YUE YUEN IND (00551) canceled a total of 3.9955 million shares that had been repurchased on December 20.

YUE YUEN IND (00551) announced that it will cancel a total of 399 repurchased shares on December 20, 2024...

Zhitong FinanceDec 20 16:40

【Brokerage Focus】Tianfeng maintains a "Buy" rating for YUE YUEN IND (00551), noting that the Matthew effect in the Industry is beneficial for enhancing the market share of leading supply chains.

Jingwu Financial News | Tianfeng issued a Research Report indicating that YUE YUEN IND (00551) is expected to see a 17% year-on-year increase in manufacturing Business revenue for each month in 2024, with a cumulative year-on-year growth of 10.9%; the monthly revenue of Baosheng decreased by 12% year-on-year, with a cumulative decrease of 8.4%; the overall revenue for listed companies in November 2024 is 0.68 billion USD, reflecting a year-on-year increase of 7.5%, with a cumulative revenue of 7.5 billion USD, a year-on-year increase of 3.4%. The firm believes that the core logic of weaving lies in capturing relative certainty amid uncertainty, and remains Bullish on the trend of 2025; the multi-client layout can hedge against terminal retail and cyclical risks, and the Matthew effect in the Industry benefits the leading supply chain.

Jinwu Financial NewsDec 13 13:46 · Ratings

YUE YUEN IND (00551): Manufacturing continued positive growth in November.

The company released data for November, showing that the company's manufacturing Business revenue increased by 17% year-on-year for the month, with a cumulative year-on-year growth of 10.9%. Baoshen's revenue decreased by 12% year-on-year for the month, with a cumulative year-on-year decrease of 8.4%. Overall, the listed company in January 2024.

TianfengDec 13 11:17

Hong Kong market quick view | All three major Indexes closed higher, with active performance in tech and Brokerage stocks, Xiaomi Group rose nearly 4%, and Guolian increased by more than 9%.

Network Technology stocks increased, XIAOMI-W rose by 3.78%, KUAISHOU-W rose by 2.47%; Dining stocks performed well, HAILUNSI rose by 9.52%, JIUMAOJIU rose by 5.40%; Sporting Goods stocks also performed well, TOPSPORTS rose by 7.78%, XTEP INT'L rose by 3.35%.

Futu NewsDec 12 16:38

Major rating | Macquarie: Prefers Anta among domestic Sports brands, and YUE YUEN IND and Shenzhou among OEMs.

On December 12, Glonghui reported that Macquarie stated that among the 9 sporting goods manufacturers covered by the firm, footwear and clothing manufacturing revenue increased by 15% and 10% year-on-year last month. The firm prefers Anta among local sports brands in China and favors YUE YUEN IND, which is not overpriced, and then Shenzhou among manufacturers, with both rated as "outperforming the market." The firm also noted that YUE YUEN's manufacturing sales grew by 17% year-on-year last month, slowing from 21.3% in October, but still reflecting solid customer order momentum. The firm believes that Adidas and other running shoe brands continue to contribute to strong order growth, as observed during their factory inspections in Indonesia.

Gelonghui FinanceDec 12 10:41 · Ratings

Citibank gives YUE YUEN IND a "Buy" rating with a Target Price of HKD 20.3.

Citibank released a research report stating that YUE YUEN IND (00551) has seen a 10.9% increase in Revenue for its footwear manufacturing Business (MFG) year-to-date, and the situation in the first 11 months of this year aligns with the bank's expectations. Since the end of September, due to revenue growth and gross margin expansion for the fourth quarter of 2024, the MFG Sector has performed strongly, with stock prices rising over 25%, assigning a Target Price of HKD 20.3 and a 'Buy' rating.

Sina Hong Kong StockDec 12 10:32