Research from Quam Securities, Quam Securities

Quam Securities Research

Research from Quam Securities

Quam Securities

Since its inception in 1986, Quam Securities Limited (Quam Securities) has grown to become one of the few mid-tier securities brokerages in Hong Kong with global execution capabilities for both private and institutional clients. It boasts a well-established network in Greater China including Taiwan and in major world markets through the Global Alliance Partners (GAP). Quam Securities is well-positioned not only to harness and drive business within the China Tonghai International Financial Limited but also between China and the world markets.

Equity Bottom-Up

<ul><li>Crystal International reported 11% NP growth for 1H26</li><li>As the global apparel industry navigated a mixed market environment into 1H26, marked by geopolitical uncertainties and logistics challenges from the Middle East conflict, Crystal (2232 HK; BUY) delivered solid results with revenue up 5.4% y/y to US$1.30bn and net profit increasing by 10.6% y/y to US$108.7mn.</li><li>Leveraging its diversified product portfolio and flexible production layout, it achieved steady performance across key product segments and major regions, including Asia-Pacific and Europe.</li></ul>

Crystal International reported 11% NP growth for 1H26As the global apparel industry navigated a mixed market environment into 1H26, marked by geopolitical uncertainties and logistics challenges from the Middle East conflict, Crystal (2232 HK; BUY) delivered solid results with revenue up 5.4% y/y to US$1.30bn and net profit increasing by 10.6% y/y to US$108.7mn.Leveraging its diversified product portfolio and flexible production layout, it achieved steady performance across key product segments and major regions, including Asia-Pacific and Europe.

Quam Morning Note (20 Aug) - Crystal Int.

China

Shanxi Meijin Energy Co., Ltd. produces coal and related products.

Shanxi Meijin Energy Co, Ltd. (000723 CH)

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Quam Morning Note (20 Aug) - Crystal Int.

Crystal International reported 11% NP growth for 1H26 As the global apparel industry navigated a mixed market environment into 1H26, marked by...

Quam Securities