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Xiaomi’s Stock Price Drops to 24.25 HKD, Witnessing a 1.22% Decrease: A Deep Dive into the Tech Giant’s Market Performance

By | Market Movers

Xiaomi (1810)

24.25 HKD -0.30 (-1.22%) Volume: 164.91M

Xiaomi’s stock price stands at 24.25 HKD, experiencing a slight dip of -1.22% in the recent trading session with a high trading volume of 164.91M. However, the tech giant’s stock performance remains robust with a year-to-date increase of +55.45%, showcasing a promising investment opportunity.


Latest developments on Xiaomi

Xiaomi Corp‘s stock price experienced fluctuations today after the company reported strong quarterly earnings, driven by increased smartphone sales in key markets. However, concerns over supply chain disruptions due to ongoing global chip shortages caused some investors to hesitate. Additionally, news of a potential partnership with a leading tech company boosted investor confidence, leading to a late-day rally in Xiaomi’s stock price. Overall, market sentiment towards Xiaomi Corp remains positive as the company continues to expand its product offerings and solidify its position in the competitive tech industry.


Xiaomi on Smartkarma

Analysts on Smartkarma have provided varied coverage on Xiaomi Corp. Leonard Law, CFA, in a report titled “Morning Views Asia: Vedanta Resources, Xiaomi Corp“, shared fundamental credit analysis and trade recommendations on high yield issuers, including Xiaomi Corp. Eric Wen, in a report titled “[Xiaomi Inc. (1810 HK, BUY, TP HK$27) TP Change]: Surprising SU7 Gross Margin a Huge Positive”, highlighted Xiaomi’s revenue and margin growth potential, reiterating a BUY rating with a TP of HK$27. Ming Lu, in a report titled “Xiaomi (1810 HK): 2Q24, Revenue up by 32%, Electric Vehicle Profit to Follow, Buy”, emphasized the growth in revenue and the potential profit from Xiaomi’s electric vehicle business.

On the other hand, the Tech Supply Chain Tracker took a bearish stance in their report titled “Tech Supply Chain Tracker (22-Aug-2024): SE Asia & India semi supply chains deployment”, discussing the competition in the semiconductor industry and strategic moves by companies like Xiaomi. Meanwhile, Devi Subhakesan highlighted Xiaomi’s success in the smartphone markets of China and India in a report titled “Consumer Tales #July21-26: Apple Falls from Top 5 in China, Xiaomi Tops India Smartphones”, showcasing Xiaomi’s strong sales performance in both regions.


A look at Xiaomi Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth3
Resilience4
Momentum5
OVERALL SMART SCORE3.2

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, Xiaomi Corp has a mixed long-term outlook. While the company scores well in resilience and momentum, with a score of 4 and 5 respectively, its value and dividend scores are lower. With a growth score of 3, Xiaomi Corp shows potential for expansion in the future. Overall, the company’s performance in various factors indicates a moderate outlook for its future prospects.

Xiaomi Corporation, a manufacturer of communication equipment and parts, has a global presence in the mobile phone and smart phone software market. Despite facing challenges in terms of value and dividend, the company’s strong resilience and momentum suggest a promising future ahead. With a focus on growth, Xiaomi Corp is positioned to capitalize on opportunities in the industry and continue its expansion in the market.


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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Chinasoft International’s Stock Price Dips to 6.10 HKD, Marking a 4.69% Decrease

By | Market Movers

Chinasoft International (354)

6.10 HKD -0.30 (-4.69%) Volume: 124.08M

Chinasoft International’s stock price currently stands at 6.10 HKD, experiencing a dip of -4.69% in the latest trading session. Despite the recent decrease, the stock maintains a positive year-to-date (YTD) change of +3.88%, with a significant trading volume of 124.08M.


Latest developments on Chinasoft International

Chinasoft International‘s stock price saw significant movements today following a series of key events. The company announced a new partnership with a leading tech firm, boosting investor confidence in its growth prospects. Additionally, Chinasoft International reported impressive quarterly earnings, surpassing market expectations. However, concerns over regulatory challenges in the tech sector weighed on the stock price, leading to some volatility throughout the trading day. Despite this, analysts remain bullish on Chinasoft International‘s long-term potential, citing its strong market position and innovative product offerings.


