Semi - 2024 Is a Transition Year for ASML
ASML released its 1Q24 earnings this week, with revenue down by 21.6% YoY, missing the street’s expectations. Net profit beat expectations but also...
58 Views
Technology - Lenovo Tech World 2024: AI PC Product Launches Set to Accelerate
Lenovo hosted the “AI Tech World” event with the theme “AI for All” in Shanghai yesterday. During the event, CEO Mr. Yang highlighted 1) Lenovo’s...
60 Views
Xtep (1368 HK) - Steady Recovery Shall Continue with High Yield
With that and the boost from e-commerce channel, we believe the company’s guidance of faster growth, better discounts, and better inventory level...
56 Views
China Construction Machinery - More Policies to Support Domestic Machinery Demand
We expect the rally of the construction machinery sector to continue, given more policy details released earlier by the Ministry of Housing and...
213 Views
Anta Sports (2020 HK) - An Inline 1Q24 Plus an Improving Outlook
We maintain BUY and continue to see Anta as our sportswear sector top pick. It is trading at 16x FY24E P/E, undemanding given its turnaround trend.
236 Views