CITIC SEC initially covers NEWBORNTOWN: a Global leader in pan-entertainment social, with a Target Price of HKD 11.

Recently, CITIC SEC's research department released an investment value analysis report on NEWBORNTOWN (09911.HK), initiating coverage with a "Buy" rating and a Target Price of 11 Hong Kong dollars. The report pointed out that as a leader in the Global pan-entertainment social field, NEWBORNTOWN, leveraging years of overseas Operation experience, is rooted in the Middle East and North Africa with a "product replication + country replication" model, accelerating its expansion into the Global market, and is entering the "product harvest period," with broad future prospects. The product matrix drives high growth, and the replication capability builds a moat. CITIC SEC noted that as a leader in Global pan-entertainment social, NEWBORNTOWN has seen strong performance growth in recent years.

Gelonghui FinanceMay 9 10:26 · Ratings

Steering clear of the trade war, a single stock outperforms the market and reaches a new high in the Hong Kong stock market.

Since the trade war began, the Hang Seng Index has rebounded quite well, almost bridging the gap caused by the significant drop on April 3 due to tariffs. NEWBORNTOWN (9911.HK) has even broken through its highs for this year and the past four years during this period, significantly outperforming the market. The reason why NEWBORNTOWN can outperform the market is largely due to the nature of its Business. In the context of escalating Global tariff conflicts and rising economic uncertainty, even U.S. Treasuries, which have always been regarded as the safest Assets, have been sold off. However, the market that NEWBORNTOWN focuses on has managed to avoid the major risks currently facing the market. First, since 2015, NEWBORNTOWN has been deeply engaged in the Middle East and North Africa region.

HK MoneyClubApr 29 15:55

Hong Kong stock market midday review | All three major indices rose, with the tech index up 0.81%; new tea beverage and Digital Health stocks performed well, with Nayuki rising over 9%, Mixue Group up nearly 6%, and ALI HEALTH up over 6%.

Network Technology stocks showed mixed results, with MEITUAN-W rising 3.82% and JD-SW increasing by 2.77%; Biotechnology stocks performed impressively, with REMEGEN falling 8.21% and WUXI APPTEC rising 6.01%; Dining stocks generally increased, with Nayuki's Tea rising 9.18% and DPC DASH falling 2.28%.

Futu NewsApr 29 12:16

Hong Kong stocks are moving. NEWBORNTOWN has risen over 5%, reaching a nearly four-year high in stock price, with the Market Cap returning to 10 billion!

On April 25, Gelonghui reported that NEWBORNTOWN (9911.HK) is currently up 5.67% at 7.45 Hong Kong dollars, reaching the highest stock price in nearly four years since May 2021; the current trade volume is 0.1 billion Hong Kong dollars, with a latest Market Cap of 10.5 billion Hong Kong dollars. NEWBORNTOWN announced that in the first quarter of 2025, the group’s social Business average monthly active users reached approximately 32.835 million, a quarter-on-quarter increase of about 3.4%; during this period, the total revenue from the group’s social Business is expected to be about 1.345 billion yuan (RMB, same below) to 1.395 billion yuan, representing a year-on-year increase of approximately 39.1% to 44.3%. The significant year-on-year growth in the group’s social Business revenue is mainly attributed to

Gelonghui FinanceApr 25 15:56

Hong Kong Stock Midday Review | All three indexes rise, the Tech Index rises nearly 2%; tech stocks and Mainland Real Estate stocks strengthen, Baidu rises over 5%, RADIANCE HLDGS surges over 43%.

Most Network Technology stocks rose, with Baidu Group-SW up 5.33% and NTES-S up 3.41%; Macau Casino stocks generally rose, with MELCO INT'L DEV up 8.94% and SANDS CHINA LTD up 4.85%; Mobile Game stocks generally rose, with Bilibili-W up 3.69% and NTES-S up 3.41%.

Futu NewsApr 25 12:12

Announcement Highlights | Aluminum Corporation Of China’s net income for the first quarter increased by 58.78% year-on-year; SUNART RETAIL expects to turn a profit after tax for the year ending March 31 compared to a loss in the same period last year.

In the first quarter, SINOPEC SSC achieved a net income of 0.218 billion yuan, an increase of 23% year-on-year; NEWBORNTOWN's total revenue from social business in the first quarter is expected to be about 1.345 billion to 1.395 billion yuan, a year-on-year growth of approximately 39.1% to 44.3%.

cls.cnApr 25 08:06