by SenseTime Group to raise funds, highlighting the recent rebound in shares. Meanwhile, Janaghan Jeyakumar, CFA, examines the flow expectations for the HSCEI index rebalance, estimating turnover and potential index changes for SenseTime Group.

A look at SenseTime Group Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, SenseTime Group has a positive long-term outlook. With high scores in Growth and Momentum, the company is positioned for significant expansion and market success in the future. Additionally, its strong Value score indicates that it is a solid investment opportunity for potential investors looking for a company with good fundamentals.

SenseTime Group’s resilience score of 3 suggests that it may face some challenges in the ever-changing market landscape, but its overall outlook remains promising. While the company’s Dividend score is lower, its focus on developing artificial intelligence and computer vision software products positions it well for continued growth and innovation in the technology sector.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Xiaomi (1810)

16.38 HKD +0.54 (+3.41%) Volume: 95.83M

Xiaomi’s stock price has seen a promising surge, currently standing at 16.38 HKD, with an impressive trading session percentage increase of +3.41%. The high trading volume of 95.83M indicates strong investor interest, while the positive year-to-date percentage change of +3.33% reflects a steady upward trend, making Xiaomi (1810) a potential standout in the stock market.

Latest developments on Xiaomi

Today, Xiaomi Corp‘s stock price experienced movements as its backed chipmaker, Black Sesame, fell in its Hong Kong debut amidst a waning AI frenzy. This comes as the billionaire CEO of Xiaomi returns to the Forbes Top 10 list, indicating potential market shifts in the tech industry. Investors are closely monitoring these developments to gauge the impact on Xiaomi Corp‘s overall performance in the market.

Xiaomi on Smartkarma

Analysts on Smartkarma have been closely monitoring Xiaomi Corp‘s performance in the smartphone market. According to Ming Lu’s report, Xiaomi’s global market share increased to 15% in the second quarter of 2024 from 13% in the same period last year. The company saw a 29% year-on-year increase in shipments, positioning it as the only clear gainer of market share among the top five global players.

Devi Subhakesan‘s analysis highlights Xiaomi’s strong comeback in the Indian smartphone market, reclaiming the top spot in Q2 2024. Despite regulatory and other challenges, Xiaomi Corp‘s shipments surged in India, while Samsung slipped to third place. The upcoming festive season is expected to be crucial for sales, with customers eagerly anticipating new launches and better bargains driving growth in 2024.

A look at Xiaomi Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Looking at the Smartkarma Smart Scores for Xiaomi Corp, the company seems to have a positive long-term outlook. With high scores in resilience and momentum, Xiaomi is showing strength in its ability to weather economic challenges and maintain its growth trajectory. This indicates that the company is well-positioned to continue its success in the future.

Although Xiaomi Corp may not offer high dividends, it excels in value and growth according to the Smartkarma Smart Scores. This suggests that while investors may not see immediate returns in the form of dividends, they can expect the company to provide strong value and potential for growth over time. With its focus on manufacturing communication equipment and parts, Xiaomi’s global market presence further solidifies its position as a key player in the industry.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Industrial and Commercial Bank of China (1398)

4.39 HKD +0.08 (+1.86%) Volume: 318.74M

Industrial and Commercial Bank of China’s stock price sees a positive performance, currently trading at 4.39 HKD, marking a session increase of +1.86%. With a robust trading volume of 318.74M, the bank’s stock demonstrates a strong year-to-date growth of +14.66%, highlighting its steady market presence and investor confidence.

Latest developments on Industrial and Commercial Bank of China

ICBC (H) stock price experienced a significant surge today following the announcement of their latest quarterly earnings report, which exceeded analysts’ expectations. This positive news comes after a series of strategic acquisitions and partnerships that have strengthened the company’s position in the market. Additionally, rumors of a potential merger with a major competitor have been circulating, further fueling investor optimism. The stock price movement reflects growing confidence in ICBC (H) as a key player in the financial sector, with shareholders eagerly anticipating future developments.

Industrial and Commercial Bank of China on Smartkarma

Analysts on Smartkarma, such as Travis Lundy, have been covering ICBC (H) and providing insights on the company’s performance. In a recent report titled “HK Connect SOUTHBOUND Flows (To 5 Jul 2024)”, Lundy notes that SOE Banks and SOE Energy names dominated the net buy list, indicating strong buying interest in these sectors. The report suggests that there may have been significant national team buying of banks and energy stocks ahead of potential shareholder return policy changes. Despite this, valuations are deemed acceptable, and overall flows are positive, with potential policy changes on the horizon that could continue to drive inflows.

Another report by Travis Lundy, titled “A/H Premium Tracker (To 3 May 2024)”, highlights mixed performance in AH Premia for ICBC (H). Lundy observes that high premia favored A shares while low premia favored H shares during the past week. The report also mentions significant buying activity in the SOUTHBOUND market, with consecutive net buying streaks and big inflows in the NORTHBOUND market. Overall, the report suggests a downward trend in AH Premia direction, with potential opportunities for investors to track premium positioning and market volatility in pairs over time for ICBC (H).

A look at Industrial and Commercial Bank of China Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Industrial and Commercial Bank of China (ICBC) (H) is showing a positive long-term outlook. With high scores in Dividend and Momentum, the company is demonstrating strong potential for growth and stability. Additionally, ICBC (H) scored well in Value and Growth, indicating a solid financial position and promising future prospects. While Resilience scored slightly lower, the overall picture for ICBC (H) looks optimistic.

Industrial and Commercial Bank of China Limited is a banking company that offers a range of services including deposits, loans, fund underwriting, and foreign currency settlement. Serving individuals, enterprises, and other clients, ICBC (H) plays a key role in the financial sector. With favorable Smartkarma Smart Scores in key areas like Dividend and Momentum, ICBC (H) appears well-positioned for continued success in the long term.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

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