SUNNY OPTICAL Files Application for Proposed Spin-off of Vehicle-related Optical Business with HKEX
Proposed Spin-off Announcement: Sunny Optical has announced a proposed spin-off and separate listing of its vehicle-related optical business, with the Hong Kong Stock Exchange confirming the company's ability to proceed with this plan.
Listing Application Submission: The SpinCo, which specializes in automotive optical technology, has submitted a listing application to the Stock Exchange for its H Shares on the Main Board, intending to execute the spin-off through a Global Offering.
Financial Consolidation: After the spin-off and listing, SpinCo is expected to remain a subsidiary of Sunny Optical, with the parent company continuing to consolidate its financial results.
Short Selling Data: As of January 26, 2026, Sunny Optical has reported short selling of $241.24 million, with a short selling ratio of 34.184%.
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M Stanley's H Shares Focus List (Table)
Morgan Stanley's Strategy Report: The report highlights a focus on Hong Kong and Chinese stocks, removing YANGTZE POWER and adding CHALCO to the list.
Stock Performance Insights: Notable potential upside percentages are reported for various stocks, including Alibaba (3.3%) and CATL (43.3%), while some stocks like ESPRESSIF show a decline (-2.498%).
Short Selling Trends: Significant short selling activity is noted across several stocks, with Tencent experiencing the highest short selling amount at $1.59 billion and a ratio of 9.036%.
Market Outlook: Daiwa anticipates a structural recovery in Chinese stocks by 2025, despite a majority of consumers expecting profit deterioration.
UOB Kay Hian Maintains Positive Outlook on Markets in the Medium Term; BABA, GANFENGLITHIUM, and MINTH GROUP Added to Buy Recommendations; MEITUAN Added to Sell Recommendations
Market Performance: The Chinese stock market saw a rebound in January, with the HSI/ MSCI China Index increasing by 6.9% and 5% MoM, despite a significant sell-off by the 'National Team' amounting to US$68 billion.
Top Performers: WUXI BIO and PLOVER BAY TECH were highlighted as top performers with returns of 17.7% and 16.6%, respectively, while several stocks, including Alibaba and Ganfeng Lithium, were added to the Buy list.
Volatility Outlook: UOB Kay Hian anticipates continued market volatility in February due to recent corrections in gold and silver prices, but maintains a positive medium-term outlook supported by macro policies.
Stock Recommendations: The broker updated its recommendations, adding stocks like Alibaba and Ganfeng Lithium to the Buy list, while placing Meituan on the Sell list, and noted the need to cut losses on several other stocks.
CMBI Lowers Price Target for SUNNY OPTICAL (02382.HK) to HKD91.38, Retains Buy Rating
Profit Forecast for 2025: SUNNY OPTICAL anticipates a net profit increase of 70-75% year-on-year for 2025, driven by high-end product upgrades and investment income from a deal with Goertek Optical Tech.
Future Revenue Drivers: The company is expected to benefit from trends in smart driving, AI/AR glasses production, and high-end camera upgrades in 2026, which may counterbalance challenges in the smartphone sector.
EPS Forecast Adjustments: CMBI has revised its earnings per share forecasts for SUNNY OPTICAL for 2026 and 2027 down by 1-4% due to anticipated difficulties in the smartphone industry.
Target Price Update: The target price for SUNNY OPTICAL shares has been lowered from HKD101.47 to HKD91.38, although the Buy rating remains unchanged.
SUNNY OPTICAL Rises 3.1% Following Anticipated 70% Profit Surge in 2025
Stock Performance: SUNNY OPTICAL's stock price rose by 3.1% to HKD64.85 following a positive profit alert, with a short selling ratio of 20.064% and a trading volume of 576,000 shares pre-market.
Profit Forecast: The company expects a profit attributable to owners for the year ending December 31, 2025, to be between RMB4.589 billion and RMB4.724 billion, reflecting a 70-75% increase compared to 2024.
Reasons for Growth: The anticipated profit increase is attributed to higher average selling prices and gross profit margins for handset lens sets and camera modules, along with an investment income of approximately RMB919 million from equity transfers.
Market Context: The stock quote for SUNNY OPTICAL is delayed by at least 15 minutes, and the short selling data is current as of January 29, 2026.
Sunny Optical Anticipates 70-75% Increase in 2025 Net Profit, Projected at RMB 4.59-4.72 Billion
Company Overview: SUNNY OPTICAL (02382.HK) has reported a decline in stock price, down 1.411% to -0.900.
Short Selling Activity: The company has experienced significant short selling, amounting to $104.24 million with a ratio of 20.064%.
Profit Forecast: SUNNY OPTICAL has issued a positive profit alert, predicting a profit increase of approximately 70-75% year-over-year.
Projected Earnings: The expected profit attributable to owners is estimated to be between RMB4.589 billion and RMB4.724 billion for the year ending December 31, 2025.
HSI Rises by 97 Points; ANTA SPORTS Sees Gains; ZIJIN MINING Jumps 4%
Market Overview: The HSI opened 0.4% higher at 26,863, with the HSCEI and HSTECH also showing slight gains at 9,173 and 5,734, respectively.
Tech Stock Movements: BABA-W launched a new reasoning model and opened up 1%, while other major tech stocks like TENCENT and KUAISHOU-W saw minor increases, whereas JD-SW and BIDU-SW experienced slight declines.
