[Brokerage Focus] Zhongyou Securities initiates a "Buy" rating on AAC TECH (02018), citing a significant improvement in optical gross margin.

Jinwu Financial News | Zhongyou Securities released a Research Report stating that AAC TECH (02018) achieved revenue of 3.46 billion yuan in acoustic business for the first half of 2024, a year-on-year increase of 4.1%, mainly due to the rebound in the Global Smart Phone market in the first half of the year, with shipments returning to a growth track. Benefiting from the continuous introduction of Block Orders into high-end acoustic platforms and the increase in speaker shipments, the gross margin was 29.9%, an increase of 4.4 percentage points year-on-year. In the first half of 2024, the Smart Phone market continued the recovery trend of the second half of 2023, according to the latest Statistics from International Data Corporation (IDC), the Global Smart Phone shipments.

Jinwu Financial NewsDec 24 15:47 · Ratings

CCTV interprets a more proactive fiscal policy: next year's fiscal funding will be allocated earlier, faster, and in greater amounts.

Next year, a more proactive fiscal policy will be implemented. What measures will the Ministry of Finance take? Where will the fiscal funds be focused? What impact will this have on our lives?

CCTV NewsDec 24 15:02

December 23 repurchase collection | TENCENT, HSBC Holdings, and others have successively repurchased, among which TENCENT spent 0.704 billion HKD.

According to a disclosure by HKEX on December 24, TENCENT (00700.HK) and HSBC Holdings (00005.HK) have repurchased shares. ① TENCENT (00700.HK) repurchased 1.67 million ordinary shares on December 23, involving an amount of 0.704 billion Hong Kong dollars, with a repurchase price ranging from 430.6 HKD to 416.4 HKD per share. Since the repurchase authorization resolution, the cumulative number of securities repurchased has been 0.224 billion shares, accounting for 2.382% of the total issued shares at the time of approval of the ordinary resolution. ② HSBC Holdings (00005.HK)

Futu NewsDec 24 09:40

Repurchase summary on December 20 | TENCENT, HSBC Holdings and others have repurchased shares, with TENCENT spending 0.703 billion HKD.

According to a document disclosed by HKEX on December 23, both TENCENT (00700.HK) and HSBC Holdings (00005.HK) have repurchased shares. ① TENCENT (00700.HK) repurchased 1.65 million ordinary shares on December 20, involving an amount of 0.703 billion HKD, with a repurchase price ranging from 428.2 HKD to 414.2 HKD per share. Since the repurchase authorization resolution, the total number of shares repurchased is 0.223 billion shares, accounting for 2.365% of the number of shares issued at the time the ordinary resolution was passed. ② HSBC Holdings (00005.HK)

Futu NewsDec 23 09:30

AAC TECH (02018.HK): Optical gross profit has significantly improved.

Investment highlights include the continuous introduction of Block Orders for high-end acoustic platforms, with an improving product mix. In the first half of 2024, the group's acoustic Business achieved an income of 3.46 billion yuan, a year-on-year increase of 4.1%, mainly due to the Global Asia Vets.

China Post SecuritiesDec 22 00:00

Share repurchase collection on December 19 | TENCENT, AIA and others have repurchased shares, among which TENCENT spent 0.703 billion HKD.

According to the documents disclosed by HKEX on December 20, TENCENT (00700.HK), AIA (01299.HK), and others have repurchased shares. ① TENCENT (00700.HK) repurchased 1.72 million ordinary shares on December 19, involving an amount of 0.703 billion HKD, with the repurchase price ranging from 421.8 HKD to 401.4 HKD per share. Since the repurchase authorization resolution, the cumulative number of repurchased securities is 0.221 billion shares, accounting for 2.347% of the number of shares issued when the ordinary resolution was passed. ② AIA (01299.HK)

Futu NewsDec 20 09:00