SHENZHOU INTL Drops Over 4%; Citi Lowers Price Target to HKD94 While Maintaining Buy Rating
Stock Performance: SHENZHOU INTL opened lower by 1.87%, reaching a low of HKD62.55, and last traded at HKD63.75, down 4.49% with a trading volume of 6.9815 million shares.
Earnings Forecasts: Citi has reduced its earnings forecasts for SHENZHOU INTL for 2025-27 by 2% and lowered the target price from HKD95 to HKD94, while maintaining a Buy rating.
Management Outlook: The decline in stock price may be attributed to management's conservative sales outlook, which Citi views as a potential buying opportunity.
Dividend and Growth Potential: SHENZHOU INTL is expected to have a dividend yield of 4.8% for FY26 and a projected CAGR of 12% for its EPS over the next three years.
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Daiwa Maintains Positive Perspective on Chinese Market, Names LAOPU GOLD and KINGSOFT CLOUD as Preferred Selections
GDP Target Insights: Daiwa estimates an implied national GDP target of 5% for China in 2026, suggesting a more conservative official target of 4.5-4.7%, with potential economic stimulus measures expected following the "Two Sessions" on March 5.
Market Outlook: Despite recent market turmoil, Daiwa maintains an optimistic outlook for the Chinese stock market in the first half of 2026, anticipating that gradual stimulus measures could enhance investment sentiment.
Top Stock Picks: Daiwa has updated its top stock picks to include LAOPU GOLD and KINGSOFT CLOUD, driven by strong downstream demand and price increase expectations, replacing previous picks SHENZHOU INTL and TRIP.COM.
Short Selling Data: The report includes short selling data for various stocks, indicating significant short selling activity in LAOPU GOLD and KINGSOFT CLOUD, reflecting market sentiment and trading strategies.
JPM Identifies Chinese Stocks Most Affected by RMB Appreciation's Negative Earnings Impact (Table)
Stock Performance Overview: Various stocks showed mixed performance with notable gains for SHENZHOU INTL (+2.953%) and SMIC (+2.061%), while others like UNIVERSAL SCIENTIFIC (-2.412%) and COWELL (-0.682%) experienced declines.
Short Selling Data: Significant short selling activity was observed, particularly in SMIC ($217.14M) and WUXI BIO ($160.63M), indicating market skepticism towards these stocks.
Estimated Impact of RMB Appreciation: The estimated impact of a 5% appreciation of the RMB against the USD on net profit varies, with some companies projected to face high single-digit impacts while others may see declines around 10-15%.
Market Outlook: UOB Kay Hian maintains a constructive medium-term view on markets, adding stocks like BABA and GANFENGLITHIUM to their buy list, while placing MEITUAN on the sell list.
Daiwa Reveals Preferred Stocks in Hong Kong Market (Table)
Stock Performance: TENCENT saw a notable increase of 2.306%, while SHENZHOU INTL and BABA-W also experienced gains of 1.536% and 1.530%, respectively.
Short Selling Data: TENCENT had a short selling amount of $529.35M with a ratio of 8.541%, while SHENZHOU INTL had a significantly higher short selling ratio of 35.574% at $62.89M.
Declines in Other Stocks: WEICHAI POWER, MIDEA GP, and HENGRUI PHARMA experienced slight declines, with MIDEA GP dropping by 0.775%.
Market Overview: The report includes delayed quotes for HK stocks and mentions that the short selling data is as of January 28, 2026, indicating a focus on real-time market analysis.
Daiwa Research: Early Arrival of Spring Rally; A-shares Market Expected to Transition into 'Slow Bull' Phase
Market Outlook: Investors may take profits ahead of the Lunar New Year and the Two Meetings in China, with Daiwa predicting a slow bull market supported by liquidity and stimulus policies.
Investment Strategy: Daiwa recommends a balanced investment approach in both mainland China and Hong Kong stock markets, focusing on sectors like technology hardware and high-dividend stocks.
Top Stock Picks: Notable stock recommendations include Tencent, Shenzhou International, Weichai Power, and Alibaba, all rated as "Buy" by Daiwa.
Market Data: The report includes short selling data and stock performance metrics, indicating market activity and investor sentiment as of January 15, 2026.
Nomura and Daiwa's Preferred Hong Kong Stocks (Table)
Nomura's Asia-Pacific Strategy Report: Nomura released a report recommending various stocks in the Asia-Pacific region, highlighting notable companies like Tencent, Baidu, and AIA, along with their short selling data and ratios.
Daiwa's Top Picks: Daiwa also published a report featuring its top stock picks in the H- and A-share markets, including Tencent, Alibaba, and Midea Group, with accompanying short selling statistics.
Market Performance: The reports indicate mixed performance among the recommended stocks, with some experiencing declines and varying levels of short selling activity.
Citi's E-commerce Outlook: Citi anticipates that a new trade-in policy will positively impact Chinese e-commerce platforms, helping to mitigate the effects of a high base in the first half of 2026.
M Stanley: Positive Indicators from Nike's Results for SHENZHOU INTL (02313.HK) Are Being Ignored by the Market; Maintains Overweight Rating
Nike's 2FQ26 Results Impact: Nike's recent financial results negatively affected SHENZHOU INTL's performance, leading to a decline in its share price.
Morgan Stanley's Analysis: Despite the negative impact, Morgan Stanley suggests that the market may have overlooked positive signals for SHENZHOU INTL, which derives over 75% of its sales from markets outside China.
