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    Author: Crosby_research

    CROSBY Research – Wasion Holdings (3393 HK/ BUY): More overseas order win

    CROSBY Research – Wasion Holdings (3393 HK/ BUY): More overseas order win

    1 August 2024 Last week, Wasion announced that the company has won a smart meter tender from a major local power distribution company in Hungary with a total contract value of EUR31.6m. In mid-July, the company’s Hungarian Factory has officially

    Crosby_research August 1, 2024August 1, 2024 RESEARCH Read more

    CROSBY Research – Crosby Bi-noculars (Bi-weekly Issue 63)

    CROSBY Research – Crosby Bi-noculars (Bi-weekly Issue 63)

    22 July 2024 Investors reactions on news of Biden dropping out

    Crosby_research July 22, 2024July 22, 2024 RESEARCH Read more

    CROSBY Research – Wasion Holdings (3393 HK/ BUY): Orders won from Southern Grid’s first tender

    CROSBY Research – Wasion Holdings (3393 HK/ BUY): Orders won from Southern Grid’s first tender

    18 July 2024 Wasion announced the bidding results of the first framework tender on metering products from China Southern Power Grid, in which Wasion has won contracts of Rmb198.7m. Its subsidiary- Willfar Information Technology has also won contracts of Rmb233.4m.

    Crosby_research July 18, 2024July 18, 2024 RESEARCH Read more

    CROSBY Research: Q-Tech (1478 HK/BUY): 1H24 positive profit alert on strong shipment growth and product mix enhancement

    CROSBY Research: Q-Tech (1478 HK/BUY): 1H24 positive profit alert on strong shipment growth and product mix enhancement

    15 Jul 2024 Q-Tech issued positive profit alert and expected 1H24 net profit to surge by 400%-500% YoY to Rmb108.5mn-Rmb130.2mn. The significant increase in net profit is due to: 1) global smartphone sales rebounded and Q-Tech’s market share in major

    Crosby_research July 15, 2024July 15, 2024 RESEARCH Read more

    CROSBY Research – Xtep International (1368 HK/BUY): Online growth continues to be strong

    CROSBY Research – Xtep International (1368 HK/BUY): Online growth continues to be strong

    15 Jul 2024 Xtep announced its 2Q24 operational results, with retail sales for its Xtep Core Brand recorded a 10% growth YoY, accelerating from HSD YoY growth 1Q24. Offline sales recorded just a LSD YoY growth, due to overall weak

    Crosby_research July 15, 2024 RESEARCH Read more

    CROSBY Research – Anta Sports (2020 HK/BUY): Accelerated 2Q24 growth in retail sales

    CROSBY Research – Anta Sports (2020 HK/BUY): Accelerated 2Q24 growth in retail sales

    15 Jul 2024 Anta announced its 2Q24 operational results, with retail sales for its Anta Core Brand recorded a HSD growth YoY, accelerating from MSD growth in 1Q24. Adult sales continue to enjoy robust growth with a HSD YoY growth,

    Crosby_research July 15, 2024July 15, 2024 RESEARCH Read more

    CROSBY Research – Johnson Electric (179 HK): Marginal decrease in 1Q25 sales

    CROSBY Research – Johnson Electric (179 HK): Marginal decrease in 1Q25 sales

    15 July 2024 Johnson Electric (JE) provided its 1QFY25 business update. JE’s sales in 1QFY25 amounted to US$935m, representing a YoY decrease of 2%. Excluding forex, its sales dropped by 1% YoY to US$943m. JE’s Automotive Products Group (APG) sales

    Crosby_research July 15, 2024July 15, 2024 RESEARCH Read more

    CROSBY Research – Luk Fook (590 HK): Strong FY24 growth on borders reopening

    CROSBY Research – Luk Fook (590 HK): Strong FY24 growth on borders reopening

    09 Jul 2024 COVID year of 2019. Product-wise, despite a 10.2% YoY increase in average gold price, demand for told products remain strong, and thus sales from gold and platinum products were up 50.7% YoY to HK$10.4bn and accounted for

    Crosby_research July 9, 2024July 9, 2024 RESEARCH Read more

    AI smartphone and foldable smartphone, a new era of mobile technology

    AI smartphone and foldable smartphone, a new era of mobile technology

    08 Jul 2024 The next-gen AI smartphones first hit the market in 2H23 and ~51m AI smartphone has been shipped in 2023. IDC forecasts the shipment of AI smartphone to surge over 200% YoY to 170m in 2024 and accounted

    Crosby_research July 8, 2024 RESEARCH Read more

    Crosby Bi-noculars (Bi-weekly Issue 62)

    Crosby Bi-noculars (Bi-weekly Issue 62)

    08 Jul 2024 TMT – AI smartphone and foldable smartphone, a new era of mobile technology

    Crosby_research July 8, 2024 RESEARCH Read more
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