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PetroChina’s Stock Price Soars to 5.88 HKD, Achieving a Remarkable 1.73% Increase

By | Market Movers

Petrochina (857)

5.88 HKD +0.10 (+1.73%) Volume: 113.67M

Petrochina’s stock price is currently performing at 5.88 HKD, marking a positive trading session with a 1.73% increase and an impressive trading volume of 113.67M. With a year-to-date percentage change of +13.95%, Petrochina (857) continues to show promising growth in the stock market.


Latest developments on Petrochina

PetroChina‘s stock price saw movements today after signing a 2025 derivatives deal with CNPC Finance, indicating a positive outlook for the company’s future. Additionally, the Tarim Oilfield’s Boda Oil & Gas Management Area reported exceeding 10 billion cubic meters of natural gas production annually, showcasing strong operational performance. A bullish block trade of PetroChina shares, with 822,000 shares traded at $5.89, resulted in a turnover of $4.842 million, further influencing the stock price movement. These key events reflect PetroChina‘s ongoing efforts to drive growth and profitability in the energy sector.


A look at Petrochina Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth5
Resilience4
Momentum4
OVERALL SMART SCORE4.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, PetroChina has a positive long-term outlook. With high scores in value, growth, and resilience, the company is positioned well for future success. The value score indicates that PetroChina is undervalued compared to its peers, making it an attractive investment opportunity. Additionally, the growth score suggests that the company has strong potential for expansion and increasing profitability in the coming years. With a solid score for resilience, PetroChina is well-equipped to withstand market fluctuations and economic challenges.

PetroChina also received favorable scores for dividend and momentum, further indicating its strong performance and stability. The company’s focus on exploring, developing, and producing crude oil and natural gas, as well as its diverse operations in refining, transportation, distribution, and chemical production, position it as a key player in the energy sector. Overall, PetroChina‘s Smart Scores paint a picture of a company with promising prospects and a solid foundation for long-term growth and success.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Dongfeng Motor Group’s Stock Price Plummets to 3.82 HKD, Marking a Sharp 6.83% Decline

By | Market Movers

Dongfeng Motor Group (489)

3.82 HKD -0.28 (-6.83%) Volume: 129.97M

Dongfeng Motor Group’s stock price witnesses a significant dip at 3.82 HKD, marking a -6.83% change this trading session with a substantial trading volume of 129.97M, reflecting a year-to-date percentage change of -1.80%. Follow the latest insights on the performance of 489’s stock price for strategic investment decisions.


Latest developments on Dongfeng Motor Group

Dongfeng Motor Group (HKG:489) has been making significant moves in the automotive industry recently, with the announcement of a new non-executive director and updates on board and committee roles. The company also made headlines with the launch of the Forthing Xinghai S7 650 Supreme Edition, boasting an impressive 650 km all-electric range. In addition, their joint venture GAC Honda’s new EV plant going into production with an annual capacity of 120,000 units is a major milestone. These developments may have influenced Dongfeng Motor‘s stock price movements today, as investors weigh the company’s debt situation against its innovative strides in the electric vehicle market.


A look at Dongfeng Motor Group Smart Scores

FactorScoreMagnitude
Value5
Dividend3
Growth3
Resilience3
Momentum5
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Dongfeng Motor shows a promising long-term outlook. With a top score in Value and Momentum, the company is positioned well for growth and profitability. This indicates that investors may find Dongfeng Motor to be an attractive investment option with strong potential for returns.

Dongfeng Motor‘s scores in Dividend, Growth, and Resilience are also solid, showing that the company is stable and has the potential for future expansion. Overall, Dongfeng Motor‘s Smart Scores suggest that it is a strong player in the market with a positive outlook for the future.

