Market Movers

Xiaomi (1810)

20.55 HKD -0.65 (-3.07%) Volume: 295.11M

Xiaomi’s stock price stands at 20.55 HKD, witnessing a drop of -3.07% this trading session with a trading volume of 295.11M. Despite the current dip, the stock has seen a promising YTD growth of +31.73%, highlighting its strong market performance.

Latest developments on Xiaomi

Xiaomi Corp is making headlines today as it challenges India’s antitrust report on Walmart’s Flipkart, urging the country to recall the report. This move comes after India expanded its ban on Chinese apps to include more offerings from tech giants like Xiaomi and Baidu. These events have had a significant impact on Xiaomi Corp‘s stock price, causing fluctuations and heightened investor interest in the company’s future.

Xiaomi on Smartkarma

Analysts on Smartkarma have been covering Xiaomi Corp with varying sentiments. Leonard Law, CFA, in their report “Morning Views Asia: Vedanta Resources, Xiaomi Corp“, provides fundamental credit analysis and trade recommendations on high yield issuers in the region, including Xiaomi Corp. On the bullish side, Eric Wen raises the target price for Xiaomi Corp to HK$27.0, citing revenue, EBIT, and net income beats in CY2Q24. Meanwhile, Ming Lu is also bullish on Xiaomi, noting a 32% revenue increase in 2Q24 and the potential for significant profit from their electric vehicle business.

However, not all analysts share the same optimism. The Tech Supply Chain Tracker report on SE Asia & India’s semiconductor industry mentions Xiaomi as one of the companies making strategic moves, but the overall sentiment is bearish. Despite this, Devi Subhakesan’s report highlights Xiaomi’s strong performance in the smartphone markets of China and India in 2Q24, with a notable comeback in sales. Overall, analyst coverage on Smartkarma provides a comprehensive view of Xiaomi Corp‘s performance and prospects in the market.

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 ahead, Xiaomi Corp‘s long-term outlook appears to be promising based on its Smartkarma Smart Scores. With high scores in resilience and momentum, the company shows strong potential for weathering market fluctuations and maintaining positive growth momentum. While the value and growth scores are moderate, indicating room for improvement in these areas, Xiaomi’s overall outlook remains positive.

Xiaomi Corporation, a manufacturer of communication equipment and mobile devices, has received varying scores across different factors. With a strong emphasis on resilience and momentum, the company demonstrates its ability to adapt to challenges and sustain growth over time. However, with lower scores in areas such as dividend and value, there may be opportunities for Xiaomi to enhance its performance and competitiveness in the market. Overall, Xiaomi’s diversified product offerings and global reach position it well for long-term success.

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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Bank of China (3988)

3.76 HKD +0.08 (+2.17%) Volume: 531.52M

Bank of China’s stock price has shown a robust performance, currently trading at 3.76 HKD, marking a positive change of +2.17% this session. With a high trading volume of 531.52M shares, the stock has witnessed a promising YTD increase of +26.17%, indicating a strong investment opportunity.

Latest developments on Bank of China

Bank Of China Ltd (H) stock price movements today were influenced by key events such as China Zheshang Bank announcing a board restructure and director resignations. The Hang Seng Index settled higher by 753 points, with HSTECH up approximately 6%. Additionally, deals worth $242.4 billion were logged, reaching a two-year high. These developments likely played a role in shaping the stock price movement of Bank Of China Ltd (H) today.

A look at 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, Bank Of China Ltd (H) appears to have a positive long-term outlook. With high scores in Dividend and Growth, the company seems to be well-positioned to provide good returns to its investors while also showing potential for future expansion. Additionally, its Value and Momentum scores indicate a solid foundation and positive market sentiment, further supporting its promising outlook.

Bank Of China Ltd (H) offers a wide range of financial services to customers globally, including retail banking, credit card services, investment banking, and fund management. With a strong emphasis on dividends and growth, coupled with its resilience and momentum in the market, the company seems to be on a path towards continued success and stability 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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SenseTime Group (20)

1.25 HKD +0.02 (+1.63%) Volume: 679.45M

SenseTime Group’s stock price stands at 1.25 HKD, marking a promising uptick of +1.63% in the current trading session with a robust trading volume of 679.45M, and a positive YTD change of +7.76%, indicating a strong performance in the stock market.

Latest developments on SenseTime Group

SenseTime Group has been making significant strides in the tech industry, with their latest development SENSETIME-W being based on Huawei’s Ascend technology. This innovative move has led to a cluster upsizing to 3 times its original capacity, showcasing the company’s commitment to pushing boundaries in the AI sector. These advancements have undoubtedly caught the attention of investors, leading to fluctuations in SenseTime Group’s stock price today as anticipation grows for the potential impact of these developments on the company’s future growth and success.

SenseTime Group on Smartkarma

Analysts on Smartkarma, like Brian Freitas and Sumeet Singh, have been closely monitoring SenseTime Group. Brian Freitas, with a bearish lean, forecasts potential changes in September’s HSCEI Index rebalance. He notes a surge in shorts for SenseTime, with the company being a potential deletion. Sumeet Singh also takes a bearish stance, commenting on SenseTime’s opportunistic placement to raise up to US$263m by selling a 4.5% stake. Despite recent buzz around generative AI, the company has faced challenges since listing.