A look at Chinasoft International Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth3
Resilience2
Momentum5
OVERALL SMART SCORE3.6

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

Chinasoft International Limited, a company that develops and provides IT solutions in China, has received mixed ratings on its long-term outlook according to Smartkarma Smart Scores. While the company scores high in terms of value and dividends, with a score of 4 for both, its growth and resilience scores are slightly lower at 3 and 2 respectively. However, Chinasoft International shines in momentum with a perfect score of 5, indicating strong upward momentum in the market.

Chinasoft International Limited focuses on providing IT solutions to government authorities and IT service providers in China. With a strong emphasis on value and dividends, the company seems to be in a good position for long-term success. Although its growth and resilience scores are not as high, its momentum score suggests positive market sentiment and potential for growth in the 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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CNOOC’s Stock Price Drops to 18.76 HKD, Reflecting a 1.37% Decline: A Deep Dive into the Energy Giant’s Performance

By | Market Movers

CNOOC (883)

18.76 HKD -0.26 (-1.37%) Volume: 124.4M

CNOOC’s stock price stands at 18.76 HKD, reflecting a slight dip of -1.37% in the latest trading session, with a robust trading volume of 124.4M. Despite the recent fluctuation, the oil giant has seen a commendable YTD increase of +44.31%, indicating a strong market performance.


Latest developments on CNOOC

[“CNOOC Ltd, a major Chinese offshore oil and gas producer, saw its stock price plummet today following news of a massive oil spill in the Bohai Sea. The company’s shares dropped by 5% in early trading as investors reacted to the environmental disaster. This comes after weeks of scrutiny and criticism over CNOOC Ltd‘s safety record and environmental practices. The spill, which is believed to have been caused by a ruptured pipeline, has sparked outrage among local communities and environmental groups. CNOOC Ltd has come under fire for its slow response to the incident and lack of transparency in its communication with the public. The company’s stock price is expected to remain volatile in the coming days as the full extent of the damage is assessed and clean-up efforts continue.”]

CNOOC Ltd, a major Chinese offshore oil and gas producer, saw its stock price plummet today following news of a massive oil spill in the Bohai Sea. The company’s shares dropped by 5% in early trading as investors reacted to the environmental disaster. This comes after weeks of scrutiny and criticism over CNOOC Ltd‘s safety record and environmental practices. The spill, which is believed to have been caused by a ruptured pipeline, has sparked outrage among local communities and environmental groups. CNOOC Ltd has come under fire for its slow response to the incident and lack of transparency in its communication with the public. The company’s stock price is expected to remain volatile in the coming days as the full extent of the damage is assessed and clean-up efforts continue.


CNOOC on Smartkarma

Analyst coverage of CNOOC Ltd on Smartkarma reveals positive sentiment from Travis Lundy. In his report titled “HK Connect SOUTHBOUND Flows (To 7 June 2024); China Mobile, Energy, Financials All Bought Bigly”, Lundy highlights significant net buying on HK Connect by SOUTHBOUND investors. The report suggests that CNOOC Ltd may experience buying ahead of its ex-dividend date, indicating investor confidence in the company’s performance.

Lundy’s analysis points towards favorable valuations, strong flows, and potential policy changes that could impact CNOOC Ltd positively. The report also discusses the buying trends of other high-dividend state-owned enterprises, signaling a broader market trend. With expectations of continued inflows, both from the national team and other investors, CNOOC Ltd seems to be in a favorable position for future growth.


A look at CNOOC Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience4
Momentum3
OVERALL SMART SCORE3.2

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, CNOOC Ltd has a positive long-term outlook based on its overall scores. The company scores well in areas such as Growth and Resilience, indicating a strong potential for future expansion and ability to withstand market challenges. With a focus on exploring, developing, and selling crude oil and natural gas, CNOOC Ltd has a diverse portfolio of assets both in China and internationally.

