Smartkarma Newswire

Net Income: Petronas Gas reported a net income of 469.0 million ringgit for the second quarter.
Revenue: The company achieved a revenue of 1.65 billion ringgit during the same period.
Earnings Per Share (EPS): EPS for the second quarter stood at 23.7 sen.
Analyst Ratings: The company has received five “buy” ratings, ten “hold” ratings, and zero “sell” ratings from analysts.

A look at Petronas Gas Smart Scores

Factor	Score	Magnitude
Value	2
Dividend	4
Growth	3
Resilience	4
Momentum	4
OVERALL SMART SCORE	3.4

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, Petronas Gas shows a promising long-term outlook as indicated by its overall scores. With high rankings in Dividend, Resilience, and Momentum, the company is positioned well for steady growth and consistent returns for investors. The company’s focus on dividend payouts, strong resilience to market fluctuations, and positive momentum in its operations bode well for its future performance. While there may be room for improvement in areas like Value and Growth, the overall outlook for Petronas Gas appears solid.

As a company that processes and distributes natural gas components, Petronas Gas Berhad plays a crucial role in the energy sector. By extracting and transporting natural gas from offshore fields, the company not only provides essential utilities to petrochemical plants but also engages in trading activities. This strategic positioning within the energy supply chain contributes to its overall resilience and stability, reflected in the favorable Smart Scores in Dividend, Resilience, and Momentum. With a focus on expanding growth opportunities, Petronas Gas is set to navigate the evolving energy landscape with confidence.

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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Aug 20

0

Vipshop Holdings (VIPS) Earnings: 3Q Net Revenue Forecast Misses Estimates, Solid 2Q Performance Achieved

Vipshop’s forecast for net revenue in the third quarter of 2024 is between 20.5 billion yuan and 21.6 billion yuan, below the estimated 22.77 billion yuan.
Adjusted earnings per American depositary receipts in the second quarter were 3.91 yuan, compared to 4.30 yuan the previous year, slightly above the estimate of 3.89 yuan.
The number of active customers decreased by 3.1% year-over-year to 44.3 million, below the estimate of 44.42 million.
Operating margin increased to 8.3% from 6.9% in the previous year.
Adjusted operating margin improved to 9.5% from 8.2% year-over-year.
Adjusted operating income rose by 12% year-over-year to 2.56 billion yuan, surpassing the estimate of 2.42 billion yuan.
Net revenue for the second quarter was 26.88 billion yuan, a decrease of 3.6% year-over-year, but slightly above the estimate of 26.6 billion yuan.
For the third quarter of 2024, Vipshop expects a year-over-year decrease in total net revenues of approximately 10% to 5%.
Mr. Mark Wang, Vipshop’s CFO, noted that the company achieved solid profitability in Q2 despite ongoing pressure on topline growth.
Analyst ratings include 20 buys, 9 holds, and 0 sells.

Vipshop Holdings on Smartkarma

Independent analysts on Smartkarma are optimistic about Vipshop Holdings. Wium Malan, CFA, in their report, “Vipshop: Net Cash at 40% of Market Cap, Now Paying Dividends and Buying Back Shares,” highlights the company’s strong balance sheet, buybacks, dividends, and attractive valuation. With net cash at around 40% of its market cap, Vipshop’s ongoing share repurchase program and dividend policy are seen as supportive factors. The company’s low PE ratio and expected earnings growth make it an appealing investment.

Another analyst, Ying Pan, shares a bullish outlook in the report titled “[Vipshop (VIPS US, BUY, TP US$20.4)TP Change]: Will Live for the Moment Consumption Persist in 2024?” Pan discusses Vipshop’s performance trends, with a focus on the themes of “live for the moment” consumption and consumption downgrade driving growth. By maintaining a BUY rating and raising the price target to US$20.4, Pan anticipates further positive momentum for Vipshop, highlighting the potential for continued growth in the coming year.

A look at Vipshop Holdings Smart Scores

Factor	Score	Magnitude
Value	4
Dividend	4
Growth	4
Resilience	5
Momentum	3
OVERALL SMART SCORE	4.0

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

The long-term outlook for Vipshop Holdings looks promising based on the Smartkarma Smart Scores analysis. The company receives high marks in areas such as Value, Dividend, and Growth, with scores of 4 across the board. This indicates that Vipshop Holdings is seen favorably in terms of its valuation, dividend payouts, and potential for growth. Additionally, the company excels in Resilience, scoring a 5, highlighting its ability to weather economic uncertainties. While the Momentum score of 3 suggests some room for improvement in this aspect, overall, Vipshop Holdings appears to be well-positioned for sustained success.