Automotive Sector Updates: BYD and NIO both saw a 1% increase, while XIAOMI-W also grew slightly, indicating positive movement in the automotive market.
Significant Corporate Actions: ANTA SPORTS became Puma's largest shareholder with a 29% stake acquisition, while ZIJIN GOLD INTL surged 12.165% after announcing plans to take over Allied Gold for RMB28 billion.
M Stanley's H Shares Focus List (Table)
Morgan Stanley's Strategy Report: The report highlights a focus on Hong Kong and Chinese stocks, removing YANGTZE POWER and adding CHALCO to the list.
Stock Performance Insights: Notable potential upside percentages are reported for various stocks, including Alibaba (3.3%) and CATL (43.3%), while some stocks like ESPRESSIF show a decline (-2.498%).
Short Selling Trends: Significant short selling activity is noted across several stocks, with Tencent experiencing the highest short selling amount at $1.59 billion and a ratio of 9.036%.
Market Outlook: Daiwa anticipates a structural recovery in Chinese stocks by 2025, despite a majority of consumers expecting profit deterioration.
UOB Kay Hian Maintains Positive Outlook on Markets in the Medium Term; BABA, GANFENGLITHIUM, and MINTH GROUP Added to Buy Recommendations; MEITUAN Added to Sell Recommendations
Market Performance: The Chinese stock market saw a rebound in January, with the HSI/ MSCI China Index increasing by 6.9% and 5% MoM, despite a significant sell-off by the 'National Team' amounting to US$68 billion.
Top Performers: WUXI BIO and PLOVER BAY TECH were highlighted as top performers with returns of 17.7% and 16.6%, respectively, while several stocks, including Alibaba and Ganfeng Lithium, were added to the Buy list.
Volatility Outlook: UOB Kay Hian anticipates continued market volatility in February due to recent corrections in gold and silver prices, but maintains a positive medium-term outlook supported by macro policies.
Stock Recommendations: The broker updated its recommendations, adding stocks like Alibaba and Ganfeng Lithium to the Buy list, while placing Meituan on the Sell list, and noted the need to cut losses on several other stocks.
CMBI Lowers Price Target for SUNNY OPTICAL (02382.HK) to HKD91.38, Retains Buy Rating
Profit Forecast for 2025: SUNNY OPTICAL anticipates a net profit increase of 70-75% year-on-year for 2025, driven by high-end product upgrades and investment income from a deal with Goertek Optical Tech.
Future Revenue Drivers: The company is expected to benefit from trends in smart driving, AI/AR glasses production, and high-end camera upgrades in 2026, which may counterbalance challenges in the smartphone sector.
EPS Forecast Adjustments: CMBI has revised its earnings per share forecasts for SUNNY OPTICAL for 2026 and 2027 down by 1-4% due to anticipated difficulties in the smartphone industry.
Target Price Update: The target price for SUNNY OPTICAL shares has been lowered from HKD101.47 to HKD91.38, although the Buy rating remains unchanged.
SUNNY OPTICAL Rises 3.1% Following Anticipated 70% Profit Surge in 2025
Stock Performance: SUNNY OPTICAL's stock price rose by 3.1% to HKD64.85 following a positive profit alert, with a short selling ratio of 20.064% and a trading volume of 576,000 shares pre-market.
Profit Forecast: The company expects a profit attributable to owners for the year ending December 31, 2025, to be between RMB4.589 billion and RMB4.724 billion, reflecting a 70-75% increase compared to 2024.
Reasons for Growth: The anticipated profit increase is attributed to higher average selling prices and gross profit margins for handset lens sets and camera modules, along with an investment income of approximately RMB919 million from equity transfers.
Market Context: The stock quote for SUNNY OPTICAL is delayed by at least 15 minutes, and the short selling data is current as of January 29, 2026.
Sunny Optical Anticipates 70-75% Increase in 2025 Net Profit, Projected at RMB 4.59-4.72 Billion
Company Overview: SUNNY OPTICAL (02382.HK) has reported a decline in stock price, down 1.411% to -0.900.
Short Selling Activity: The company has experienced significant short selling, amounting to $104.24 million with a ratio of 20.064%.
Profit Forecast: SUNNY OPTICAL has issued a positive profit alert, predicting a profit increase of approximately 70-75% year-over-year.
Projected Earnings: The expected profit attributable to owners is estimated to be between RMB4.589 billion and RMB4.724 billion for the year ending December 31, 2025.
HSI Rises by 97 Points; ANTA SPORTS Sees Gains; ZIJIN MINING Jumps 4%
Market Overview: The HSI opened 0.4% higher at 26,863, with the HSCEI and HSTECH also showing slight gains at 9,173 and 5,734, respectively.
Tech Stock Movements: BABA-W launched a new reasoning model and opened up 1%, while other major tech stocks like TENCENT and KUAISHOU-W saw minor increases, whereas JD-SW and BIDU-SW experienced slight declines.
Automotive Sector Updates: BYD and NIO both saw a 1% increase, while XIAOMI-W also grew slightly, indicating positive movement in the automotive market.
Significant Corporate Actions: ANTA SPORTS became Puma's largest shareholder with a 29% stake acquisition, while ZIJIN GOLD INTL surged 12.165% after announcing plans to take over Allied Gold for RMB28 billion.
