Market Performance: The HSI fell by 251 points (0.9%) to close at 26,458, while the HSCEI and HSTECH also experienced declines of 1.1% and 1.5%, respectively, with total market turnover at $276.134 billion.
Tech Stock Movements: Major tech stocks like BABA-W and TENCENT saw significant drops, with BABA-W down 3.2% after a downgrade, while other tech companies also faced declines in short selling ratios.
Chip Stocks Trends: While some chip stocks like HUA HONG SEMI and BIREN TECH saw gains of over 5%, others like SMIC and BIDU-SW experienced slight declines, indicating mixed performance in the sector.
Pharmaceutical Sector Gains: The pharmaceutical sector showed strong performance, with several companies like 3SBIO and REMEGEN surging over 7%, reflecting positive investor sentiment in this industry.
Wall Street analysts forecast 00013 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00013 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast 00013 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00013 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 23.420
Low
Averages
High
Current: 23.420
Low
Averages
High
CCBI
CCBI
upgrade
$100 -> $110
Al Analysis
2025-08-14
Reason
CCBI
CCBI
Price Target
$100 -> $110
Al Analysis
2025-08-14
upgrade
Reason
CMBI
CMBI
Buy
to
Buy
downgrade
2025-08-12
Reason
CMBI
CMBI
Price Target
2025-08-12
downgrade
Buy
to
Buy
Reason
Daiwa
Daiwa
Buy
to
Buy
downgrade
$33 -> $30
2025-08-12
Reason
Daiwa
Daiwa
Price Target
$33 -> $30
2025-08-12
downgrade
Buy
to
Buy
Reason
BOCOMI
BOCOMI
Buy
downgrade
2025-08-12
Reason
BOCOMI
BOCOMI
Price Target
2025-08-12
downgrade
Buy
Reason
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