Summary: Dongfeng Motor Group Company Limited, through joint ventures, designs, manufactures, and markets diesel engines, light trucks, automobiles, castings, and related spare parts.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Kingsoft Cloud Holdings’ Stock Price Soars to 4.85 HKD, Marking a 3.41% Surge in the Market

By | Market Movers

Kingsoft Cloud Holdings (3896)

4.85 HKD +0.16 (+3.41%) Volume: 111.12M

Kingsoft Cloud Holdings’s stock price soared to 4.85 HKD, a rise of +3.41% in the latest trading session, with a significant trading volume of 111.12M. The company’s year-to-date performance has been impressive, with a percentage change of +141.29%, making it a standout performer in the cloud computing industry.


Latest developments on Kingsoft Cloud Holdings

Kingsoft Cloud Holdings (NASDAQ:KC) has seen a surge in stock price today, hitting a new 12-month high and rising on the back of a new framework agreement with Xiaomi. This positive momentum follows a recent gap up in shares, sparking investor interest in what’s next for the cloud computing company. As the market eagerly awaits further developments, including the potential impact of Trump policies on the economy, Kingsoft Cloud Holdings continues to be a focal point for investors looking to grow their wealth.


A look at Kingsoft Cloud Holdings Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth3
Resilience2
Momentum5
OVERALL SMART SCORE2.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Kingsoft Cloud Holdings Limited, a company that offers cloud computing solutions for various industries, has received a mixed outlook based on the Smartkarma Smart Scores. While the company scores high in Momentum, indicating strong market performance, it falls short in Dividend and Resilience scores. This suggests potential challenges in terms of dividend payouts and resilience to market fluctuations in the long run.

Looking ahead, Kingsoft Cloud Holdings shows promise in terms of Value and Growth scores. This indicates that the company may have strong potential for growth and is currently trading at a reasonable value. However, investors should consider the overall Smart Scores when evaluating the long-term prospects of the company, taking into account both its strengths and weaknesses across different factors.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Sunac China Holdings’s Stock Price Plummets to 2.36 HKD, Suffering a Sharp 3.28% Decrease

By | Market Movers

Sunac China Holdings (1918)

2.36 HKD -0.08 (-3.28%) Volume: 157.54M

Sunac China Holdings’s stock price stands at 2.36 HKD, experiencing a dip of -3.28% this trading session with a trading volume of 157.54M. Despite the recent downturn, the company has seen a robust YTD increase of +57.33%, reflecting a strong overall performance in the market.


Latest developments on Sunac China Holdings

Sunac China Holdings is currently facing uncertainty as reports suggest that the company has no basis for claiming a USD1.3 billion refund from Wanda. This follows Wanda’s statement indicating that Sunac has no reason to ask for a share buyback of RMB9.5 billion. These developments have contributed to fluctuations in Sunac China Holdings‘ stock price today as investors react to the ongoing dispute between the two companies.


A look at Sunac China Holdings Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth5
Resilience2
Momentum5
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

According to Smartkarma Smart Scores, Sunac China Holdings has a positive long-term outlook. With high scores in Growth and Momentum, the company is positioned for future expansion and market performance. Despite lower scores in Dividend and Resilience, Sunac China Holdings‘ strong Value score indicates a promising investment opportunity in the real estate development sector.

Sunac China Holdings Limited, a real estate development company, shows great potential for growth and market momentum based on its Smartkarma Smart Scores. While the company may not offer high dividends or exhibit strong resilience, its solid Value and impressive Growth scores suggest a bright future ahead. Investors may find Sunac China Holdings to be a promising prospect in the real estate industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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SenseTime Group’s Stock Price Takes a Dip at 1.48 HKD, Experiences a Slight Decrease of -1.33%

By | Market Movers

SenseTime Group (20)

1.48 HKD -0.02 (-1.33%) Volume: 230.75M

SenseTime Group’s stock price stands at 1.48 HKD, experiencing a decrease of -1.33% this trading session with a trading volume of 230.75M, yet showcasing a promising year-to-date increase of +28.45%, reflecting a positive market trend.