Vipshop Holdings Ltd. is a retail company that focuses on offering branded products at discounted prices through online flash sales. With a strong emphasis on providing value to customers through limited-time discounts, the company has established itself as a key player in the online retail space. The Smartkarma Smart Scores for Vipshop Holdings underscore its solid fundamentals, indicating a company with strong potential for long-term growth and resilience in the face of market fluctuations.

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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Aug 20

0

Shandong Nanshan Aluminum A (600219) Earnings: 1H Net Income Hits 2.19B Yuan with Revenue at 15.67B Yuan

Nanshan Aluminum 1H 2024 Performance:
Net income: 2.19 billion yuan
Revenue: 15.67 billion yuan
EPS (Earnings per Share): 19 RMB cents
Analyst Ratings:

8 buys
0 holds
0 sells

A look at Shandong Nanshan Aluminum A Smart Scores

Factor	Score	Magnitude
Value	5
Dividend	5
Growth	4
Resilience	4
Momentum	5
OVERALL SMART SCORE	4.6

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

Shandong Nanshan Aluminum A is looking bright in the long run, as indicated by the Smartkarma Smart Scores. With a stellar 5 out of 5 score in Value and Dividend, the company shows strong fundamentals and commitment to rewarding its investors. Additionally, scoring a solid 4 in both Growth and Resilience, Shandong Nanshan Aluminum A demonstrates promising potential for future expansion and the ability to weather market challenges. And with a perfect 5 in Momentum, the company is showing strong positive market sentiment and performance.

Shandong Nanshan Aluminum Co., Ltd. is a company known for its diverse portfolio, ranging from aluminum products like electrolytic and section aluminum to worsted woolen products including soybean fiber fabrics, silk fabrics, wool/flax fabrics, and cashmere. In addition, the company is involved in the electricity generation and supply sector. With top scores in important areas, Shandong Nanshan Aluminum A appears well-positioned for sustained growth and stability 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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Aug 20

0

Impressive Surge: GigaDevice Semiconductor (603986) Earnings Soar with 54% Net Income Growth in 1H

GigaDevice Semiconductor’s net income for the first half of 2024 reached 517.0 million yuan.
This represents a 54% increase compared to the previous year, where net income was 336.0 million yuan.
Total revenue for the first half of 2024 amounted to 3.61 billion yuan.
Revenue has grown by 22% year over year.
Investment analysts’ ratings include 27 buys, 4 holds, and 0 sells.
These comparisons are based on the company’s original disclosed values.

A look at GigaDevice Semiconductor Smart Scores

Factor	Score	Magnitude
Value	2
Dividend	3
Growth	2
Resilience	5
Momentum	5
OVERALL SMART SCORE	3.4

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, GigaDevice Semiconductor shows a promising long-term outlook. With a high Resilience score of 5, the company demonstrates a strong ability to withstand market challenges and maintain stability over time, providing a sense of security for investors. Additionally, its Momentum score of 5 suggests that GigaDevice Semiconductor is currently experiencing positive growth trends and investor interest, which could potentially lead to further advancements and value creation in the future.

While the Value and Growth scores are more moderate at 2, indicating room for improvement in terms of valuation and expansion opportunities, the Dividend score of 3 suggests a moderate level of dividend payouts to investors. Overall, GigaDevice Semiconductor’s solid Resilience and Momentum scores point towards a company with a strong foundation and growth potential in the semiconductor industry.

**Summary:** GigaDevice Semiconductor Inc. manufactures and distributes non-volatile memory devices, including memory cards, controllers, flash chips, integrated circuits, and other related products. The company also engages in goods and technology import/export, import/export agency, and other related businesses.

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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Aug 20

0

Kuaishou Technology (1024) Earnings: 2Q Revenue Surpasses Estimates with Significant Growth in Net Income

Total Revenue for Q2 2024: 30.98 billion yuan, a 12% increase year-over-year and higher than the 30.37 billion yuan estimate.
Online Marketing Services: Revenue reached 17.52 billion yuan, up 22% year-over-year, slightly missing the estimate of 17.59 billion yuan.
Live Streaming Revenue: Declined by 6.7% year-over-year to 9.30 billion yuan, exceeding the estimate of 8.59 billion yuan.
Other Services Revenue: Grew by 21% year-over-year to 4.16 billion yuan, narrowly missing the estimate of 4.21 billion yuan.
Net Income for Q2: 3.98 billion yuan, significantly higher than 1.48 billion yuan year-over-year and above the estimate of 3.48 billion yuan.
Adjusted Net Income: 4.68 billion yuan, a 74% increase year-over-year, beating the estimate of 4.34 billion yuan.
Adjusted EBITDA: Reached 6.34 billion yuan, surpassing the estimate of 6.01 billion yuan.
Gross Margin: Improved to 55.3%, compared to 50.2% year-over-year and above the estimate of 54.6%.
R&D Expenses: Decreased by 11% year-over-year to 2.81 billion yuan, below the estimate of 2.89 billion yuan.
Average Monthly Active Users (MAUs): 691.80 million, slightly under the estimate of 698.94 million.
Selling and Marketing Expenses: Increased by 16% year-over-year to 10.04 billion yuan, above the estimate of 9.8 billion yuan.

