SEHK:2333
SEHK:2333Auto

Great Wall Motor (SEHK:2333) Margin Impacted by One-Off Gain, Challenging Bullish Sentiment

Great Wall Motor (SEHK:2333) reported earnings growth of 14.9% per year over the past five years, with forecasts projecting EPS growth of 12.2% annually and revenue growth of 10.4% per year ahead. The company’s current net profit margin sits at 5.1%, slightly below last year’s 6.3%, as the latest twelve months’ results include a notable one-off gain of CN¥3.0 billion. With revenue forecasted to outpace the broader Hong Kong market and shares trading at HK$15.47, below their estimated fair...
SEHK:2616
SEHK:2616Biotechs

CStone Pharmaceuticals (SEHK:2616): Valuation in Focus After Landmark CHMP Nod and Pipeline Breakthroughs

CStone Pharmaceuticals (SEHK:2616) is gaining attention after two key developments: a positive opinion from Europe’s drug regulator for sugemalimab in lung cancer, and fresh data on its early-stage immunotherapy candidates. Investors are watching closely. See our latest analysis for CStone Pharmaceuticals. The recent surge in CStone Pharmaceuticals’ share price, up nearly 158% year-to-date, reflects growing investor confidence on the back of regulatory wins and progress with its immunotherapy...
SEHK:1811
SEHK:1811Renewable Energy

CGN New Energy (SEHK:1811) Valuation Spotlight: Leadership Changes and Mixed Power Output Shape Investor Outlook

CGN New Energy Holdings (SEHK:1811) caught investors’ eyes after the resignation of President and executive Director Li Guangming. This move comes just days after the company reported a drop in power generation for both wind and hydro projects. See our latest analysis for CGN New Energy Holdings. CGN New Energy Holdings’ share price has picked up speed in 2025, closing at HK$2.83 after building on positive momentum from the past several months. Despite leadership changes and a dip in...
SEHK:2628
SEHK:2628Insurance

China Life Insurance (SEHK:2628) Is Up 8.4% After Issuing Strong 2025 Profit Growth Guidance

Earlier this month, China Life Insurance provided earnings guidance for the first three quarters of 2025, projecting net profit attributable to equity holders in the range of RMB156.79 billion to RMB177.69 billion, an increase of approximately 50% to 70% year-on-year compared to 2024. This anticipated surge in profit was attributed by the company to improved value creation, asset allocation strategies, and significantly higher investment returns amid a recovering stock market. We'll now...
SEHK:590
SEHK:590Specialty Retail

Luk Fook (SEHK:590) Valuation in Focus After Strong Second Quarter Sales Growth Announcement

Luk Fook Holdings (International) (SEHK:590) just reported its second quarter sales results, showing overall RSV, retailing revenue, and same-store sales all increased from the previous quarter by 18%, 15%, and 10% respectively. See our latest analysis for Luk Fook Holdings (International). Luk Fook Holdings (International) has seen its momentum build impressively this year, with a 1-year total shareholder return of 81.9% and a 21.7% share price return over the past 90 days. With the latest...
SEHK:1651
SEHK:1651Machinery

A Fresh Look at Precision Tsugami (China) (SEHK:1651) Valuation Following Profit Surge on Manufacturing Rebound

Precision Tsugami (China) (SEHK:1651) just released an earnings update, reporting a 48% jump in profit for the past six months. This surge was driven by China’s manufacturing rebound and increased demand from sectors such as new energy vehicles and AI. See our latest analysis for Precision Tsugami (China). Precision Tsugami (China)’s surge in profitability has caught the market’s attention. Its 1-day share price return was 7.24%, pushing the stock to $37.64. The stock has notched an...
SEHK:737
SEHK:737Infrastructure

Shenzhen Investment Holdings Bay Area Development (SEHK:737) Margin Improvement Challenges Ongoing Profit Decline Narrative

Shenzhen Investment Holdings Bay Area Development (SEHK:737) posted a net profit margin of 59.3%, up from last year’s 56.6%, showing improved margin performance. Over the last five years, however, earnings have fallen by 12.4% per year, and recent earnings growth remains negative. With shares currently priced at HK$1.82, which is below the estimated fair value of HK$2.56, but trading at a premium P/E of 10.9x versus industry and peer averages, investors are weighing a mix of high-quality...
SEHK:788
SEHK:788Telecom

A Look at China Tower (SEHK:788) Valuation After Strong Nine-Month Sales and Profit Growth

China Tower (SEHK:788) just posted higher sales and net income for the first nine months of 2025, catching investors’ attention as revenue and profit both improved compared to last year’s period. See our latest analysis for China Tower. After posting its strongest nine-month results yet, China Tower’s year-to-date share price return of 1.42% seems modest. However, long-term investors have enjoyed much more, as its 3-year total shareholder return stands at an impressive 82.4%. This points to...
SEHK:3690
SEHK:3690Hospitality