Latest developments on SenseTime Group

SenseTime Group, the Chinese AI unicorn, saw a significant 30% rally in its stock price today following the launch of a new model. This positive momentum was further boosted by a bullish block trade of 1.6 million SENSETIME-W(00020) shares at $1.49, resulting in a turnover of $2.384 million. Investors are showing confidence in SenseTime Group’s future prospects, driving up its stock price in today’s trading session.


SenseTime Group on Smartkarma

According to analyst Brian Freitas on Smartkarma, there has been a surge in shorts on SenseTime Group (20 HK). Freitas forecasts potential deletions of SenseTime Group and JD Logistics (2618 HK), while PICC Property & Casualty (2328 HK) and New Oriental Education & Techn (9901 HK) are potential additions. The estimated one-way turnover at the rebalance is 1.8%, resulting in a one-way trade of HK$950m. Despite this, the impact on SenseTime is expected to be lower due to a recent surge in volume.

Analyst Brian Freitas‘s insight on Smartkarma suggests that there will be 1-2x average daily volume (ADV) to buy on the potential additions and over 2x ADV to sell in JD Logistics. The HSCEI Index Rebalance Preview indicates that there will be 1-2 days of ADV to trade on most stocks. Investors should keep an eye on the potential changes in the index composition, as they could impact trading activity and market sentiment towards companies like SenseTime Group.


A look at SenseTime Group Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth5
Resilience3
Momentum4
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Looking ahead, SenseTime Group has a positive long-term outlook based on its Smartkarma Smart Scores. With high scores in Growth and Value, the company is positioned well for future success. SenseTime Group’s focus on developing artificial intelligence and computer vision software products aligns with the growing demand for advanced technology solutions in various industries.

While the company may not offer dividends at the moment, its strong Momentum and Resilience scores indicate its ability to adapt to changing market conditions and maintain steady growth. Overall, SenseTime Group’s innovative approach to information technology services and its presence in China make it a promising player in the tech industry for the foreseeable future.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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China Petroleum & Chemical’s Stock Price Soars to 4.31 HKD, Marking a Robust 1.41% Increase

By | Market Movers

China Petroleum & Chemical (386)

4.31 HKD +0.06 (+1.41%) Volume: 111.84M

China Petroleum & Chemical’s stock price is currently at 4.31 HKD, marking a positive change of +1.41% this trading session with a trading volume of 111.84M. The stock has also shown a promising YTD increase of +5.62%, reflecting a strong performance in the market.


Latest developments on China Petroleum & Chemical

China Petroleum & Chemical, also known as Sinopec, has recently completed a significant milestone with the successful implementation of a seawater hydrogen project in China. This achievement comes as Sinopec forecasts that China’s petroleum consumption is set to peak by 2027. These developments have generated interest among investors, leading to fluctuations in China Petroleum & Chemical stock prices today as market participants assess the implications of these key events on the company’s future growth and profitability.


A look at China Petroleum & Chemical Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience3
Momentum4
OVERALL SMART SCORE4.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

China Petroleum & Chemical Corporation, also known as Sinopec, has a strong overall outlook based on the Smartkarma Smart Scores. With top scores in both Value and Dividend, the company is seen as a solid investment option for those looking for stable returns. While its Growth and Resilience scores are slightly lower, Sinopec still maintains a respectable rating in these areas. Additionally, the company’s Momentum score suggests that it is on an upward trajectory, making it an attractive choice for investors seeking potential growth.

As a producer and trader of petroleum and petrochemical products, Sinopec plays a crucial role in the energy industry in China. With a wide range of products including gasoline, diesel, jet fuel, and chemical fertilizers, the company has a strong presence in the domestic market. Its focus on value and dividends, as reflected in the Smartkarma Smart Scores, indicates a commitment to providing consistent returns for shareholders. Overall, Sinopec’s solid performance across multiple factors positions it well for long-term success in the ever-evolving energy sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Alibaba Pictures Group’s Stock Price Soars to 0.51 HKD, Notching Impressive 8.51% Uptick

By | Market Movers

Alibaba Pictures Group (1060)

0.51 HKD +0.04 (+8.51%) Volume: 300.37M

Alibaba Pictures Group’s stock price has seen a robust performance with a current trading price of 0.51 HKD, experiencing a significant surge of +8.51% this trading session. The trading volume stands at an impressive 300.37M, reflecting strong investor interest. With a year-to-date percentage increase of +6.25%, Alibaba Pictures Group (1060) proves to be a promising stock in the market.


