06881 CGS
- 7.450
- -0.070-0.93%
CGS News
Express News | Jianyin International: Upgraded the rating of china galaxy A-shares to outperform large cap.
China Galaxy Securities: Maintaining a "recommended" rating for tongchengtravel, with overall revenue growth in Q3 exceeding previous expectations.
China Galaxy Securities released a research report stating that it maintains a "recommended" rating for tongchengtravel (00780), expecting the adjusted net income for 2024-2026 to be 2.7 billion yuan / 3.6 billion yuan / 4.5 billion yuan. The company's outbound travel business is progressing well, with the subsidy intensity gradually declining and marketing expenses significantly decreasing as a proportion of revenue, while the takerate continues to improve. The company has considerable potential for future business growth and profitability. Event: The company released its third-quarter performance report. In Q3 2024, the company achieved revenue of 4.99 billion yuan, a year-on-year increase of 51.3%, with overall growth exceeding expectations.
Express News | China Galaxy Securities: Strengthening core competitiveness, accelerating transformation and upgrading, and improving operational quality and efficiency will be the focus of future state-owned enterprise reform in the home appliance industry.
China Galaxy (06881) completed the issuance of 2 billion yuan of short-term financing bonds with a face interest rate of 1.89%.
China Galaxy (06881) announced that the company has completed the twelfth tranche of the 2024...
Bank of America upgraded csc (06066.HK) rating to "buy" and raised the target price for china galaxy (06881.HK).
Merrill Lynch Securities published a report indicating that this year in china, there are 110 brokerages, with the top ten brokerages accounting for 73%, 68%, and 66% of the industry's operating profit, net profit, and total assets respectively last year. Among the remaining more than 90 smaller brokerages, internal growth space has contracted, but there are limited merger and acquisition cases before 2024, based on lack of interest from shareholders, regulatory approvals, and strong financing capabilities. These factors have currently reversed, especially with the regulatory attitude shifting to support; the firm believes that merger and acquisition opportunities in the industry will increase, and the number of brokerages will reduce to about 70 by 2030. The firm believes that integration will take place under two conditions, including competition among the top ten brokerages for the final two or three brokerages.
The three major Hong Kong stock indexes continued to show a volatile trend, with the lithium battery and golden industrial concept sectors performing prominently.
① Why have international gold prices strengthened? ② What news has stimulated the strength of consumer electronics stocks? ③ Has the short sell ratio in the Hong Kong stock market shown a decline?
Express News | Galaxy Securities: The policy combination has taken effect, and the expectations for the steel industry are improving.
CGS Sells 4 Billion Yuan of 183-Day Commercial Paper
Market cap management guidelines promote the rise of dividend assets! The sectors of steel, building materials, and domestic banks have all surged significantly; how is the outlook for the market?
As of now, the Wind price-to-book index has increased by more than 30% since September 18, which includes stocks from large traditional industries such as banks, chemicals, and petrochemicals, while small-cap companies are mainly concentrated in building materials, home furnishings, and other areas.
Express News | The exchange rates for the Chinese Yuan: 7.30 may be a key position.
Express News | gtja: The improvement in market liquidity is bullish for the brokerage sector, with the top brokerage firms with merger and acquisition expectations remaining the focus of funds.
A-share securities stocks surged, china galaxy rose more than 7%.
Great Wisdom News on November 14th: China Galaxy rose more than 7%, Orient Securities, China International Capital Corporation, China Securities Co.,Ltd., Citic Securities, everbright and other stocks followed the uptrend.
There are rumors in the market about the restructuring of CICC and China Galaxy. China Galaxy (06881) rose 4.71%, leading the gains in brokerage stocks.
Golden Financial News | China Galaxy leads the brokerage stocks, as of the time of writing, China Galaxy (06881) rose by 4.71%, China International Capital Corporation (03908) rose by 2.89%, Orient (03958) rose by 1.86%, and cc securities (01375) rose by 1.59%. On the news front, the stock prices of China Galaxy and China International Capital Corporation yesterday (13th) rebounded, once again triggering speculation about mergers and reorganizations. After the closing of the two brokerages, they told the media that they were unaware of the news and everything should be based on the announcement. Media reports quoted sources close to China International Capital Corporation speculating that the merger and reorganization plan of the two companies is about to be finalized, with CICC Wealth being transferred to China Galaxy.
CICC and Galaxy respond to merger rumors: unaware.
China Galaxy (06881.HK) and China International Capital Corporation (03908.HK) saw their stock prices rise yesterday (13th), sparking speculation of another merger and restructuring. Both brokerages stated to mainland media after the market closed that they were unaware of the news and that everything should be based on official announcements. Mainland media cited individuals close to China International Capital Corporation speculating that a merger and restructuring plan between the two companies is about to materialize, with China International Capital Corporation's wealth management business being integrated into China Galaxy, while China International Capital Corporation remains independent.
Citic Securities: Policy reform shapes fundamental expectations, opening up long-term incremental development space for brokerages.
citic sec released research reports stating that in the current environment of improving liquidity and shifting policies, the securities sector is expected to achieve significant improvements in both quarter-on-quarter and year-on-year fundamentals by leveraging high trading volume, large margin size, and low performance base.
China Galaxy Securities Issue Commercial Paper of 4 Billion Yuan
Express News | China Galaxy downgrades Anjoy Foods Group Limited to hold.
Express News | China International Capital Corporation and Silver's stock price fluctuations have sparked rumors of a merger. Both parties responded that the company is still not aware of it.
China Galaxy (06881) issued 4 billion yuan of short-term financing bonds.
China Galaxy (06881) announced that the company has completed the tenth annual... on November 13, 2024.
China Galaxy (06881.HK) has completed the issuance of 4 billion yuan in short-term commercial papers.
Grunt11th, 2024: china galaxy (06881.HK) announced that, according to shareholder authorization, the company completed the issuance of the 10th tranche of short-term financing bonds for the year 2024 on November 13, 2024. The issuance size of this tranche of financing bonds is 4 billion yuan, with a face value and issue price of 100 yuan per unit of Renminbi. The term of this tranche of financing bonds is 92 days, and the final coupon rate is 1.88%. The funds raised from the issuance of this tranche of financing bonds will be used to supplement the company's working capital.
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