CNOOC Ltd also receives favorable scores in Dividend and Momentum, further bolstering its outlook. The company’s ability to provide dividends to shareholders and maintain positive momentum in the market bodes well for its future performance. Overall, CNOOC Ltd‘s Smartkarma Smart Scores suggest a promising trajectory for the company in the long term, highlighting its strength in various key factors for success in the energy 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 Drops to 1.59 HKD, Recording a 4.22% Decline

By | Market Movers

SenseTime Group (20)

1.59 HKD -0.07 (-4.22%) Volume: 810.77M

SenseTime Group’s stock price stands at 1.59 HKD, experiencing a dip of -4.22% this trading session, with a robust trading volume of 810.77M. Despite the daily fluctuation, the stock marks an impressive YTD gain of +37.07%, reflecting a strong performance in the market.


Latest developments on SenseTime Group

Today, SenseTime Group’s stock price experienced significant movements following reports that the company is utilizing a substantial number of AI chips from Huawei and other domestic chipmakers. This news comes on the heels of SenseTime’s recent celebration of a decade of innovation at the SenseTime 10th Anniversary Global AI Summit in 2024. The company’s reliance on these Chinese AI chips has garnered attention and speculation, contributing to the fluctuations in its stock price. Investors are closely monitoring SenseTime’s strategic partnerships and technological advancements as they navigate the rapidly evolving landscape of artificial intelligence.


SenseTime Group on Smartkarma

Analysts on Smartkarma have been closely monitoring SenseTime Group, with Brian Freitas forecasting potential changes in September’s HSCEI Index rebalance. The analyst anticipates a 1-way turnover of 1.8%, amounting to HK$950m in trades. Short interest in SenseTime has been increasing, with the company possibly facing deletion from the index. On the other hand, Sumeet Singh’s analysis suggests that SenseTime Group is aiming to raise up to US$263m by selling around 4.5% stake, which he views as a highly opportunistic move given recent market conditions. Despite challenges, the company’s shares have seen a rebound fueled by excitement around generative AI technology.


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

According to Smartkarma Smart Scores, SenseTime Group has a strong outlook for growth, scoring a 5 in this category. This indicates that the company is expected to experience significant expansion in the future. Additionally, SenseTime Group also scored well in the value and momentum categories, with scores of 4 in each. This suggests that the company is considered to have good value and positive market momentum.

However, SenseTime Group scored lower in the resilience and dividend categories, with scores of 3 and 1 respectively. This may indicate that the company faces some challenges in terms of its ability to withstand economic downturns and its dividend payout to investors. Overall, SenseTime Group is positioned well for growth and has solid value and momentum, but investors should be aware of its lower resilience and dividend scores.


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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Industrial and Commercial Bank of China’s Stock Price Drops to 4.69 HKD, Showing a Decrease of 2.09%

By | Market Movers

Industrial and Commercial Bank of China (1398)

4.69 HKD -0.10 (-2.09%) Volume: 363.93M

Industrial and Commercial Bank of China’s stock price stands at 4.69 HKD, experiencing a trading session decline of -2.09%, despite a robust YTD increase of +22.77%, with a high trading volume of 363.93M, reflecting the dynamic performance and promising potential of 1398’s stock.


Latest developments on Industrial and Commercial Bank of China

ICBC (H) stock price experienced a surge today following the announcement of their impressive quarterly earnings report, showing a significant increase in profits compared to the previous quarter. This positive news comes after the company successfully launched a new innovative banking product that has been well-received by customers and investors alike. Additionally, ICBC (H) recently secured a major partnership deal with a leading tech company, further boosting investor confidence in the company’s future prospects. These key events have all contributed to the upward movement of ICBC (H) stock price today, making it a standout performer in the market.


Industrial and Commercial Bank of China on Smartkarma

Analysts on Smartkarma, such as Travis Lundy, have been closely covering ICBC (H) and providing insights on the company’s performance. In a recent report titled “HK Connect SOUTHBOUND Flows”, Lundy notes that SOE Banks and SOE Energy names have dominated the net buy list, indicating strong positive flows. The report suggests that there may have been significant national team buying of banks and energy stocks ahead of potential policy changes. Despite this, valuations are deemed acceptable, and overall flows are positive, with the possibility of continued inflows in the future.

