SHZHY Shenzhou International Group Holdings Limited Unsponsored ADR
- 7.550
- -0.197-2.54%
- 7.520
- -0.030-0.40%
Shenzhou International Group Holdings Limited Unsponsored ADR News
haitong int'l: Operating stable or performing well in selected sports brands, paying attention to strong Alpha on the manufacturing side.
Since July, the retail year-on-year growth rate of the sports brand has shown a monthly improvement trend; on the manufacturing side, overseas exports in Q3 of 24 accelerated overall compared to Q2.
European stocks: Adidas earned more than 70% in the last quarter, with sales in Greater China rising 9%.
German sports brand Adidas released its third-quarter performance on Tuesday (29th), with sales up 7.3% year-on-year to 6.438 billion euros, up 10% excluding forex effects. Operating profit increased by 46% year-on-year to 0.598 billion euros. Quarterly net profit rose by 70.9% year-on-year to 0.443 billion euros. Excluding forex effects, sales in its Greater China region increased by 9% year-on-year to 0.946 billion euros in the last quarter. Despite a 7% year-on-year drop in North American sales to 1.36 billion euros last quarter, excluding the Yeezy series, the sales actually increased year-on-year. In October 2022, the company announced a collaboration with the American rapper
China Cotton: It is expected that cotton prices will remain in a volatile consolidation.
The China Cotton Information Center released last week's China cotton market weekly report, indicating that international cotton prices have risen in the past week, while domestic cotton prices have been volatile. The new cotton harvest and delivery in the country is faster than the same period last year, with cotton farmers actively selling and processing enterprises maintaining a stable and robust overall operation style. Under the dual influence of cost and supply, the domestic new cotton prices have stabilized recently. With the off-season approaching, most textile enterprises continue to adopt a strategy of procurement as needed, reducing the operating rate slightly, and the abundant upstream supply and continued weak downstream demand situation has not changed temporarily. As the US election enters a crucial stage, the possibility of turbulence in the international financial markets may increase, but the decline in cotton prices since October has been largely.
"Daiwa": Mainland retail sales far outperform the third quarter in October, expecting the stimulus policy effects to not yet be evident.
Daiwa's research report indicates that the trend of multiple consumer sub-industries in the mainland reflects more intense price competition. Although retail sales in the mainland in October were significantly stronger than in the third quarter of this year, the government's stimulus measures have not yet translated into stronger consumer confidence, with no substantial impact. However, the worst time seems to have passed. The bank points out a preference for exporters, essential goods, and domestic brands with the strongest pricing power such as Proya Cosmetics (603605.SH) and Anta Sports (02020.HK). The bank believes that consumer sentiment has begun to gradually recover, but it may take one to two quarters to see significant changes. The bank maintains its previous "
[Brokerage Focus] Huayuan Securities initiates coverage on Shenzhou International Group Holdings Limited Unsponsored ADR (02313) with a "buy" rating, citing its strong customer stickiness among other advantages.
Jinwu Financial News | Huayuan Securities issued a research report stating that Shenzhou International Group Holdings Limited unsponsored adr (02313), as a leading global sportswear manufacturing company, has deeply cultivated the industry for many years and possesses competitive barriers with high-quality customer resources, mature manufacturing technology, diversified production capacity distribution, and high employee productivity. With overseas inventory replenishment, the company's overseas capacity expansion, and cost advantages during the period, it has a large potential for future growth. The bank predicts that the company's net income attributable to the parent for 2024-2026 will be 5.785 billion yuan/6.627 billion yuan/7.488 billion yuan, with year-on-year growth of 26.93%/14.57%/12.98% respectively.
Fresh funds from the Middle East are here to support! Saudi Arabia's first investment in china etf is about to be listed.
Saudi Arabia's first investment in china etf is expected to be listed on October 30, with an estimated fundraising size exceeding 10 billion Hong Kong dollars.
Shenzhou International Group Holdings Limited Unsponsored ADR (02313.HK): Leading sports outfits manufacturer, ensuring continuous profit growth through scale.
As a global leader in sports apparel manufacturing, the company focuses on high-quality customer resources in the industry track. Established in 1988, the company initially started with OEM production of high-end baby clothes in Japan, entered the UNIQLO supply chain in 1997, and began expanding in 2005.
Hong Kong stock unusual | Shenzhou International Group Holdings Limited Unsponsored ADR (02313) fell nearly 4% at the end of the day. Nike previously withdrew its full-year performance guidance, and the company's overseas expansion is progressing steadily
shenzhou international group holdings limited unsponsored adr (02313) fell nearly 4% in the final trading session, as of the time of writing, down 3.51%, at 60.4 Hong Kong dollars, with a turnover of 0.259 billion Hong Kong dollars.
Hang Seng Index fell by 207 points, mainland real estate stocks declined, with Sunac China Holdings dropping by 27%.
The Hong Kong stock market rose before falling today. The Hang Seng Index opened high by 185 points, rose to 20,783 points with an initial increase of 496 points before the gains narrowed. It turned downward at midday, dropping in the afternoon session. At one point in the afternoon, it fell by 309 points to a low of 19,977 points, closing the day down by 207 points or 1% at 20,079 points; The HSI Technology Index fell by 52 points or 1.2%, closing at 4,349 points. The total turnover of the market for the day was 191.26 billion yuan. Mainland real estate stocks were under pressure, as Sunac China (01918.HK) raised approximately 1.19 billion yuan net through a rights issue with a discount of nearly 20%. Its stock price fell by 27%. Country Garden Holdings (02777.
