Stella International Holdings Records 1% Lower Revenue for Q4
STELLA HOLDINGS (01836.HK): Shi Nansheng will step down as an independent non-executive Director.
On January 9, Gelonghui reported that STELLA HOLDINGS (01836.HK) announced that Shi Nansheng has notified the Board of Directors regarding his resignation plan and will step down as an independent non-executive director upon the expiration of his current term (January 16, 2025). Therefore, after resigning as an independent non-executive director, Shi Nansheng will also step down as a member of the company's nomination committee.
STELLA HOLDINGS (01836.HK) plans to hold a Board of Directors meeting on March 20 to approve the annual performance.
Glory Financial reported on January 9 that STELLA HOLDINGS (01836.HK) announced that the Board of Directors will hold a meeting on March 20, 2025 (Thursday) to consider and review the annual performance of the company and its subsidiaries for the year ending December 31, 2024, and to consider the proposal for the final dividend distribution.
STELLA HOLDINGS: Notice of Board Meeting
Express News | William O'Neil has given STELLA HOLDINGS an initial buy rating.
HAITONG SEC Textile Outfits Industry 2025 Annual Strategy Report: Steady Progress and Long-term Vision, Seizing Structural Opportunities.
Since 2024, the willingness to replenish inventory downstream has been good, coupled with a lower base from the same period last year, resulting in significant improvements in revenue. Along with an increase in orders and a continuous rise in capacity utilization, the profit elasticity continues to be released.
This week's Hong Kong stock bull | Biotechnology stocks performed brilliantly, with Jingtai Holdings soaring over 40% this week; seizing the opportunity of AI large model, ZTE has cumulatively risen over 14%.
Biotechnology stocks continued to show strong performance this week! Crystal Tech Holdings saw an overall increase of over 40% during the week, and Tongyuankang Medicine rose by over 23%. Taking advantage of the AI large model opportunity, it is reported that a partnership with ByteDance was formed, leading to a rise of over 14% for ZTE. SUPER HI gained over 13% this week, having surged nearly 77% since its performance report.
Market quick glance | The three major Indices showed mixed results, with the tech index slightly rising, Xiaomi and Tencent increasing nearly 3%; Semiconductors stocks were strong, with Semiconductor Manufacturing International Corporation rising over 8%;
Network Technology stocks performed poorly, KUAISHOU-W fell by 5.42%, Alibaba-W dropped by 3.44%; most Coal Industrial Concept stocks declined, SOUTHGOBI fell by 12.02%, China Coal Energy dropped by 6.37%; many Hong Kong Retail Stocks fell, PRADA decreased by 3.80%, BOSSINI INT'L dropped by 3.48%;
China Merchants: The export manufacturing prosperity continues, expecting a recovery of quality mid-to-high-end brands in 2025.
The outdoor sector continues to thrive, and in 2024, outdoor and sports performance is expected to outperform traditional apparel. Looking ahead to 2025, with continuous incremental policies, consumer activity is expected to warm up, and there are hopes for the recovery of high-quality mid-to-high-end brands.
Macquarie from "The Big Line" reported that mainland Sports brands prefer Anta (02020.HK) and the first choice for OEM is Yue Yuen (00551.HK).
Macquarie stated that among the nine sporting goods manufacturers covered by its research, Footwear and Outfits manufacturing revenue increased by 15% and 10% year-on-year last month. The firm prefers Anta (02020.HK) among local sporting brands in China, and among manufacturers, it prefers the fairly valued Yue Yuen (00551.HK), followed by Shenzhou (02313.HK) and the **** stock, Ruentex. The firm also pointed out that Yue Yuen's manufacturing sales grew by 17% year on year last month, slowing from October's 21.3%, but continues to reflect solid customer Order momentum. The firm believes that Adidas and Other running shoe brands continue to contribute strong Order growth, just as
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.
