Major Bank Ratings｜UBS Group: Increased target price for Tencent and Alibaba as investors might be underestimating the value of the CNI Xiangmi Lake Fintech Index business.

On May 9, 2023, Gelonghui reported that UBS Group released a report on Chinese financial technology stocks. Despite the pressure from trade conflicts in the short term, the bank expects the gross margin and Net income of Chinese Internet platform financial technology businesses to achieve a steady compound annual growth rate of 8% and 9% from 2024 to 2029, thanks to potential policy stimulus and stability following regulatory tightening. The bank believes the market has underestimated the significant contribution of financial technology businesses to profit growth of Internet platforms. The bank has raised the valuation of financial technology businesses, thus increasing Tencent and Alibaba's earnings per share forecast and Target Price for 2025, with Tencent's Target Price raised from 676 HKD.

Gelonghui FinanceMay 9 14:11 · Ratings

Express News | In the first quarter, the net income of 21 Huawei Hongmong Concept stocks increased year-on-year.

BreakingsMay 6 22:01

Yusys Technologies (300674): The profit performance in the first quarter is outstanding, as the company embraces AI to empower the development of CNI Xiangmi Lake Fintech Index Business.

Event: The company announced its Q1 2025 report, achieving a revenue of 0.525 billion yuan in the first quarter of 2025, a year-on-year decrease of 12.57%, with a net income attributable to shareholders of 58.1543 million yuan, a year-on-year increase of 81.09%, achieved.

Ping An SecuritiesMay 4 21:22

Yusys Technologies Co., Ltd. Recorded A 68% Miss On Revenue: Analysts Are Revisiting Their Models

Simply Wall StMay 2 07:17

Express News | DeepSeek released the Prover-V2 model, with a parameter count reaching 671 billion.

BreakingsApr 30 18:36

Yusys Technologies (300674): Banks' IT revenue is under pressure, entering a profit release cycle.

The 2024 performance meets our expectations. The company announced its 2024 performance: revenue of 3.958 billion yuan, a year-on-year decrease of 23.94%; net income attributable to the parent company of 0.38 billion yuan, a year-on-year increase of 16.62%; net income excluding non-recurring items attributable to the parent company is 3.

China International Capital CorporationApr 30 18:27