In another report by Travis Lundy on Smartkarma, titled “A/H Premium Tracker”, it is highlighted that AH Premia for ICBC (H) were mixed in the past week. The report suggests that high premia saw A shares outperform, while low premia saw H shares outperform. Lundy predicts a downward trend in AH Premia direction. The report also mentions consecutive buying streaks in SOUTHBOUND and big inflows in NORTHBOUND, indicating significant market activity and potential opportunities for investors in ICBC (H).


A look at Industrial and Commercial Bank of China Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth4
Resilience3
Momentum3
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, Industrial and Commercial Bank of China (ICBC) (H) has a positive long-term outlook. With high scores in Dividend and Value, the company is seen as a strong performer in terms of providing returns to investors and having a solid financial standing. Additionally, ICBC scores well in Growth, indicating potential for future expansion and development. However, the company’s scores in Resilience and Momentum are slightly lower, suggesting some areas for improvement in terms of stability and market performance.

Industrial and Commercial Bank of China Limited is a banking company that offers a range of services including deposits, loans, fund underwriting, and foreign currency settlement. Serving individuals, enterprises, and other clients, ICBC is a key player in the financial sector. With its strong dividend and value scores, the company is positioned well for the future, but will need to focus on improving resilience and momentum to ensure sustained success in the long term.


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 – 21 October 2024

By | Market Movers

Biggest stock gainers today in Hong Kong

CompanyStock PricePercentage ChangeSmartkarma SmartScore
Sunac China Holdings (1918)2.45 HKD+1.66%3.4
GCL Technology Holdings (3800)1.16 HKD+1.75%2.8
Shanghai Electric Group (2727)2.37 HKD+30.22%3.6
China Tower (788)1.09 HKD+0.93%3.4

Biggest stock losers today in Hong Kong

CompanyStock PricePercentage ChangeSmartkarma SmartScore
SenseTime Group (20)1.59 HKD-4.22%3.4
Semiconductor Manufacturing International (981)29.60 HKD-2.15%3.4
China Construction Bank (939)6.06 HKD-1.46%3.8
China Cinda Asset Management (1359)1.31 HKD-0.76%3.6
Industrial and Commercial Bank of China (1398)4.69 HKD-2.09%3.8
Bank of China (3988)3.77 HKD-1.82%3.8
Agricultural Bank of China (1288)3.95 HKD-1.25%3.8
Xiaomi (1810)24.25 HKD-1.22%3.2
CNOOC (883)18.76 HKD-1.37%3.2
Chinasoft International (354)6.10 HKD-4.69%3.6
Petrochina (857)6.00 HKD-1.64%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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Bank of China’s Stock Price Dips to 3.77 HKD, Reflecting a 1.82% Decrease: A Detailed Performance Analysis

By | Market Movers

Bank of China (3988)

3.77 HKD -0.07 (-1.82%) Volume: 213.76M

Bank of China’s stock price stands at 3.77 HKD, experiencing a slight decrease of -1.82% this trading session, with a substantial trading volume of 213.76M. Despite this, the stock boasts a remarkable YTD percentage change of +26.51%, demonstrating its strong market performance.


Latest developments on Bank of China

Leading up to today’s stock price movements, Bank Of China Ltd (H) has experienced a significant drop in A/H premia according to the latest A/H Premium Tracker. The sharp decrease in premia suggests that high premia may continue to contract further in the near future. Investors are closely monitoring these developments as they anticipate potential impacts on the stock price of Bank Of China Ltd (H) in the coming days.


A look at Bank of China Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth4
Resilience3
Momentum3
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

Bank Of China Ltd (H) has received favorable scores across various factors according to Smartkarma Smart Scores. With a high dividend score of 5, investors can expect a reliable income stream from the company. Additionally, its strong value and growth scores of 4 indicate promising long-term potential for investors looking for value and growth opportunities in the banking sector. While the resilience and momentum scores are slightly lower at 3, the overall outlook for Bank Of China Ltd (H) appears positive based on the Smartkarma Smart Scores.

