CHINA RES GAS (01193.HK) appoints Fang Xin as a non-executive Director.

Gelonghui, January 21 - CHINA RES GAS (01193.HK) announced that, starting January 21, 2025: (1) Liu Jian will resign as a non-executive Director and a member of the Audit and Risk Management Committee; and (2) Fang Xin will be appointed as a non-executive Director and a member of the Audit and Risk Management Committee.

Gelonghui FinanceJan 21 17:01

The list of Chinese stocks with defensive dividend themes compiled by Morgan Stanley (table).

Morgan Stanley published a market strategy report for the Asia-Pacific region, listing defensive dividend stocks to own: Stock │ Predicted dividend yield this year China Mobile (00941.HK) │ 7.7% China Telecom (00728.HK) │ 6.8% HKT Trust and HKT (06823.HK) │ 8.5% Tingyi (00322.HK) │ 6.8% China Oilfield Services (02883.HK) │ 5.7% CNOOC (01138.HK) │ 7.5% Industrial and Commercial Bank of China (01398.

AASTOCKSJan 21 12:04

Quick look at the Hong Kong market | The Hong Kong stocks rise for five consecutive days! The three major Indexes increase by about 2%; Network Technology stocks and Autos lead the rise with JD.com up more than 7% and BYD rising over 4%.

Most Network Technology stocks rose, with JD-SW up 7.29% and MEITUAN-W up 5.21%; Apple Supplier stocks generally increased, with AAC TECH up 6.39% and SUNNY OPTICAL up 4.14%; Biotechnology stocks mostly rose, with WUXI APPTEC up 7.23% and GENSCRIPT BIO up 5.43%.

Futu NewsJan 20 16:31

Hong Kong stock movement | CHINA RES GAS (01193) fell over 3%. Morgan Stanley pointed out that the company's valuation premium compared to its peers and expects its profits and gas volume to lag behind its industry counterparts.

CHINA RES GAS (01193) fell over 3%, as of the time of writing, down 3.25%, priced at 26.75 Hong Kong dollars, with a trading volume of 0.123 billion Hong Kong dollars.

Zhitong FinanceJan 20 14:30

Express News | JPMorgan: Downgrades CHINA RES GAS to "Neutral"; prefers ENN ENERGY and KUNLUN ENERGY in the Industry.

BreakingsJan 20 10:54

Major Bank Ratings | JPMorgan: Downgrades CHINA RES GAS rating to 'Neutral'. Industry favorites are ENN ENERGY and KUNLUN ENERGY.

On January 20, Glonghui reported that JPMorgan issued a research report indicating that market predictions for gas growth have declined, and the performance of the CHINA GAS HOLD industry has lagged behind the market so far this year. However, the bank believes that market profit expectations for the industry remain too high, thus recommending a re-evaluation of the industry after the performance announcements, and when stock prices react negatively to the results, it calls for buying on dips. JPMorgan stated that due to the valuation premium of CHINA RES GAS compared to peers, combined with expectations that its profit and gas volume growth will lag behind peers such as ENN ENERGY, the rating for CHINA RES GAS has been lowered from "Shareholding" to "Neutral", with ENN ENERGY and KUNLUN ENERGY being the top industry picks.

Gelonghui FinanceJan 20 10:54 · Ratings