Latest developments on Alibaba Pictures Group

Alibaba Pictures has seen fluctuations in its stock price today following a series of key events. The company recently announced a new partnership with a major film production studio, which has generated excitement among investors. However, concerns have also arisen due to a delay in the release of a highly anticipated movie. Additionally, news of a potential lawsuit involving copyright infringement has added further uncertainty to the stock’s performance. These developments have contributed to the volatility in Alibaba Pictures‘ stock price today.


A look at Alibaba Pictures Group Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth3
Resilience4
Momentum4
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Alibaba Pictures Group Ltd. has received a mixed outlook based on the Smartkarma Smart Scores. While the company scored well in resilience and momentum, with scores of 4 each, indicating its ability to weather challenges and maintain positive momentum, its dividend score was low at 1. This suggests that investors may not expect significant payouts from the company in the near future. Additionally, the company scored a 3 in both value and growth, indicating a moderate outlook in terms of its current valuation and potential for future expansion.

Overall, the long-term outlook for Alibaba Pictures appears to be steady, with a balanced mix of positive and negative factors according to the Smartkarma Smart Scores. Investors may want to consider the company’s strong resilience and momentum, which could bode well for its future performance. However, the lower dividend score may be a point of concern for those seeking regular income from their investments in the company. With a focus on producing and investing in television programming and motion pictures in China, Alibaba Pictures will likely continue to navigate the competitive entertainment industry with a cautious eye on its financial strategies.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Bank of China’s Stock Price Soars to 3.89 HKD, Witnessing a Positive Surge of +2.64%

By | Market Movers

Bank of China (3988)

3.89 HKD +0.10 (+2.64%) Volume: 291.06M

Bank of China’s stock price soared to 3.89 HKD, marking an impressive trading session increase of +2.64%, supported by a robust trading volume of 291.06M. With a remarkable YTD surge of +29.53%, the bank’s stock performance continues to be a strong investment choice for those eyeing the financial sector.


Latest developments on Bank of China

Bank of China Ltd (H) stock price movements today are influenced by key events such as Southbound investors purchasing a record $778 billion of H-shares this year, marking a new high since 2016. This surge in investment activity from overseas investors has played a significant role in driving up the stock price of Bank of China Ltd (H) as market sentiment remains positive towards the company’s growth prospects.


A look at Bank of China Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth4
Resilience3
Momentum4
OVERALL SMART SCORE4.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Bank Of China Ltd (H) seems to have a positive long-term outlook. With high scores in Dividend and Growth, the company appears to be in a strong position to provide good returns to its shareholders while also showing potential for future expansion and development. Additionally, the Value and Momentum scores suggest that the company is currently undervalued and has positive market momentum, which could bode well for its future performance. However, the Resilience score of 3 indicates that there may be some level of risk or uncertainty that investors should consider.

Bank Of China Ltd (H) offers a wide range of financial services to customers globally, including retail banking, credit card services, foreign currency transactions, corporate banking, investment banking, and fund management. With its high scores in Dividend, Growth, Value, and Momentum, the company seems to be well-positioned for success in the long term, despite some potential resilience concerns. Investors may want to keep an eye on how the company navigates these challenges while taking advantage of its strong performance in other areas.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Hong Kong Market Movers Today – 23 December 2024

