In today’s briefing:
- Hong Kong Buybacks Weekly (Jan 24th): Cosco Shipping, AIA, HSBC
- Samsung Electronics (005930 KS) Primed for a Rally: Key Profit Targets
Hong Kong Buybacks Weekly (Jan 24th): Cosco Shipping, AIA, HSBC
- We analyze statistics on top repurchases over one week, one month, one quarter and one year periods ended on Jan 24th based on HKEx daily reports.
- In the past 7 days, the top 3 companies that repurchased the most shares from the market were Cosco Shipping (1919 HK), AIA (1299 HK), HSBC (5 HK).
- In the past 30 days, the top 3 companies that repurchased the most shares from the market were Tencent (700 HK), AIA (1299 HK), Anta (2020 HK).
Samsung Electronics (005930 KS) Primed for a Rally: Key Profit Targets
- Samsung Electronics (005930 KS) has been in a downtrend since mid July 2024. A base may be forming and the stock may begin a rally from here.
- This insight will identify the WEEKLY profit targets for this possible rally: since the stock’s direction is unclear at the moment, strategic predictions risky, better be short-term tactical.
- The stock currently has corrected for 2 weeks from the last close up, reaching the 50% support area, according to our Samsung Electronics quantitative LONG model.
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