Citi's Sales Growth Prediction: Citi forecasts that SHENZHOU INTL will achieve high single-digit sales growth in the coming year, indicating potential for recovery.
Investment Recommendation: Following the decline in SHENZHOU INTL's share price, Morgan Stanley has rated the stock as Overweight with a target price of $72, suggesting it may be a good time to invest.
Daiwa Maintains Positive Perspective on Chinese Market, Names LAOPU GOLD and KINGSOFT CLOUD as Preferred Selections
GDP Target Insights: Daiwa estimates an implied national GDP target of 5% for China in 2026, suggesting a more conservative official target of 4.5-4.7%, with potential economic stimulus measures expected following the "Two Sessions" on March 5.
Market Outlook: Despite recent market turmoil, Daiwa maintains an optimistic outlook for the Chinese stock market in the first half of 2026, anticipating that gradual stimulus measures could enhance investment sentiment.
Top Stock Picks: Daiwa has updated its top stock picks to include LAOPU GOLD and KINGSOFT CLOUD, driven by strong downstream demand and price increase expectations, replacing previous picks SHENZHOU INTL and TRIP.COM.
Short Selling Data: The report includes short selling data for various stocks, indicating significant short selling activity in LAOPU GOLD and KINGSOFT CLOUD, reflecting market sentiment and trading strategies.
JPM Identifies Chinese Stocks Most Affected by RMB Appreciation's Negative Earnings Impact (Table)
Stock Performance Overview: Various stocks showed mixed performance with notable gains for SHENZHOU INTL (+2.953%) and SMIC (+2.061%), while others like UNIVERSAL SCIENTIFIC (-2.412%) and COWELL (-0.682%) experienced declines.
Short Selling Data: Significant short selling activity was observed, particularly in SMIC ($217.14M) and WUXI BIO ($160.63M), indicating market skepticism towards these stocks.
Estimated Impact of RMB Appreciation: The estimated impact of a 5% appreciation of the RMB against the USD on net profit varies, with some companies projected to face high single-digit impacts while others may see declines around 10-15%.
Market Outlook: UOB Kay Hian maintains a constructive medium-term view on markets, adding stocks like BABA and GANFENGLITHIUM to their buy list, while placing MEITUAN on the sell list.
Daiwa Reveals Preferred Stocks in Hong Kong Market (Table)
Stock Performance: TENCENT saw a notable increase of 2.306%, while SHENZHOU INTL and BABA-W also experienced gains of 1.536% and 1.530%, respectively.
Short Selling Data: TENCENT had a short selling amount of $529.35M with a ratio of 8.541%, while SHENZHOU INTL had a significantly higher short selling ratio of 35.574% at $62.89M.
Declines in Other Stocks: WEICHAI POWER, MIDEA GP, and HENGRUI PHARMA experienced slight declines, with MIDEA GP dropping by 0.775%.
Market Overview: The report includes delayed quotes for HK stocks and mentions that the short selling data is as of January 28, 2026, indicating a focus on real-time market analysis.
Daiwa Research: Early Arrival of Spring Rally; A-shares Market Expected to Transition into 'Slow Bull' Phase
Market Outlook: Investors may take profits ahead of the Lunar New Year and the Two Meetings in China, with Daiwa predicting a slow bull market supported by liquidity and stimulus policies.
Investment Strategy: Daiwa recommends a balanced investment approach in both mainland China and Hong Kong stock markets, focusing on sectors like technology hardware and high-dividend stocks.
Top Stock Picks: Notable stock recommendations include Tencent, Shenzhou International, Weichai Power, and Alibaba, all rated as "Buy" by Daiwa.
Market Data: The report includes short selling data and stock performance metrics, indicating market activity and investor sentiment as of January 15, 2026.
Nomura and Daiwa's Preferred Hong Kong Stocks (Table)
Nomura's Asia-Pacific Strategy Report: Nomura released a report recommending various stocks in the Asia-Pacific region, highlighting notable companies like Tencent, Baidu, and AIA, along with their short selling data and ratios.
Daiwa's Top Picks: Daiwa also published a report featuring its top stock picks in the H- and A-share markets, including Tencent, Alibaba, and Midea Group, with accompanying short selling statistics.
Market Performance: The reports indicate mixed performance among the recommended stocks, with some experiencing declines and varying levels of short selling activity.
Citi's E-commerce Outlook: Citi anticipates that a new trade-in policy will positively impact Chinese e-commerce platforms, helping to mitigate the effects of a high base in the first half of 2026.
M Stanley: Positive Indicators from Nike's Results for SHENZHOU INTL (02313.HK) Are Being Ignored by the Market; Maintains Overweight Rating
Nike's 2FQ26 Results Impact: Nike's recent financial results negatively affected SHENZHOU INTL's performance, leading to a decline in its share price.
Morgan Stanley's Analysis: Despite the negative impact, Morgan Stanley suggests that the market may have overlooked positive signals for SHENZHOU INTL, which derives over 75% of its sales from markets outside China.
Citi's Sales Growth Prediction: Citi forecasts that SHENZHOU INTL will achieve high single-digit sales growth in the coming year, indicating potential for recovery.
Investment Recommendation: Following the decline in SHENZHOU INTL's share price, Morgan Stanley has rated the stock as Overweight with a target price of $72, suggesting it may be a good time to invest.