Meituan (SEHK:3690): Revisiting Valuation After Competitive Pressures Hit Profits and Spark AI, Global Expansion Bets

Meituan (SEHK:3690) is under pressure after reporting higher net losses, as fierce competition in the food delivery market squeezes profits. Recent efforts to invest in AI and expand internationally are drawing attention from investors. See our latest analysis for Meituan. Despite the company’s ambitious jumps into AI and global expansion, Meituan’s 1-year total shareholder return is a steep -45.59%, with momentum still clearly under pressure after a year-to-date share price return of -33.2%...
SEHK:3908
SEHK:3908Capital Markets

Could a Governance Overhaul at China International Capital (SEHK:3908) Shift Its Strategic Decision-Making Power?

China International Capital Corporation Limited has recently proposed the cancellation of its Supervisory Committee and related amendments to its Articles of Association, with these changes to be put to a shareholder vote at the upcoming AGM on October 31, 2025. This proposed governance shift marks a significant restructuring of the company's oversight mechanisms, a move that could reshape internal controls and future decision-making processes. We'll now consider how this planned change to...
SEHK:1519
SEHK:1519Logistics

J&T Global Express (SEHK:1519): Valuation in Focus After Strong Parcel Growth and Expansion Success

J&T Global Express (SEHK:1519) just announced third-quarter operating results that put growth in focus. Total parcel volume climbed 23% from last year, and daily volumes averaged 83.4 million, outpacing market expectations. See our latest analysis for J&T Global Express. The upbeat shipment growth has clearly caught investors’ attention, with a striking year-to-date share price return of 77.8% reflecting both the company’s accelerating volumes and renewed confidence in its expansion strategy...
SEHK:9911
SEHK:9911Interactive Media and Services

Newborn Town (SEHK:9911) Is Up 11.7% After Tencent Cloud AI Deal and Double-Digit Revenue Growth

Newborn Town Inc. (09911.HK) recently reported estimated revenue growth of 37.6% to 39.9% year-on-year for the first three quarters of 2025, fueled by its AI-powered social networking and innovative business segments. Additionally, the company signed a strategic cooperation agreement with Tencent Cloud to jointly explore AI-driven social entertainment, strengthening its position for expansion in the MENA and Southeast Asia markets. Given this collaboration with Tencent Cloud, we'll look at...
SEHK:700
SEHK:700Interactive Media and Services

Tencent (SEHK:700) Valuation in Focus After Tencent Cloud Expands Global Fintech Reach With Klickl Partnership

Tencent Holdings (SEHK:700) is in the spotlight following a collaboration between Tencent Cloud and Klickl, aimed at delivering regulated digital wallet and cross-border payment capabilities for enterprises. This partnership reflects Tencent’s push into global digital finance infrastructure. See our latest analysis for Tencent Holdings. Tencent’s latest partnership builds on a year marked by strong momentum. Its share price has risen 53.25% year-to-date, with a one-year total shareholder...
SEHK:9992
SEHK:9992Specialty Retail

Pop Mart (SEHK:9992): Assessing Valuation After Exceptional Q3 Global Revenue Growth

Pop Mart International Group (SEHK:9992) delivered impressive third-quarter 2025 results, with sales surging 245% to 250% from a year earlier. Gains were strong in both China and overseas markets. See our latest analysis for Pop Mart International Group. Despite the impressive 245% to 250% third-quarter revenue surge, Pop Mart International Group’s shares have recently pulled back, falling nearly 12% over the past month. That said, momentum remains remarkable in the bigger picture, with a...
SEHK:388
SEHK:388Capital Markets

Hong Kong Exchanges (SEHK:388): Evaluating Its Valuation After a Quiet Market Session

Hong Kong Exchanges and Clearing (SEHK:388) shares posted a mild move today, reflecting a quieter session for the wider Hong Kong market. Investors appear to be weighing recent trading activity while keeping an eye on longer-term performance trends. See our latest analysis for Hong Kong Exchanges and Clearing. After a robust start to the year, Hong Kong Exchanges and Clearing’s momentum has cooled in recent months. While the share price return has soared over 48% year-to-date, the 1-year...
SEHK:1104
SEHK:1104Trade Distributors

APAC Resources (SEHK:1104) One-Off Gain Lifts Net Margin to 69.1%, Raising Profit Sustainability Questions

APAC Resources (SEHK:1104) posted a striking net profit margin of 69.1% for the twelve months ending June 30, 2025, a sharp jump from the prior 32.8%. This increase was mainly due to a one-off gain of HK$238.3 million. Over the past five years, however, the company’s average annual earnings declined by 22.8% as it transitioned to profitability. Its Price-to-Earnings ratio of 11.3x matches the industry average but stands above the peer group at 7.9x. Minor risks have been flagged, such as...
SEHK:1313
SEHK:1313Basic Materials

