Latest Search
Quote
Back Zoom + Zoom - | |
<Research>G Sachs Updates APAC Conviction Buy List, Adding ZIJIN MINING and Removing CR BEER, AIA & Others
Recommend 19 Positive 19 Negative 11 |
|
Goldman Sachs issued a report, updating its Japan and China picks within the Asia Pacific Conviction Buy list after the results period. Goldman added Sumitomo Mitsui, TDK, Advantest, Fujitsu, CONTEMPORARY AMPEREX (300750.SZ), SUNGROW POWER (300274.SZ) and ZIJIN MINING (02899.HK) to the list. Meanwhile, the broker also removed ROBOROCK (688169.SH), CHINA RES BEER (00291.HK), Australian department store Woolworths, AIA (01299.HK), South Korea's KB Financial Group, Japan's SMC Corporation, South Korea's Hyundai Motor, BAO IRON (600019.SH), NAURA (002371.SZ), and HWORLD-S (01179.HK). The broker commented that the newly included ZIJIN MINING has strong execution, with production growth in China and signs of stabilising demand. Its free cash flow generation is also strong, driving balance sheet improvement. AAStocks Financial News |
|