Haitong International Increases SUNNY OPTICAL (02382.HK) Price Target to $90.53, Maintains Outperform Rating
Company Performance: SUNNY OPTICAL (02382.HK) reported a 52.6% year-on-year increase in net profit to RMB1.65 billion for 1H25, aligning with expectations and highlighting strong profitability.
Revenue Growth Outlook: The company's management expressed confidence in achieving sustainable mid-to-high-single-digit revenue growth moving forward.
Market Predictions: Haitong International forecasts higher profit margins due to stable smartphone shipments, with anticipated increases in average selling prices of lenses and modules by 25% and 13% this year.
Target Price Adjustment: JPM has raised SUNNY OPTICAL's target price from HKD 72.1 to HKD 90.53 while maintaining an "Outperform" rating, expecting significant growth in the auto product business revenue over the next two years.
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<Midday Update> HSI Ends Midday at 27,023, Dropping 242 Points; HSTI at 5,407, Down 92 Points; MEITUAN Falls More Than 4%; WUXI APPTEC, WUXI BIO, SHK PPT, SINOPEC CORP, and HK & CHINA GAS Reach New Peaks
Market Performance: The Hang Seng Index (HSI) fell by 242 points (0.9%) to 27,023, while the Hang Seng Tech Index (HSTI) and the Hang Seng China Enterprises Index (HSCEI) also experienced declines of 1.7% and 1.0%, respectively.
Active Heavyweights: Major stocks like Meituan, Tencent, Alibaba, and Xiaomi saw significant drops, with Meituan down 4.2% and Tencent down 2.6%, amidst high short selling activity.
Notable Movers: Wuxi AppTec and Wuxi Bio both hit new highs, increasing by 3.9% and 3.7%, respectively, while Bud APAC and Trip.com saw declines of 5% and 4.3%.
Short Selling Trends: High short selling ratios were observed across various stocks, with NetEase Music experiencing the largest drop of 11.9%, while Fit Hon Teng and COSCO Ship Energy saw substantial gains of over 10%.
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.
<Midday Update> HSI Ends Midday at 27,023, Dropping 242 Points; HSTI at 5,407, Down 92 Points; MEITUAN Falls More Than 4%; WUXI APPTEC, WUXI BIO, SHK PPT, SINOPEC CORP, and HK & CHINA GAS Reach New Peaks
Market Performance: The Hang Seng Index (HSI) fell by 242 points (0.9%) to 27,023, while the Hang Seng Tech Index (HSTI) and the Hang Seng China Enterprises Index (HSCEI) also experienced declines of 1.7% and 1.0%, respectively.
Active Heavyweights: Major stocks like Meituan, Tencent, Alibaba, and Xiaomi saw significant drops, with Meituan down 4.2% and Tencent down 2.6%, amidst high short selling activity.
Notable Movers: Wuxi AppTec and Wuxi Bio both hit new highs, increasing by 3.9% and 3.7%, respectively, while Bud APAC and Trip.com saw declines of 5% and 4.3%.
Short Selling Trends: High short selling ratios were observed across various stocks, with NetEase Music experiencing the largest drop of 11.9%, while Fit Hon Teng and COSCO Ship Energy saw substantial gains of over 10%.
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.