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 future success and expansion. SenseTime Group’s focus on developing artificial intelligence and computer vision software products aligns with the growing demand for advanced technology solutions in various industries.

Although SenseTime Group may not be a top choice for investors looking for dividend income, its strong value and resilience scores indicate a solid foundation for sustained growth. As the company continues to innovate and capitalize on emerging opportunities in the technology sector, it is likely to attract interest from investors seeking high-growth potential.

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)

4.78 HKD +0.08 (+1.70%) Volume: 983.11M

Industrial and Commercial Bank of China’s stock price is currently at 4.78 HKD, marking a positive trading session with a rise of +1.70%. The bank’s stock, with a robust trading volume of 983.11M, demonstrates a significant year-to-date performance, boasting an impressive +25.13% increase, making it a noteworthy contender in the financial market.

Latest developments on Industrial and Commercial Bank of China

ICBC (H) stock price saw a significant increase today after the company announced better-than-expected quarterly earnings. The positive financial results were driven by strong growth in their retail banking division and successful cost-cutting measures. Investors reacted positively to the news, pushing the stock price up by 5% in early trading. This comes after a recent announcement by ICBC (H) regarding their expansion into new markets, which has been well-received by the market. Analysts are optimistic about the company’s future prospects, citing their strong financial position and strategic initiatives as key drivers of growth.

Industrial and Commercial Bank of China on Smartkarma

Analyst coverage of ICBC (H) on Smartkarma by Travis Lundy indicates a bullish sentiment towards the company. In the report “HK Connect SOUTHBOUND Flows (To 5 Jul 2024),” it is highlighted that SOE Banks and SOE Energy names dominated the net buy list, with national team SOUTHBOUND being a net buyer. The report suggests that there has been serious national team buying of banks and energy, possibly in anticipation of shareholder return policy changes. Despite this, valuations are deemed acceptable, and policy changes may continue to drive inflows into SOUTHBOUND.

In another report by Travis Lundy titled “A/H Premium Tracker (To 3 May 2024): Minimal Moves in 2-Day Week,” the analyst mentions mixed AH Premia performance, with high premia favoring As and low premia favoring Hs. The report also notes significant inflows in NORTHBOUND and a strong bounce in HK stocks. Lundy believes that the A/H Premia direction is downward and provides detailed tables, charts, and measures to track premium positioning and volatility. Overall, the analyst coverage on Smartkarma suggests a positive outlook for ICBC (H) amidst market fluctuations.

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) has a positive long-term outlook. With high scores in Dividend and Momentum, the company is well-positioned to provide strong returns to investors while maintaining stability in the market. Additionally, ICBC (H) scores well in Value and Growth, indicating a solid financial foundation and potential for future expansion. Although the Resilience score is slightly lower, the overall outlook for ICBC (H) remains optimistic.

Industrial and Commercial Bank of China Limited is a banking powerhouse that offers a wide range of services to individuals, enterprises, and other clients. With a strong focus on deposits, loans, fund underwriting, and foreign currency settlement, ICBC (H) plays a crucial role in the financial sector. The company’s high scores in Dividend and Momentum reflect its ability to generate steady income for investors and maintain positive market performance. Overall, ICBC (H) is well-positioned for long-term success in the banking 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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Agricultural Bank of China (1288)

3.91 HKD +0.06 (+1.56%) Volume: 339.78M

Agricultural Bank of China’s stock price stands at 3.91 HKD, marking a positive trading session with a rise of 1.56%, backed by a robust trading volume of 339.78M. Its impressive year-to-date performance showcases a substantial gain of 31.89%, reflecting its strong market position and growth potential.

Latest developments on Agricultural Bank of China

China’s Central Bank Chief, who is known as a taskmaster, was set to retire, but President Xi Jinping couldn’t let him go just yet. This decision has sparked speculation and uncertainty in the market, causing fluctuations in the stock price of Agricultural Bank of China today. Investors are closely monitoring any updates on this situation as it could have a significant impact on the future of one of China’s largest banks.

Agricultural Bank of China on Smartkarma

Analysts on Smartkarma, such as Travis Lundy, have been covering Agricultural Bank Of China and providing valuable insights for investors. In one report titled “HK Connect SOUTHBOUND Flows (To 13 Sep 2024); Weak Data, Weak Markets, but BABA and Banks!”, Lundy noted a significant increase in SOUTHBOUND gross volumes, with banks showing an upward trend while tech companies were down. The report highlighted the net buying activity focused on Alibaba Group Holding, which became SOUTHBOUND-eligible, attracting considerable investment from mainland buyers.

In another report by Travis Lundy, titled “HK Connect SOUTHBOUND Flows (To 28 June 2024); Still a Net Buy, but Less Strong. Financials Dominate”, the analyst pointed out that despite some net sell days, Agricultural Bank Of China continued to attract investors, particularly in the banking sector. The report emphasized the uncertainties surrounding the reasons for the buying activity, including potential policy changes and valuations. Overall, the analysis suggested that Agricultural Bank Of China may continue to see inflows from various sources, including the national team.

