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The Central Economic Work Conference was held in Peking, and **** delivered an important speech.
The Central Economic Work Conference was held in Peking, where **** delivered an important speech, Li Qiang gave a summary speech, and ****, ****, Cai Qi, ****, and Li Xi attended the meeting.
Express News | The Central Economic Work Conference states that a moderately loose MMF policy should be implemented, with timely reductions in reserve requirements and interest rates, to maintain ample liquidity.
Express News | Central Economic Work Conference: There will be a more proactive fiscal policy, increasing the fiscal deficit ratio.
Express News | Central Economic Work Conference: Implement a more proactive macro policy, expand domestic demand, promote the integration of technological innovation and industrial innovation development, and stabilize the property and stock markets.
Major Bank Rating丨Goldman Sachs: Initiates a "Neutral" rating on Autohome with a target price of 55 Hong Kong dollars.
Gelonghui December 12 | Goldman Sachs published a report, initiating coverage on Autohome, giving its H shares a "Neutral" rating, with a Target Price of 55 Hong Kong dollars. It pointed out that the company is one of the few that has a good track record in executing shareholder return policies and focuses on regular Cash dividends. Goldman Sachs indicated that the company's relatively aggressive shareholder return policy over the past few years has stabilized its stock price. Goldman Sachs mentioned that with a strong balance sheet (i.e., 3.2 billion USD in net Cash, equivalent to 90% of Market Cap), the stock offers a 6% regular dividend yield, and according to the latest dividend policy, it will pay out no less than 1.5 billion yuan annually from 2024 to 2026; as well as a potential Share Buyback of up to 3%.
Volkswagen First Cover Car House (02518.HK) rated “neutral” target price of $55
COXING REPORTED THAT FIRST COVER AUTOMOTIVE (02518.HK) -S GAVE ITS H SHARES A “NEUTRAL” RATING WITH A TARGET PRICE OF $55, INDICATING THAT THE COMPANY IS ONE OF THE FEW COMPANIES THAT HAS A GOOD EXECUTION OF SHAREHOLDER RETURN POLICIES AND FOCUSES ON RECURRING CASH DIVIDENDS, BUT THE GROWTH OUTLOOK IS MILD. Goldman noted that while the stock's earnings and earnings-per-share forecasts were revised downward, the stock price stabilized as it believes the company's more positive shareholder return policy over the past few years. With a strong balance sheet (i.e. $3.2 billion in net cash, equivalent to 90% of market capitalization), the stock offers a 6% recurring dividend, according to the latest dividend policy, 2024 to
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