EUR/USD
1.15328
-0.145%
Gold
3439.41
0.208%
Oil
72.131
0.964%
USD/JPY
144.352
0.292%
GBP/USD
1.35464
-0.174%
GBP/JPY
195.548
0.116%
Real-time News
On June 16, CICC published a report, raising the target price of X.D. Inc. (02400.HK) by 51% to HK$55.5, with an investment rating of "outperforming the industry". CICC said that considering the outstanding overseas performance of "Isher" and "RO", the net profit attributable to the parent company in 2025/26 was raised by 21% to RMB 992 million/1.075 billion. The current share price corresponds to a 2025/26 P/E ratio of 19/17 times.On June 16, CICC published a report, adjusting Chow Tai Fooks (01929.HK) target price by 31% to HK$14.92, with an investment rating of "outperforming the industry". CICC pointed out that looking forward to the 2026 fiscal year, Chow Tai Fooks revenue guidance will achieve a low-to-mid-single-digit annual growth, and the gross profit margin may decrease by about 0.8-1.2 percentage points year-on-year due to the reduced contribution of gold price increases, but under continued cost control, the operating profit margin is expected to decrease by 0.6-1 percentage points year-on-year. Considering the companys continued operational improvement, CICC raised Chow Tai Fooks 2026/27 earnings per share forecast by 9%/9% to HK$0.83/0.91, and the current share price corresponds to 15/14 times the 2026/27 fiscal year price-earnings ratio.According to White House officials: US President Trump will hold bilateral talks with Mexican President Sheinbaum and Ukrainian President Zelensky during the G7 summit.On June 16, in the first quarter of 2025, the market supervision department organized special actions such as intellectual property law enforcement to further strengthen the governance of key areas, key commodities, and key markets, actively play the deterrent role of administrative law enforcement, effectively protect the legitimate rights and interests of right holders and consumers, maintain the market economic order, and create a good business environment. In the first quarter, various special actions investigated and dealt with nearly 113,000 related cases, including 8,000 cases of trademark infringement and counterfeit patents, and carried out about 16,000 law enforcement actions against key physical markets with high incidence of infringement and counterfeiting.Zeekr announced that the 500,000th mass-produced car rolled off the assembly line.
