No Data
No Data
HENGAN INT'L (01044.HK) received a Shareholding of 7.3436 million ordinary shares from Lazard Asset Management LLC in the over-the-counter market, valued at approximately 19.9746 million USD.
On February 7, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on February 7, Lazard Asset Management LLC increased its holdings in HENGAN INT'L (01044.HK) by 7.3436 million shares of common stock at an average price of $2.72 per share on January 31, valued at approximately $19.9746 million. After the increase, the latest number of shares held by Lazard Asset Management LLC is 64.9105 million shares, with the shareholding ratio rising from 4.95% to 5.59%. Image source: Stock disclosure from the Stock Exchange.
HENGAN INT'L (01044) has been approved to issue debt financing instruments of no more than 7.5 billion yuan.
HENGAN INT'L (01044) announced that the company submitted an application to the Bank Of China Interbank Market Dealers Association in December 2024...
Zhithong Hong Kong Stock Shareholder Equity Disclosure | January 20
Hong Kong stock Shareholder equity disclosure | January 20
UBS Group: Assigns a Buy rating for HENGAN INT'L, with the Target Price lowered to 28.1 HKD.
UBS Group released a research report stating a "Buy" rating for HENGAN INT'L (01044) and reduced the profit forecasts for 2024 to 2026 by 10% to 17% to reflect last year's weak performance and this year's operational outlook, with the Target Price lowered from HKD 31.3 to HKD 28.1. Recently, HENGAN INT'L management attended the UBS Group Greater China seminar held in Shanghai, where they discussed last year's sales performance, particularly mentioning that due to intense competition in the tissue and sanitary napkin industry, the growth in sales for toilet paper and sanitary napkins in the second half of last year might have narrowed by over 3% and over 4% respectively. The bank stated that in terms of sales volume, HENGAN has a market share in the tissue market.
UBS Group has lowered the Target Price for Henderson (01044.HK) to 28.1 yuan. The management expects sales and profits to remain stable this year.
UBS Group published a research report stating that HENGAN INT'L (01044.HK) management recently attended the UBS Group Greater China seminar held in Shanghai, discussing last year's sales performance. It was specifically mentioned that due to the intense competition in the tissue and sanitary napkin Industry, the sales growth rates of toilet paper and sanitary napkins in the second half of last year might have narrowed by over 3% and over 4% respectively. The report indicated that in terms of sales volume, HENGAN's market share in the tissue market has increased, while the sales of tissue and sanitary napkin Business have declined, likely reflecting that increased promotional costs have pressured the average selling prices of the products. Management expects sales and profits to remain stable in 2025, particularly for tissues and diapers.
China Galaxy Securities: The papermaking industry is at the bottom of the recovery cycle, pay attention to the performance of downstream demand.
The current state of the Papermaking industry is recovering from the bottom. There is a reduction in the supply of pulp and paper, while demand for recycled paper is warming up during the peak season. Price increase notices are continuously being implemented, resulting in price hikes.