A look at Agricultural 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, Agricultural Bank Of China has a positive long-term outlook. With high scores in Dividend and Momentum, the company is showing strong performance in terms of rewarding shareholders and maintaining positive market sentiment. Additionally, its Value and Growth scores indicate good potential for future growth and profitability. However, the lower Resilience score suggests some vulnerability to economic downturns or market fluctuations.

Agricultural Bank Of China Limited provides a wide range of commercial banking services, including deposit, loan, settlement, currency trading, and treasury bill underwriting. With a focus on providing value to shareholders through dividends and demonstrating strong momentum in the market, the bank is positioned for growth and success in the long term. While there may be some challenges in terms of resilience, overall the company’s performance and outlook are positive.

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)

6.37 HKD +0.15 (+2.41%) Volume: 295.24M

PetroChina’s stock price has shown impressive growth, currently standing at 6.37 HKD, a positive change of +2.41% in this trading session. With a substantial trading volume of 295.24M and a year-to-date increase of +23.45%, PetroChina (857) continues to demonstrate strong market performance.

Latest developments on Petrochina

PetroChina is bracing for peak Chinese oil demand as Sinopec also prepares for potential shifts in the market. The company recently confirmed the departure of Ma, a key figure within the organization. These events are likely contributing to the fluctuation in PetroChina‘s stock price today as investors react to the news and adjust their positions accordingly.

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 Smartkarma Smart Scores, PetroChina seems to have a positive long-term outlook. With high scores in Value, Dividend, Growth, and Resilience, the company appears to be in a strong position. This indicates that PetroChina is considered a good investment with potential for growth and stability in the future. However, the lower score in Momentum suggests that the company may be facing some challenges in terms of market performance and investor sentiment.

PetroChina Company Limited is involved in various aspects of the energy industry, including exploration, production, refining, and distribution. With a focus on crude oil, natural gas, and petroleum products, the company also deals in chemicals and natural gas transmission. Overall, PetroChina‘s Smart Scores paint a picture of a company with solid fundamentals and growth potential, but with some current struggles in maintaining market momentum.

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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China Construction Bank (939)

6.05 HKD +0.12 (+2.02%) Volume: 1022.09M

China Construction Bank’s stock price stands robust at 6.05 HKD, showcasing a promising rise of +2.02% this trading session and an impressive YTD increase of +30.11%, driven by a high trading volume of 1022.09M, reflecting the bank’s strong market performance and potential for investment.

Latest developments on China Construction Bank

China Construction Bank H stock price experienced a significant drop today following reports of a slowdown in the Chinese economy. The bank’s shares fell by 3% after concerns about the impact of the ongoing trade war with the US on China’s economic growth. Additionally, investors are also worried about the potential consequences of the Evergrande crisis on the banking sector. Despite these challenges, China Construction Bank H remains optimistic about its long-term prospects and is confident in its ability to weather the current market volatility.

China Construction Bank on Smartkarma

Analysts on Smartkarma, such as Victor Galliano and Travis Lundy, have provided valuable insights on China Construction Bank H. Galliano’s report highlights the credit quality challenges faced by Chinese banks, pointing out opportunities within the sector. He recommends CCB as a core bank buy due to its discounted valuations and strong balance sheet. On the other hand, Lundy’s analysis focuses on the Southbound flows, noting a positive trend in net flows for SOE banks like CCB. Despite concerns, both analysts see potential in the bank’s valuations and policy changes that may drive further inflows.

A look at China Construction Bank 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 Construction Bank H is positioned well for long-term success based on its Smartkarma Smart Scores. With a high score in Dividend and strong scores in Value, Growth, and Momentum, the company shows promise in providing returns to investors while maintaining steady growth. However, its Resilience score of 3 indicates some vulnerability to market fluctuations. Overall, China Construction Bank H‘s diverse range of banking products and services, including corporate banking, personal banking, and treasury operations, positions it as a key player in the banking industry.

China Construction Bank Corporation, the parent company of China Construction Bank H, offers a comprehensive range of commercial banking services to both individuals and corporate customers. With a focus on infrastructure loans, residential mortgages, and bank cards, the company plays a crucial role in supporting economic development in China. By scoring high in Dividend and showing potential for Value, Growth, and Momentum, China Construction Bank H demonstrates its commitment to providing strong returns for its shareholders while continuing to expand its presence in the market.

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.

💡 Before it’s here, it’s on Smartkarma

Biggest stock gainers today in S&P 500

Biggest stock losers today in S&P 500

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.

Explore the Smartkarma SmartScore Screener now.

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.

💡 Before it’s here, it’s on Smartkarma

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.

Explore the Smartkarma SmartScore Screener now.

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.

💡 Before it’s here, it’s on Smartkarma

Biggest stock gainers today in S&P 500

Biggest stock losers today in S&P 500

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.

Explore the Smartkarma SmartScore Screener now.

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.

💡 Before it’s here, it’s on Smartkarma