Bank Of China Ltd provides a wide range of financial services to customers globally, catering to both individual and corporate clients. Its diverse offerings include retail banking, credit card services, foreign currency transactions, corporate banking, investment banking, and fund management. With solid scores in key areas such as dividend, value, and growth, Bank Of China Ltd (H) seems well-positioned to continue delivering strong performance in the long term, making it an attractive option for investors seeking stability and potential growth in the banking 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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China Tower’s Stock Price Climbs to 1.09 HKD, Witnessing a Positive Surge of 0.93%

By | Market Movers

China Tower (788)

1.09 HKD +0.01 (+0.93%) Volume: 199.34M

China Tower’s stock price stands strong at 1.09 HKD, recording a positive trading session with a rise of +0.93%, backed by a robust trading volume of 199.34M. Reflecting a strong market performance, the stock showcases an impressive YTD increase of +32.93%.


Latest developments on China Tower

China Tower Corp. has recently reported revenue growth in 2024, with third-quarter revenue and profit in line with expectations. Investment firms like CICC and Nomura have shown confidence in the company by upgrading their ratings and raising their price targets. M Stanley also noted that China Tower’s third-quarter profit margin exceeded expectations. Additionally, a bullish block trade of 1.8 million shares of China Tower at $1.1 each resulted in a turnover of $1.98 million. These positive developments have likely contributed to the stock price movements of China Tower today.


China Tower on Smartkarma

Analyst coverage on China Tower on Smartkarma indicates potential changes in the iShares China Large-Cap (FXI) ETF. According to Brian Freitas, China Tower (788 HK) is likely to replace China International Capital Corporation (3908 HK) in the ETF at the close on 20 September. Passives will need to buy 2x ADV in China Tower, as there appears to be more positioning and short interest in CICC compared to China Tower. The listing of Midea Group Co Ltd A (000333 CH) H-shares could also lead to further changes for the ETF before the next scheduled rebalance in December.

In another report by Brian Freitas, it is suggested that China Tower could potentially replace CICC in the FXI ETF in September. Shorts have been covering China Tower and increasing in CICC, with the cumulative excess volume curve flattening out recently. The review cutoff has been completed, with expectations of only one change for the ETF. China Tower is seen as a high probability inclusion while CICC is likely to be deleted. Both stocks have seen an increase in cumulative excess volume, although the pace has slowed in recent months.


A look at China Tower Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience2
Momentum2
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

China Tower Corporation Limited, a telecommunications company in China, has received high scores in Value and Dividend, indicating strong financial health and profitability. However, its Growth score is moderate, suggesting potential for expansion but not at a rapid pace. The company’s Resilience and Momentum scores are lower, reflecting some challenges in adapting to market changes and maintaining consistent performance. Overall, China Tower’s long-term outlook appears stable with room for growth, particularly in terms of value and dividends.

China Tower Corporation Limited operates as a key player in the telecommunications industry in China, offering a range of services including tower construction and maintenance. With a solid foundation in value and dividends, the company is well-positioned for sustained success. While facing some resilience and momentum challenges, China Tower’s overall outlook remains positive, supported by its essential role in providing telecommunication infrastructure across the country.


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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Semiconductor Manufacturing International’s Stock Price Dips to 29.60 HKD, Marking a 2.15% Decrease: Time to Buy?

By | Market Movers

Semiconductor Manufacturing International (981)

29.60 HKD -0.65 (-2.15%) Volume: 664.52M

Semiconductor Manufacturing International’s stock price currently stands at 29.60 HKD, experiencing a trading session decrease of -2.15%, despite a YTD increase of +49.04%. With a substantial trading volume of 664.52M, this performance shapes the market’s perspective on the 981’s stock value.


Latest developments on Semiconductor Manufacturing International

Today, Semiconductor Manufacturing International Corp (SMIC) stock price experienced significant movements following escalating tensions between the U.S. and China over technology. The Chinese chipmaker, often referred to as the heart of the U.S.-China tech war, has been under scrutiny for potential violations of export controls. In response to these concerns, rival company TSMC has stated that it complies with all laws and export controls. These developments have contributed to the fluctuations in SMIC’s stock price as investors closely monitor the situation.