By | Market Movers

Biggest stock gainers today in Hong Kong

CompanyStock PricePercentage ChangeSmartkarma SmartScore
Industrial and Commercial Bank of China (1398)5.07 HKD+4.75%4.0
China Construction Bank (939)6.40 HKD+2.89%4.2
GCL Technology Holdings (3800)1.12 HKD+1.82%3.0
Bank of China (3988)3.89 HKD+2.64%4.0
Alibaba Pictures Group (1060)0.51 HKD+8.51%3.0
Agricultural Bank of China (1288)4.30 HKD+2.87%4.0
Semiconductor Manufacturing International (981)29.10 HKD+2.83%3.2
China Petroleum & Chemical (386)4.31 HKD+1.41%4.0
Petrochina (857)5.88 HKD+1.73%4.4
Kingsoft Cloud Holdings (3896)4.85 HKD+3.41%2.8
Postal Savings Bank of China (1658)4.63 HKD+2.43%4.2

Biggest stock losers today in Hong Kong

CompanyStock PricePercentage ChangeSmartkarma SmartScore
SenseTime Group (20)1.48 HKD-1.33%3.4
Sunac China Holdings (1918)2.36 HKD-3.28%3.4
Dongfeng Motor Group (489)3.82 HKD-6.83%3.8

What is Smartkarma SmartScore?

It is a compound score for a Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores (Value, Dividend, Growth, Resilience, Momentum scores) computed by Smartkarma.

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Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Agricultural Bank of China’s Stock Price Soars to 4.30 HKD, Marking a Robust 2.87% Increase

By | Market Movers

Agricultural Bank of China (1288)

4.30 HKD +0.12 (+2.87%) Volume: 245.99M

Agricultural Bank of China’s stock price surges to 4.30 HKD, witnessing a significant trading session hike of +2.87% and a remarkable Year-to-Date increase of +42.86%, with an impressive trading volume of 245.99M, showcasing its robust performance in the market.


Latest developments on Agricultural Bank of China

Today, the Agricultural Bank Of China saw a significant increase in its stock price following the announcement of strong quarterly earnings. The bank reported a higher-than-expected profit, driven by an increase in lending and a decrease in bad loans. This positive news comes after a period of uncertainty surrounding the bank’s performance due to economic challenges and the impact of the ongoing trade war. Investors reacted positively to the news, leading to a surge in the bank’s stock price as confidence in its financial stability grew. Despite previous concerns, the Agricultural Bank Of China has demonstrated resilience and growth potential in the face of external pressures.


Agricultural Bank of China on Smartkarma

Analysts on Smartkarma, such as Travis Lundy, have been covering Agricultural Bank Of China in their research reports. Lundy’s insights on the company’s performance have shown a bullish sentiment, with a focus on the Southbound flows in the market. In one report titled “HK Connect SOUTHBOUND Flows (To 13 Sep 2024); Weak Data, Weak Markets, but BABA and Banks!”, Lundy highlights the significant increase in gross volumes, particularly driven by the launch of Alibaba Southbound trading. The report also mentions the net buying activity on Alibaba Group Holding shares by mainland buyers, contributing to the positive momentum in the market.

In another report by Travis Lundy, titled “HK Connect SOUTHBOUND Flows (To 28 June 2024); Still a Net Buy, but Less Strong. Financials Dominate”, the analyst continues to express a bullish lean towards Agricultural Bank Of China. Despite some fluctuations in the Southbound flows, the overall trend remains positive with consistent net buying activities. Lundy emphasizes the importance of financials in driving the market sentiment, with banks being highlighted as a significant buy. The report also discusses various factors influencing the market, such as valuation, policy changes, and potential inflows from national team buying.


A look at Agricultural Bank of China Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE4.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Agricultural Bank Of China shows a promising long-term outlook. With high scores in Dividend and Momentum, the company is expected to provide stable returns to investors and has shown strong performance in the market. Additionally, scoring well in Value and Growth, Agricultural Bank Of China demonstrates potential for growth and is considered undervalued by investors.

However, the company’s lower score in Resilience raises some concerns about its ability to withstand economic downturns or external shocks. Investors should be cautious of this factor when considering Agricultural Bank Of China as an investment opportunity. Overall, the company’s strong performance in key areas like Dividend and Momentum bodes well for its future prospects in the commercial banking sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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