In September, the textile and clothing export volume was 24.78 billion US dollars, a year-on-year decrease of 3.8%.
According to the latest data released by the General Administration of Customs on October 14, textile and clothing exports in September decreased by 3.8% year-on-year and 11.3% month-on-month in US dollars. Among them, textile exports decreased by 2.1%, and clothing exports decreased by 5.1%.
Dahua continues to rate and target price for consumer stocks in China (table).
Dahua Jixian released a research report on the investment rating and target prices of Chinese consumer stocks as follows: Stock | Investment Rating | Target Price Anta Sports (02020.HK) | Buy | 132.3 Hong Kong dollars Bud APAC (01876.HK) | Buy | 15.3 Hong Kong dollars China Resources Beer (00291.HK) | Buy | 41.3 Hong Kong dollars China Feihe (06186.HK) | Buy | 6.6 Hong Kong dollars Galaxy Ent (00027.HK) | Buy | 48 Hong Kong dollars Haidilao (06862.HK) | Buy
Shenzhou International Group Holdings Limited Unsponsored ADR (02313.HK) suffered shareholding reduction of 1.8977 million shares by Schroders PLC.
On October 9, according to the latest equity disclosure information from the Hong Kong Stock Exchange, on October 4, 2024, shenzhou international group holdings limited unsponsored adr (02313.HK) was reduced by Schroders PLC at an average price of HK$68.2386 per share on the exchange, with 1.8977 million shares, involving approximately HK$0.129 billion. After the reduction, Schroders PLC's latest number of shares held is 104,635,318 shares, and the shareholding ratio decreased from 7.09% to 6.96%.
Hong Kong Market Quick Glance | Hong Kong stocks opened low and fell, the technology sector fell by nearly 13%, the Hang Seng Index fell by over 2000 points; real estate, technology, and semiconductor sectors all experienced a pullback, Tencent and Alibab
Network technology stocks are generally down, SenseTime-W fell by 21.46%, Bilibili-W fell by 19.74%; semiconductor stocks are generally down, hg semi fell by 42.11%, brainhole tech fell by 41.00%; digital health stocks are mostly down, za online fell by 23.98%, Dingdong Health fell by 21.95%.
[Brokerage Focus] caitong Securities' home sector is expected to fully benefit from the policy introduction, recommending smoore intl (06969) and shenzhou international group holdings limited unsponsored adr (02313).
Jingu Wealth News | caitong Securities released research reports, stating that recently the official introduction of a package of policies has boosted market confidence. On September 24, Governor of the People's Bank of China, Pan Gongsheng, announced at a press conference organized by the State Council Information Office that the interest rates on existing home loans will be reduced and the minimum down payment ratio for home loans will be unified. This will guide commercial banks to lower the interest rates on existing home loans to levels close to those of newly issued home loans, with an average expected reduction of around 0.5 percentage points. The minimum down payment ratio for first and second homes will be unified, reducing the national minimum down payment ratio for second home loans from 25% to 15%. On September 26, the Political Bureau meeting emphasized the need to promote the stabilization of the real estate market.
Hong Kong stock market anomaly | Shenzhou International Group Holdings Limited Unsponsored ADR (02313) fell more than 6% as core customer nike's performance fell short of expectations and withdrew its full-year performance guidance.
shenzhou international group holdings limited unsponsored adr (02313) fell more than 6%, as of the deadline, down 6.24%, trading at 68.4 Hong Kong dollars, with a turnover of 0.279 billion Hong Kong dollars.
SHENZHOU INTL: Interim Report 2024
Hong Kong stock market midday review | Hong Kong stocks continue to rise, the Hang Seng Index rose nearly 1%, temporarily recording its 9th consecutive rise; Xiaomi rose nearly 4%, with its stock price hitting a three-year high; electrical utilities stock
Network technology stocks weakened, Xiaomi Corporation-W up 3.87%, jd.com-SW up 1.95%; Electric power stocks performed well, cgn power up 5.94%, huaneng power up 4.46%; Apple supplier stocks rose, aac tech up 4.75%, byd electronic up 2.62%;
The increase in Middle East capital is also coming! The first Chinese Hong Kong ETF in Saudi Arabia has been approved.
Saudi Capital Market Authority announced that AlBilad Investment Company, a subsidiary of Bank Albilad, plans to establish an ETF investing in stocks in Hong Kong, China. The application has been approved.
Adidas CEO: Very confident in the Chinese market. More than 80% of products are made in China.
According to internal media reports, Adidas CEO Bjoern Gulden said that he has great confidence in the China market. No matter how difficult and complex the world is, he remains optimistic about the sports industry and Adidas. He is also optimistic about the development of the sports industry in China. In the second quarter of this year, Adidas' revenue in Greater China increased by 9.3% year-on-year. He believes that the China market has undergone many changes, so the company needs to closely follow the consumption trends of the domestic market in China, continuously collaborate with Chinese designers, and design products that are suitable for Chinese consumers. Currently, the company has approximately 7,500 in China.
Hong Kong stocks surged, with the Hang Seng Index closing up 1.43%; biomedical stocks rallied significantly in the late trading session, with Wuxi Apptec up nearly 12%.
The three main stock indexes in Hong Kong surged in the morning, with a significant increase, and the gains slightly narrowed in the afternoon but overall remained strong. At the close, the Hang Seng Index and the H-share Index rose by more than 1%, while the hang seng tech index increased by 1.43%, surging to 2.5% at one point during the day. All three major indexes continued their upward trend, setting new highs in the recent rebound.
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