SEHK:2380
SEHK:2380Renewable Energy

China Power International Development (SEHK:2380): Valuation Check After Weaker Electricity Sales Data

China Power International Development (SEHK:2380) has just reported lower unaudited electricity sales, with October volumes down about 5% and year-to-date sales slipping roughly 3% versus last year, raising fresh questions about demand momentum. See our latest analysis for China Power International Development. Even with October’s softer sales, the share price has quietly ground higher, with a roughly mid-teens year to date share price return and a notably stronger multi year total...
SEHK:1368
SEHK:1368Luxury

Xtep (SEHK:1368): Reassessing Valuation After Updated Guidance, Saucony Growth Plans, and Inventory Progress

Xtep International Holdings (SEHK:1368) just reaffirmed its 2025 guidance while outlining an aggressive plan to double Saucony revenue by 2027 through steady store openings and tighter inventory management, with a target inventory level below RMB 2 billion. See our latest analysis for Xtep International Holdings. Despite the reaffirmed guidance and Saucony expansion story, the share price has cooled recently, with a 90 day share price return of negative 11.27 percent. At the same time, the 5...
SEHK:857
SEHK:857Oil and Gas

Will Abolishing Its Supervisory Committee Change PetroChina's (SEHK:857) Governance Narrative?

On December 18, 2025, PetroChina Company Limited held an extraordinary general meeting to vote on amendments to its articles of association, general meeting procedures, board procedures, and the abolition of its supervisory committee. This move signals a meaningful reshaping of PetroChina’s internal oversight framework, with potential consequences for how major corporate decisions are proposed, reviewed, and approved. We will now examine how PetroChina’s proposed abolition of its supervisory...
SEHK:656
SEHK:656Industrials

Does Fosun International’s Streamlining Strategy Make Its Low Valuation Look More Appealing in 2025?

Wondering if Fosun International at HK$4.97 is quietly turning into a value opportunity, or just another value trap in Hong Kong stocks. The share price is up 0.6% over the last week, 1.2% over the past month, and 12.7% year to date, yet anyone who has held for 3 or 5 years is still looking at -16.2% and -51.5% respectively. Recent headlines have focused on Fosun International streamlining its portfolio and deleveraging its balance sheet, as the group continues to refocus on core businesses...
SEHK:371
SEHK:371Water Utilities

Beijing Enterprises Water Group (SEHK:371): Valuation Check After RMB2 Billion Note Issuance and Debt Refinancing

Beijing Enterprises Water Group (SEHK:371) has just wrapped up a RMB 2 billion medium term note issuance, using the fresh funding to refinance offshore loans and streamline its debt profile for the years ahead. See our latest analysis for Beijing Enterprises Water Group. The funding move lands as the HK$2.59 share price grinds higher, with a solid year to date share price return and an even stronger one year total shareholder return hinting that investors are slowly rewarding steadier balance...
SEHK:1997
SEHK:1997Real Estate

Does Wharf Real Estate Investment's New Hotel Services Deal Clarify or Complicate Its Core Strategy (SEHK:1997)?

Wharf Real Estate Investment Company (WREIC) announced that on 28 November 2025 it entered into a new three-year Master Hotel Services Agreement with Wharf, covering management, marketing, technical, procurement, training, financial and reservation services for its hotels and serviced apartments from 1 January 2026 to 31 December 2028. This refreshed framework for continuing connected transactions helps formalise long-term service arrangements within the wider Wharf group, providing clearer...
SEHK:3690
SEHK:3690Hospitality

Meituan (SEHK:3690) Is Down 7.6% After Q3 Profit Turns To Loss Despite Higher Revenue

In the third quarter of 2025, Meituan reported revenue of CNY 95,488.11 million, up from CNY 93,577.32 million a year earlier, but swung from net income of CNY 12,864.70 million to a net loss of CNY 18,632.45 million. This move from profit to loss, despite higher sales, highlights how rising costs and investment spend are weighing heavily on Meituan’s profitability profile. We’ll now examine how Meituan’s shift from profit to a sizeable quarterly loss affects its previously margin-focused...
SEHK:3877
SEHK:3877Diversified Financial

CSSC (Hong Kong) Shipping (SEHK:3877): Reassessing Valuation After Auditor Change from Grant Thornton to Baker Tilly

CSSC (Hong Kong) Shipping (SEHK:3877) just switched auditors after Grant Thornton resigned over a disagreement on 2025 audit fees, with Baker Tilly stepping in. This move naturally sharpens investor focus on governance and reporting. See our latest analysis for CSSC (Hong Kong) Shipping. Despite the auditor switch grabbing headlines, the stock has quietly built positive momentum, with a 16.8% year to date share price return and a punchy 39.4% one year total shareholder return that suggests...
SEHK:3996
SEHK:3996Construction

Reassessing China Energy Engineering (SEHK:3996)’s Valuation After Leadership Reshuffle and Chairman Transition

China Energy Engineering (SEHK:3996) has just entered a leadership reshuffle, with long serving chairman Song Hailiang stepping down. Ni Zhen is temporarily assuming chairman and authorized representative duties while leaving the general manager role. See our latest analysis for China Energy Engineering. Despite the leadership reshuffle and upcoming board meeting on governance changes, the latest HK$1.14 share price sits against a solid backdrop. The year to date share price return is 16.33%,...
SEHK:9999
SEHK:9999Entertainment

Did Earnings Strength and Cloud Music’s Global Data Push Just Shift NetEase’s (SEHK:9999) Investment Narrative?

In the third quarter of 2025, NetEase reported higher sales and net income year over year, affirmed a US$0.114 per-share dividend, completed a US$2.00 billion buyback program, and saw its NetEase Cloud Music charts integrated into Chartmetric’s platform for global industry access. The Chartmetric integration gives international labels and artists direct visibility into youth-driven listening trends on NetEase Cloud Music, potentially increasing the platform’s influence in global music...