Research Direct and Broker's Tips
Market soars as the scenario improves. China Plays flexed their muscles, which boosted up the market. After a strong run, HSI closed sharply higher. It eventually finished at 23782, up 395 points.
|2014-07-23||Coolpad Group (2369 HK)|
Smartphone shipments likely to surge. Over FY14-16, we forecast
that Coolpad Group’s (Coolpad): i) unit shipments of smartphones may
grow to 50m (+43%)/62m (+21%)/75m (+15% y-o-y) from FY13's 35m
|RHB OSK Securities
|2014-07-23||HK & China Snapshot|
Xiaomi 4 targets 1m shipment before Sept – Xiaomi announced its new flagship smartphone
model Xiaomi 4. Two storage specifications namely 16GB and 64GB are priced at RMB1,999 and
RMB 2,499 respecti
|Kingsway SW Securities
|2014-07-23||Investment Daily Note|
U.S. stocks boosted by better-than-expected inflation and upbeat corporate earnings. Dow closed at 17,113, climbed 61 points.
Hong Kong market gained strong momentum on Tuesday. HSI opened higher in the
morning and extended gains then. HSI once hiked 416 points at most, it closed at
23,782, up 395 points.
Hang Seng Index closed up 1.7% at 23,782. Market turnover increased sharply to $71.7 billion. Heavily weighted HSBC (5) added 1.3%. China Mobile (941), Tencent (700) and HKEx (388) all increased 2.1%.