First Half Revenue for 2024: 60.38 billion yuan, up 14% year-over-year.
First Half Online Marketing Services Revenue: 34.17 billion yuan, up 25% year-over-year.
First Half Live Streaming Revenue: Declined by 7.3% year-over-year to 17.88 billion yuan.
First Half Net Income: 8.10 billion yuan, a substantial increase compared to 605 million yuan year-over-year.
First Half Adjusted Net Income: 9.07 billion yuan, up from 2.74 billion yuan year-over-year.

Analyst Ratings: 49 buys, 4 holds, and 1 sell.

Kuaishou Technology on Smartkarma

Analyst Coverage of <a href="https://smartkarma.com/entities/kuaishou-technology">Kuaishou Technology</a> on Smartkarma

Analysts Ming Lu and Ying Pan have been closely following Kuaishou Technology on Smartkarma, an independent investment research network. Ming Lu, in a bullish outlook, anticipates significant growth for Kuaishou in the second quarter of 2024. Expecting an 11% year-over-year revenue increase and the company’s fifth consecutive profitable quarter, Lu emphasizes the strength in both advertising and e-commerce revenue growth. With an optimistic upside potential of 140% and a price target of HK$104 by the end of 2025, Ming Lu recommends a “Buy” rating on Kuaishou.

Similarly, analyst Ying Pan highlights Kuaishou’s robust performance driven by Generative AI, resulting in a target price increase to HK$83. Pan underscores the company’s outperformance in the off-season, crediting the growth to Generative AI’s impact on the advertising business. Reiterating a “Buy” rating, Pan sets a target price that implies 17x PE in 2025. With consistent positive results and promising future prospects, analysts on Smartkarma continue to show confidence in the growth trajectory of Kuaishou Technology.

A look at Kuaishou Technology Smart Scores

Factor	Score	Magnitude
Value	2
Dividend	1
Growth	5
Resilience	5
Momentum	4
OVERALL SMART SCORE	3.4

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

Kuaishou Technology, an innovative content community and social platform, seems poised for long-term success based on its Smartkarma Smart Scores analysis. The company has scored high in Growth, Resilience, and Momentum, indicating strong potential for expansion, adaptability, and market performance. This suggests that Kuaishou Technology is well-positioned to capitalize on future opportunities and navigate challenges effectively, making it an appealing prospect for investors seeking sustained growth.

Although Kuaishou Technology shows promise in various areas, it is essential to note that its Value and Dividend scores are comparatively lower. This suggests that the company may not be perceived as undervalued and does not emphasize dividend payouts. Despite these factors, Kuaishou Technology‘s focus on growth, resilience, and momentum highlights its strategic direction and market competitiveness, positioning it as a key player in the content creation and social platform industry.

### Summary: Kuaishou Technology operates as a content community and social platform, facilitating the creation, uploading, and viewing of short videos on mobile devices worldwide. ###

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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Aug 20

0

China Petroleum & Chemical’s Stock Price Dips to 4.96 HKD, Reflecting a 1.20% Decline: A Closer Look at Market Performance

China Petroleum & Chemical (386)

4.96 HKD -0.06 (-1.20%) Volume: 61.16M

China Petroleum & Chemical’s stock price is currently at 4.96 HKD, experiencing a slight decrease of -1.20% this trading session, with a trading volume of 61.16M. Despite the recent drop, the stock shows a strong performance with a year-to-date increase of +21.27%, highlighting its potential for growth and profitability.

Latest developments on China Petroleum & Chemical

China Petroleum & Chemical (OTCMKTS:SNPMF) stock price saw a 1.2% increase today, following recent developments in the energy sector. The company has been making strategic moves to expand its presence in the market, including investments in renewable energy projects and partnerships with key industry players. This positive momentum in trading reflects investor confidence in China Petroleum & Chemical‘s future growth prospects. Analysts are closely monitoring the company’s performance as it navigates the evolving energy landscape and capitalizes on emerging opportunities.

