EUR/USD
1.02858
-0.031%
Gold
2696.78
0.015%
Oil
78.883
-0.291%
USD/JPY
155.780
-0.442%
GBP/USD
1.22235
-0.114%
GBP/JPY
190.422
-0.510%
Real-time News
On January 16, CICC issued a report indicating that it raised the target price of Q Technology (01478.HK) by 32% to HK$6.42 and maintained its "outperform" rating. It is optimistic about the profit improvement brought by mobile phone optics and the growth of automotive business in 2025. CICC pointed out that due to the higher shipment volume than the companys guidance, it raised the net profit attributable to the parent company in 2024 and 2025 by 7%/10% to RMB 280 million/390 million, and introduced the revenue/net profit attributable to the parent company of RMB 21 billion/510 million in 2026.On January 16, Bank of America Securities issued a report stating that it decided to downgrade the companys rating from "buy" to "neutral" and lowered its target price from HK$93 to HK$80 because it believed that Sun Hung Kai Properties (00016.HK) dividend per share would not increase from fiscal 2025 to fiscal 2026. The bank pointed out that Sun Hung Kai Properties current valuation is 64% lower than its net asset value per share, but in an environment of continued high interest rates, it believes that there is limited room for further compression of its dividend yield (5.3%).Kong Dong-Rak, economist at Daishin Securities: The Bank of Korea also seemed to be under pressure from the headlines of "three consecutive rate cuts" today and remained on hold. Its monetary easing policy stance remained unchanged, and the market reaction still seemed to indicate a rate cut next month.South Koreas central bank governor Lee Chang-yong said: The main reason for the sharp decline in the won against the US dollar was the strengthening of the US dollar, but the currency hedging operations of pension funds helped mitigate the losses.January 16th, in the last days of the Biden administration, bipartisan U.S. senators on Wednesday called on U.S. Trade Representative Kiki Tai to stop "secret negotiations" with Mexico, Canada and Colombia, which they said would weaken investor protections in some U.S. free trade agreements. A source familiar with the trade negotiations refuted the senators description of "secret negotiations," insisting that the U.S. Trade Representatives Office had consulted with members of Congress, even though there was no legal requirement to do so.