"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 "
Announcement Highlights | Fuyao Glass: Net profit of approximately 5.5 billion yuan in the first three quarters; Yancoal Aus: Coal sales volume increased by 20% in the third quarter.
new china life insurance: The cumulative original insurance premium income for the first 9 months was 145.644 billion yuan; jiangsu lopal tech., a manufacturer of lithium iron phosphate cathode material, conducted a listing hearing on the Hong Kong Stock Exchange.
Hong Kong stock market morning report on October 18th: European Central Bank cuts interest rates by 25 basis points, with most popular China concept stocks experiencing declines.
①The European Central Bank announced a 25 basis point rate cut. ②US retail sales data for September exceeded market expectations. ③The three major US stock indexes rose and fell unevenly last night, with most popular China concept stocks falling. ④Spot gold and comex gold futures both hit historical highs. ⑤Israel confirmed that Hamas leader Sinwar was killed.
Stella International Logs Flat Revenue in Q3
Stella Holdings (01836.HK): Comprehensive revenue for the first three quarters increased by 5.1% to 1.16 billion US dollars
On October 17, stella holdings (01836.HK) announced that in the third quarter of 2024, the unaudited comprehensive income of the group increased by approximately 0.6% to 0.3897 billion US dollars (compared to 0.3872 billion US dollars in the same period in 2023). For the nine months ended September 30, 2024, the unaudited comprehensive income of the group increased by approximately 5.1% to 1.1597 billion US dollars (compared to 1.1032 billion US dollars in the same period in 2023).
Kowloon Development (01836.HK) saw a slight 0.6% year-on-year increase in third-quarter consolidated income, pledging to pass share repurchases and special dividends back to shareholders.
Stella Holdings (01836.HK) announced that as of the third quarter ending September 30 this year, the unaudited total revenue of the group was 0.389 billion US dollars, an increase of approximately 0.6% year-on-year. In addition, as of the first three quarters ending September 30 this year, the unaudited total revenue of the group was 1.159 billion US dollars, an increase of approximately 5.1% year-on-year. In the third quarter of this year, the group's manufacturing business shipment volume increased by 5.7% year-on-year; while for the first three quarters of the year, it increased by 10.1%, mainly driven by the sports category. The average selling prices for both periods have decreased, as the proportion of orders for sports category products with lower average selling prices is higher, and orig
Stella Holdings (01836.HK): Steady growth in orders in Q3 24, steadily increasing capacity utilization.
In Q3 of 2024, the company's orders are stable and improving, with strong production capacity, high labor efficiency, and a high-quality customer structure. The company is steadily advancing capacity expansion, improving capacity utilization, and profit potential is expected to continue to increase. Expected 2024-2026.
This week in Hong Kong stocks, real estate stocks dominate! Sunac surged more than 62% in a week; leading the bull market, brokerage stocks collectively surged, gtja rose more than 60% this week.
With the dual stimulus of bullish policies and improved overseas liquidity, the three major stock indexes in Hong Kong collectively strengthened this week. As of today's close, the hang seng index has accumulated an increase of 13%, closing at 20632.30 points; the technology index has accumulated an increase of 20.23%, closing at 4453.24 points; the hang seng china enterprises index has accumulated an increase of 14.39%, closing at 7299.90 points.
Morgan Stanley: Domestic demand stocks may face profit pressure in the fourth quarter. Listing 6 selected Hong Kong stocks.
Morgan Stanley released a research report stating that consumer price reductions have become a trend, and companies are using high 'cost-performance ratio' strategies to drive foot traffic or sales, with domestic stocks likely facing gross profit pressure in the fourth quarter. The bank expects the beverage sector to be resilient, but the dairy industry may perform worse than expected in the fourth quarter. Baijiu will face more challenges compared to beer, while offline foot traffic for sports apparel continues to fluctuate. The hotel sector may see its oversupply peak in the third quarter. The bank also pointed out that although earlier consumer data did not show strong improvement, investors should pay attention to the benefits brought by recent stimulus measures. The report lists 6 selected Hong Kong stocks, all rated 'outperform the market,' including Haier Smarthome (06690).