China Resources Cement (SEHK:1313) One-Off CN¥257.5m Loss Challenges Earnings Recovery Narrative

China Resources Building Materials Technology Holdings (SEHK:1313) reported a one-off loss of CN¥257.5 million over the twelve months to 30th September 2025, which dragged its net profit margin down to 1%, compared to 1.4% last year. Over the last five years, earnings have declined at an average rate of 60.9% per year, with earnings growth turning negative in the latest period. This has pushed recent performance far below its longer-term trends. Despite these setbacks, analyst forecasts point...
SEHK:719
SEHK:719Pharmaceuticals

Shandong Xinhua Pharmaceutical (SEHK:719) Margin Decline Reinforces Investor Concerns on Dividend Sustainability

Shandong Xinhua Pharmaceutical (SEHK:719) posted annual revenue growth of 7.4%, trailing the Hong Kong market average of 8.6%. The company’s earnings have grown at 7.5% per year over the past five years, with high-quality results. However, net profit margins slipped from 5.4% to 4.5%, and earnings turned negative in the most recent year. For investors, the combination of below-market revenue growth, recent margin compression, and a flagged dividend risk adds caution to the narrative. Still,...
SEHK:2689
SEHK:2689Forestry

Nine Dragons Paper (SEHK:2689) Profit Margins Double, Reinforcing Bullish Earnings Narratives

Nine Dragons Paper (Holdings) (SEHK:2689) reported a net profit margin of 2.8%, up from 1.3% the previous year, with earnings growth of 135.4% over the last twelve months. While revenue is forecast to grow by 5.3% per year and earnings are expected to increase by 20.3% annually, these figures show the company’s earnings momentum now outpacing the Hong Kong market average. For investors, the key story is accelerating profit improvement alongside robust earnings quality. However, questions...
SEHK:1088
SEHK:1088Oil and Gas

China Shenhua Energy (SEHK:1088) Revenue Growth Trails Market, Challenging Bullish Valuation Narratives

China Shenhua Energy (SEHK:1088) reported annual revenue growth of 1.5%, trailing behind the broader Hong Kong market’s 8.6% growth rate. EPS trends have come under pressure, with a 7% compound annual growth rate over five years giving way to negative earnings growth in the past year and forecasts pointing to a 1% annual decline over the next three years. Despite net profit margins holding steady at 17.6%, just shy of last year's 17.7%, the latest results highlight a challenging outlook and...
SEHK:488
SEHK:488Real Estate

Lai Sun Development (SEHK:488) Losses Accelerate, Sustaining Deep Discount and Bearish Market Narrative

Lai Sun Development (SEHK:488) remains unprofitable, with losses accelerating at an average rate of 4.2% per year over the last five years. Net profit margins have stalled with no visible improvement, and earnings growth was not measurable due to persistent unprofitability. With profits showing no signs of acceleration and no evidence of meaningful past earnings quality, investors are left with a stock trading at a price-to-sales ratio of just 0.2x, which is far below both the industry and...
SEHK:3323
SEHK:3323Basic Materials

China National Building Material (SEHK:3323) Earnings Surge 630.7%, Challenging Bearish Narratives on Profitability

China National Building Material (SEHK:3323) delivered a striking 630.7% earnings growth over the past year, rebounding after averaging a 35.5% annual decline for the prior five years. Net profit margins also climbed sharply, moving from 0.4% a year ago to 3.3%. Despite this headline improvement, current forecasts point to a 0.6% annual decline in future earnings and a modest 3.2% revenue growth rate. Both figures trail the broader Hong Kong market. See our full analysis for China National...
SEHK:1672
SEHK:1672Biotechs

Assessing Ascletis Pharma (SEHK:1672) Valuation After Strong Share Price Surge

Ascletis Pharma (SEHK:1672) recently closed at HK$9.12, catching the attention of investors who are gauging its performance over the month and past 3 months. Returns may reflect shifting sentiment as the broader pharmaceutical sector adapts to ongoing market trends. See our latest analysis for Ascletis Pharma. Ascletis Pharma’s momentum has shifted dramatically this year, with the share price jumping over 181% year-to-date and driving a remarkable 561% total shareholder return for investors...
SEHK:1398
SEHK:1398Banks

Assessing ICBC’s Fair Value After Recent 25% Share Price Surge in 2025

If you have been watching Industrial and Commercial Bank of China lately, you are not alone. Plenty of investors are eyeing this financial giant while weighing whether it is time to buy, hold, or take profits. After all, the stock has climbed an impressive 25.2% year-to-date, and a cool 35.9% over the past twelve months. Zoom out even further and the numbers get even more interesting: shares have nearly doubled over five years, returning 99.4%, with a three-year surge of 109.4%. That kind of...