A look at China Petroleum & Chemical Smart Scores

Factor	Score	Magnitude
Value	4
Dividend	4
Growth	3
Resilience	3
Momentum	5
OVERALL SMART SCORE	3.8

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 Petroleum & Chemical Corporation, also known as Sinopec, has a promising long-term outlook based on its Smartkarma Smart Scores. With strong scores in Value and Dividend, the company is considered to be a solid investment option for those looking for stability and potential returns. Additionally, its high Momentum score indicates that the company is performing well in the current market environment, which bodes well for its future growth prospects.

While China Petroleum & Chemical scores slightly lower in Growth and Resilience, the overall outlook remains positive. As a leading producer and trader of petroleum and petrochemical products in China, the company has a strong market presence and a diverse product offering. With a focus on innovation and sustainability, China Petroleum & Chemical is well-positioned to continue its success 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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Aug 20

0

CGN Power’s Stock Price Dips to 3.36 HKD, Reflecting a 1.47% Decrease: Navigating the Market Turbulence

CGN Power (1816)

3.36 HKD -0.05 (-1.47%) Volume: 78.0M

CGN Power’s stock price stands at 3.36 HKD, experiencing a slight dip of -1.47% this trading session, with a substantial trading volume of 78.0M. Despite the recent drop, the stock has shown impressive resilience with a year-to-date percentage increase of +64.71%, highlighting the company’s robust market performance.

Latest developments on CGN Power

CGN Power Co. has received the green light for nuclear expansion as the Construction of Nuclear Power Generating Units has been approved by the Chinese State Council. This comes as China has recently approved a record 11 new nuclear power reactors, with the aim of cutting emissions. The approval for CGN Power‘s construction of nuclear power generating units signifies a significant step forward in the company’s growth and aligns with China’s efforts to increase its nuclear power capacity.

CGN Power on Smartkarma

Analyst coverage of CGN Power on Smartkarma by Brian Freitas indicates a bullish sentiment. In his report titled “FXI Rebalance: Three Buys. Three Sells”, Freitas highlights that there are 3 buys and 3 sells for the FXI in March. CGN Power is identified as one of the buys, along with Yankuang Energy and China Coal Energy. The report mentions that trades have performed well and can be unwound over the next week. Shorts have been increasing in China Vanke while covering has been observed in Yankuang Energy, China Resources Beer Holdings, and Wuxi Biologics.

A look at CGN Power Smart Scores

Factor	Score	Magnitude
Value	3
Dividend	4
Growth	3
Resilience	3
Momentum	5
OVERALL SMART SCORE	3.6

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

CGN Power Co., Ltd. has a promising long-term outlook according to Smartkarma Smart Scores. With a strong momentum score of 5, the company is showing positive growth potential and market performance. Additionally, CGN Power scores well in the dividend category with a score of 4, indicating good returns for investors. While the company’s value, growth, and resilience scores are average, its high momentum and dividend scores suggest a bright future ahead.

CGN Power Co., Ltd. is a key player in the nuclear power industry, operating and managing power generating stations in multiple regions. As a subsidiary of China General Nuclear Power Corporation, the company not only sells electricity but also oversees construction projects and provides technical research and support services. With stations in Guangdong, Fujian, and Liaoning, CGN Power plays a crucial role in the development and maintenance of nuclear power infrastructure in China, positioning itself as a significant player in the energy 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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Aug 20

0

Agricultural Bank of China’s Stock Price Dips to 3.61 HKD, Experiences 0.82% Drop – Market Watch

Agricultural Bank of China (1288)

3.61 HKD -0.03 (-0.82%) Volume: 86.31M

Agricultural Bank of China’s stock price stands at 3.61 HKD, experiencing a marginal dip of -0.82% this trading session, with a notable trading volume of 86.31M. Despite the slight drop, the bank’s YTD performance showcases a robust growth of +19.93%, indicating a favourable investment landscape.

Latest developments on Agricultural Bank of China

Today, the Agricultural Bank of China made headlines as it scheduled a key Extraordinary General Meeting for 2024. This move comes after the bank nominated a new Executive Director, signaling potential changes in leadership that could impact its stock price. Investors are closely watching these developments, as any shifts in top management could have significant implications for the future direction and performance of Agricultural Bank of China.

