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Forbes has unveiled its list of 2024 Best CEOs in China. The top 10 CEOs led companies that saw their share prices rise by an average of 47% during the performance review period, and saw their net profits rocket by an average of 170% in the most recent financial year, with overseas revenues contributing an average of 33% to grow...
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Morgan Stanley wrote in its Asia Emerging Markets Equity Strategy Report that valuations in the overall Asian equity market are peaking, with capital rotation occurring between technology and necessities. The broker estimated that the US Federal Reserve will cut interest rates for the first time in September, and there is a need...
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CICC released a report on its latest strategic top picks for overseas Chinese stocks:Stocks│EPS Change Forecast for 2024TENCENT (00700.HK)│+45.1%CHINA MOBILE (00941.HK)│+9.6%CNOOC (00883.HK)│+16.6%BYD ELECTRONIC (00285.HK)│+25.7%CPIC (02601.HK)│+20.3%XIAOMI-W (01810.HK)│-19.8%HISENSE HA ...
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POP MART (09992.HK) announced a positive profit alert anticipating that its revenue and adjusted net profit for 1H24 will achieve a YoY increase of more than 55% and 90%, respectively, much better than market expectations, according to a report by Jefferies.Jefferies raised its net profit forecasts for POP MART from 2024 to 2026...
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POP MART (09992.HK) expected its interim revenue/ net profit (excluding gains and losses on fair value of financial assets) to grow at least 55% YoY/ 90% YoY, beating the market's expectations by over 11%/ 25%, respectively, CLSA released a research report saying.CLSA raised its 2024-2026 sales forecasts by 5-7% and net prof...
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