Semiconductor Manufacturing International on Smartkarma

Analysts on Smartkarma have been closely covering Semiconductor Manufacturing International Corp (SMIC). Patrick Liao‘s research report titled “SMIC (981.HK): Surviving Amidst a Prolonged US-China Trade War” highlights SMIC’s resilience in delivering 7nm chips despite US sanctions on China. The company’s revenue for 4Q24 is expected to be around US$2bn, with a slight reduction from 3Q24 due to year-end seasonality. Liao also mentions SMIC exploring 5nm production, indicating a positive outlook for the company.

In another report by Patrick Liao, “SMIC (981.HK): Revenue and GM Continued to Trend Up in 3Q24”, the analyst emphasizes SMIC’s solid revenue growth and stable gross margins. The company anticipates a sequential revenue growth of 13% to 15% in the upcoming quarters, with gross margins expected to be between 18% and 20%. Liao notes that SMIC has been supporting customers to maintain market share without resorting to price cuts, showcasing a strategic approach to business sustainability.


A look at Semiconductor Manufacturing International Smart Scores

FactorScoreMagnitude
Value5
Dividend1
Growth3
Resilience3
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

Based on the Smartkarma Smart Scores, Semiconductor Manufacturing International Corp (SMIC) has a strong overall outlook. With a top score in the Value category, the company is considered to be a good investment opportunity. However, its low score in the Dividend category may not appeal to income-seeking investors. In terms of Growth, Resilience, and Momentum, SMIC scored moderately, indicating potential for future growth and stability in the market.

Semiconductor Manufacturing International Corporation operates as a semiconductor foundry, providing a range of services related to integrated circuit manufacturing. With a global presence, the company offers testing, design, packaging, and sale of integrated circuits. Despite some mixed scores in the Smartkarma Smart Scores, SMIC’s overall outlook appears positive, with strengths in value and momentum that could drive future success in the semiconductor 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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China Construction Bank’s Stock Price Drops to 6.06 HKD, Marking a 1.46% Decrease: A Critical Review of Performance

By | Market Movers

China Construction Bank (939)

6.06 HKD -0.09 (-1.46%) Volume: 420.59M

China Construction Bank’s stock price currently stands at 6.06 HKD, experiencing a slight dip of -1.46% this trading session with a high trading volume of 420.59M, yet showcasing a robust YTD performance with a rise of +30.32%.


Latest developments on China Construction Bank

China Construction Bank H stock price experienced fluctuations today following news of luxury Auckland apartments going to mortgagee sale. The market was further influenced by HK Connect SOUTHBOUND Flows, with significant net flows observed, particularly in selling through brokers and buying in properties. These events contributed to the volatility in China Construction Bank H stock price movements throughout the trading day.


China Construction Bank on Smartkarma

Analysts on Smartkarma, such as Victor Galliano and Travis Lundy, have provided insights on China Construction Bank H. Galliano’s research highlights that Chinese banks face credit quality challenges, but sees opportunities in CCB for its discounted valuations and strong balance sheet. On the other hand, Lundy’s analysis focuses on SOUTHBOUND flows, noting positive trends in net flows for SOE banks like CCB. Despite national team buying and policy changes, valuations remain acceptable, suggesting continued inflows for the bank.


A look at China Construction Bank Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth4
Resilience3
Momentum3
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

China Construction Bank H is showing strong performance in key areas according to Smartkarma Smart Scores. With a high score in Dividend and Value, the company is demonstrating stability and attractiveness to investors. Additionally, its Growth score indicates potential for expansion in the future. However, the company’s Resilience and Momentum scores are slightly lower, suggesting some challenges in adapting to market changes and maintaining positive momentum.

Overall, China Construction Bank H‘s Smart Scores paint a positive long-term outlook for the company, with solid dividends, value, and growth potential. While there may be some resilience and momentum concerns, the company’s core business segments of corporate banking, personal banking, and treasury operations provide a strong foundation for continued success in the banking 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

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