Agricultural Bank of China on Smartkarma

Analyst coverage of Agricultural Bank Of China on Smartkarma by Travis Lundy indicates a bullish sentiment towards the company. In his research report titled “HK Connect SOUTHBOUND Flows (To 28 June 2024); Still a Net Buy, but Less Strong. Financials Dominate”, Lundy highlights that SOUTHBOUND saw its 4th net sell day since Chinese New Year last week, but the week ended up again. Banks were a big buy with SOUTHBOUND being a net buyer for HK$9.3bn this week. Lundy mentions that valuations are acceptable, flows are good, and policy changes are afoot, indicating the potential for continued inflows into Agricultural Bank Of China.

A look at Agricultural Bank of China Smart Scores

Factor	Score	Magnitude
Value	4
Dividend	5
Growth	4
Resilience	2
Momentum	5
OVERALL SMART SCORE	4.0

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, Agricultural Bank Of China has a positive long-term outlook. With high scores in Dividend and Momentum, the company is showing strong performance in these areas. Additionally, its Value and Growth scores indicate good potential for future growth and stability. However, the lower Resilience score suggests some vulnerability to market fluctuations.

Agricultural Bank Of China Limited is a full-service commercial bank offering a wide range of banking services. With its high scores in Dividend and Momentum, the company is well-positioned for continued success in the future. Its strong Value and Growth scores further support its potential for long-term growth and stability 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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Aug 20

0

Hong Kong Market Movers Today – 20 August 2024

Explore the Smartkarma SmartScore Screener now.

Biggest stock gainers today in Hong Kong

Company	Stock Price	Percentage Change	Smartkarma SmartScore
China Construction Bank (939)	5.70 HKD	+0.35%	4.2
Bank of China (3988)	3.58 HKD	+0.85%	4.0
Xiaomi (1810)	17.64 HKD	+0.11%	3.4

Biggest stock losers today in Hong Kong

Company	Stock Price	Percentage Change	Smartkarma SmartScore
SenseTime Group (20)	1.09 HKD	-3.54%	3.6
Petrochina (857)	6.74 HKD	-2.32%	4.4
Yankuang Energy Group (1171)	9.41 HKD	-7.20%	3.4
Agricultural Bank of China (1288)	3.61 HKD	-0.82%	4.0
CGN Power (1816)	3.36 HKD	-1.47%	3.6
CNOOC (883)	20.15 HKD	-1.95%	3.4
China Petroleum & Chemical (386)	4.96 HKD	-1.20%	3.8
GCL Technology Holdings (3800)	1.12 HKD	-0.88%	3.4

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.

The best stock screener – Smartkarma SmartScore Screener

Smartkarma’s stock screener, Smartkarma SmartScore Screener, allows you to easily discover undervalued gems, high dividend stocks, and high growth stocks, across multiple countries and sectors.

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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Aug 20

0

GCL Technology Holdings’s Stock Price Drops to 1.12 HKD, Representing a Decrease of 0.88%

GCL Technology Holdings (3800)

1.12 HKD -0.01 (-0.88%) Volume: 60.11M

GCL Technology Holdings’s stock price stands at 1.12 HKD, experiencing a slight decrease of 0.88% this trading session. With a trading volume of 60.11M, the stock’s performance shows a year-to-date (YTD) drop of 9.68%, indicating a challenging market scenario for the company.

Latest developments on GCL Technology Holdings

GCL Poly Energy Holdings Limited’s stock price is anticipated to experience movements following the announcement of an upcoming board meeting by its subsidiary, GCL Technology. This development has sparked investor interest as they await potential decisions that could impact the company’s future direction. The meeting comes at a crucial time for GCL Poly Energy Holdings Limited as they navigate through market uncertainties and strive to maintain a competitive edge in the energy sector. Investors are closely monitoring the outcome of the board meeting as it could provide valuable insights into the company’s strategic plans and potential growth opportunities.

A look at GCL Technology Holdings Smart Scores

Factor	Score	Magnitude
Value	3
Dividend	4
Growth	3
Resilience	3
Momentum	4
OVERALL SMART SCORE	3.4

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 Gcl Poly Energy Holdings Limited, the company seems to have a promising long-term outlook. With solid scores in Dividend and Momentum, investors may find Gcl Poly Energy Holdings Limited to be a stable and potentially lucrative investment option. The company’s focus on producing solar grade polysilicon and operating cogeneration plants in China could contribute to its overall growth and resilience in the energy sector.

Although Gcl Poly Energy Holdings Limited scores slightly lower in Value and Growth, its strong performance in Dividend and Momentum suggests that the company may still offer attractive opportunities for investors. As a Chinese power company, Gcl Poly Energy Holdings Ltd’s operations in the renewable energy sector could position it well for future success and growth in the market. Overall, the Smartkarma Smart Scores indicate a positive outlook for Gcl Poly Energy Holdings Limited 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.
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