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The "Great Action" report by DBS has listed the latest recommended stocks for Hong Kong stocks (table).
DBS recently published a Hong Kong stock report, listing its latest recommendations for Hong Kong stocks: Stocks │ Target Price Alibaba-W (09988.HK) │ 169 HKD Anta (02020.HK) │ 118 HKD BYD Electronics (00285.HK) │ 66.5 HKD China Mobile (00941.HK) │ 93 HKD Hong Kong Exchanges (00388.HK) │ 440 HKD MEITUAN-W (03690.HK) │ 206 HKD PetroChina (00857.HK) │ 6.9 HKD Ping An Insurance (02318.HK) │ 72 HKD.
DBS report: Hong Kong stock performance supports an upward trend, reiterating a preference for the Technology Industry.
DBS released a strategy report on the Hong Kong stock market, indicating that the performance of Chinese stocks and Hong Kong listed companies last year showed stable fundamentals. Among the 361 constituent stocks of the Hang Seng Composite Index and CSI 300 Index covered, about 28.8% of companies reported earnings below expectations, an improvement of 9.2 percentage points compared to the 38% during the mid-year earnings season. Approximately 45.4% of companies met market expectations, while 25.8% exceeded market forecasts. However, among the 171 stocks covered by DBS Analysts, about 30.4% reported net profits below expectations, up from 26.4% in the first half of last year, affected by Semiconductors and other factors.
Annual Report 2024
ANTA Sports Reports Strong 2024 Financial Performance
[Brokerage Focus] Everbright: ANTA SPORTS (02020) expected to achieve revenue of 70.8 billion yuan in 2024, setting a new historical high, with a Target Price back above 100 Hong Kong dollars.
Jingu Financial News | Everbright (International) Research Reports indicate that ANTA SPORTS (02020) achieved stable growth through a multi-brand matrix, with revenue reaching 70.826 billion yuan in 2024, an increase of 13.6% year-on-year; Net income of 15.596 billion yuan, a significant increase of 52.4%, both setting new historical records. The company's market share in the China sports footwear and apparel market has risen to 23%, maintaining the top position among local brands for three consecutive years and ranking in the top three globally. Business highlights: Brand performance: ANTA's main brand revenue grew by 10.6%, and the FILA brand grew by 6.1%.
Express News | Accusations of acquiring the German outdoor brand Jack Wolfskin, Anta: no comment on market rumors.