PICC P&C (2328 HK) - 1Q25 CoR Outperformed
PICC P&C reported a strong 1Q25 earnings alert, with net profit expected to surge 80%-100% YoY to RMB10.6bn-11.7bn, implying a QoQ upswing of 95.3%...
105 Views
Baidu (BIDU US) - Expecting Steady Cloud Revenue Growth
We finetune our SOTP-based target price to US$146.7 (was US$149.2) mainly to account for the change in investment valuation, translating into 13.9x...
118 Views
EVA Holdings (838 HK) - Poised to Grow Faster in FY25-26E
Maintain BUY. We believe that EVA is well positioned for higher growth in revenue and profit in the next two years, aided by more higher-margin...
211 Views
Anta Sports (2020 HK) - Acquisition of Jack Wolfskin Finally Announced
Maintain BUY but trim TP to HK$ 119.08, based on 24x FY25E P/E (unchanged). The stock is trading at 17x, still attractive, in our view
205 Views
Technology - US Tariff Updates: Reciprocal Tariff Exemptions for Smartphone /PC...
The US's CBP published an updated guidance on 11 Apr to exempt 20 product categories (incl. smartphones, PCs, servers and tablets) from reciprocal...
176 Views