Swire Pacific (SWRAY) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.The po ...

Short Selling Ratios - AIA Group Limited (81299) and JD Health (86618) have the highest short selling ratios at 100.00% each, followed closely by JD Group (89618) at 99.04% [1] - Other notable companies with high short selling ratios include BYD Company Limited (81211) at 89.57% and Tencent Holdings Limited (00700) at 84.79% [1] Short Selling Amounts - Alibaba Group (09988) leads in short selling amount with HKD 3.29 billion, followed by Tencent Holdings (00700) at HKD 1.01 billion and Xiaomi Corporation (01810) at HKD 978 million [1] - Other significant short selling amounts include Meituan (03690) at HKD 969 million and BYD Company (01211) at HKD 921 million [1] Deviation Values - JD Group (89618) has the highest deviation value at 45.15%, indicating a significant difference from its average short selling ratio over the past 30 days [1] - Other companies with high deviation values include Xiehe New Energy (00182) at 41.14% and Tencent Holdings (80700) at 38.67% [1]

SWIRE PACIFIC LIMITED 太古股份有限公司 (於香港註冊成立的有限公司) (股份代號：00019 及 00087) 通 知 信 函 各位非登記持有人( 附註 1)： 二零二五年中期報告（「本次公司通訊」）之發佈通知 太古股份有限公司（「公司」）的本次公司通訊之中、英文版本已上載於公司網站 (www.swirepacific.com) 之 投資者關係網頁及香港交易及結算所有限公司（「香港交易所」）網站 (www.hkexnews.hk)，歡迎查閱。如 閣下已選擇收取公司通訊( 附註 2)之印刷本，現隨函附上 閣下所選擇的語言版本之本次公司通訊印刷本。 以電子方式發佈公司通訊之新安排 根據《香港聯合交易所有限公司證券上市規則》、《公司條例》（香港法例第 622 章）（其中包括於 2025 年 4 月 17 日生效的《2025 年公司（修訂）條例》）及公司的組織章程細則，公司現特來函通知 閣下公司已採用電 子方式發佈公司通訊，即所有日後公司通訊的中、英文版均將刊登於公司網站 (www.swirepacific.com) 及香港 交易所網站 (www.hkexnews.hk)，以代替印刷本。 閣下如 ...

SWIRE PACIFIC LIMITED 太古股份有限公司 (於香港註冊成立的有限公司) (股份代號：00019 及 00087) 通 知 信 函 各位股東： 二零二五年中期報告（「本次公司通訊」）之發佈通知 太古股份有限公司（「公司」）的本次公司通訊之中、英文版本已上載於公司網站 (www.swirepacific.com) 之 投資者關係網頁及香港交易及結算所有限公司（「香港交易所」）網站 (www.hkexnews.hk)，歡迎查閱。如 閣下已選擇收取公司通訊( 附註 1)之印刷本，現隨函附上 閣下所選擇的語言版本之本次公司通訊印刷本。 以電子方式發佈公司通訊之新安排 根據《香港聯合交易所有限公司證券上市規則》（「上市規則」）、《公司條例》（香港法例第 622 章）（其 中包括於 2025 年 4 月 17 日生效的《2025 年公司（修訂）條例》）及公司的組織章程細則，公司現特來函通知 閣 下 公 司 已 採 用 電 子 方 式 發 佈 公 司 通 訊 ， 即 所 有 日 後 公 司 通 訊 的 中 、 英 文 版 均 將 刊 登 於 公 司 網 站 (www.swirepacific.com) 及 ...

股份代號：'A' 股 00019 'B' 股 00087 2025 中期報告 封面 目錄 1 企業宣言 2 表現摘要 3 主席報告 7 業務評述 35 財務評述 37 融資 42 簡明中期財務報表的審閱報告 43 簡明中期財務報表 48 簡明中期財務報表附註 79 附加資料 82 詞彙 84 財務日誌及投資者資訊 企業宣言 永續發展 長遠增長 正直真誠，竭盡所能，精益求精，謙遜恭謹，團隊 合作，長遠發展。 我們的核心原則 我們的投資原則 太古股份有限公司 二零二五年中期報告 1 我們的業務集中於極具發展潛力的亞洲區（特別是 大中華區），集團在該區已累積多年經驗，對該區 有深入的認識，並且已建立穩固的業務關係。 我們在集團內靈活調動資金和人才，並互相交流觀 點。集團規模龐大且業務多元化，可增加我們接觸 不同投資機會的可能性。 我們採取審慎的財務管理方針，使長期投資計劃不 受金融市場的短期波動所影響。 我們招聘最優秀的人才，並投放大量資源於培訓及 發展。員工的福祉是集團營運業務的關鍵。 我們在互惠互利的基礎上，與業務夥伴建立穩健而 持久的關係。 我們投資於可持續發展工作，並相信這是正確的方 針，而可持續發展工作有 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 截至月份: | 2025年8月31日 | 狀態: | 新提交 | | --- | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | | 公司名稱: | Swire Pacific Limited 太古股份有限公司 | | | | 呈交日期: | 2025年9月1日 | | | | I. 法定/註冊股本變動 不適用 | | | | | 備註： | | | | | Swire Pacific Limited 太古股份有限公司並無法定股本，及其股本並無股份面值。 | | | | 第 1 頁 共 10 頁 v 1.1.1 FF301 FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00019 | 說明 | A股 | | | | | | | | 已發行股份（不包括 ...

Group 1 - Swire Properties plans to issue a seven-year USD bond to refinance a $500 million note maturing in September [1] - Approximately 30% of Swire's total debt is denominated in RMB, and the company is seeking opportunities to diversify into other currencies [1] - The choice of a seven-year term for the bond is influenced by the fact that most of Swire's bank financing is for five years [1]

Group 1 - The company Swire Properties (00019)/(00087) plans to issue a seven-year USD bond as early as Thursday (August 21) to refinance a $500 million note maturing in September [1] - Approximately 30% of Swire's total debt is denominated in RMB, and the company is actively seeking opportunities to diversify into other currencies [1] - The choice of a seven-year term for the bond issuance is influenced by the fact that most of the company's bank financing is for five years [1]

Group 1 - Goldman Sachs has adjusted its earnings per share forecast for Swire Properties (00019) for the years 2023 to 2027, with revisions ranging from a 9% downgrade to a 3% upgrade, and has lowered the target price from HKD 91.6 to HKD 90, maintaining a "Buy" rating [1] - Swire Properties reported a net profit of HKD 8.15 billion for the first half of the year, with actual net profit down 1% year-on-year to HKD 47 billion, aligning with Goldman Sachs' expectations and representing 49% of the firm's full-year forecast [1] - The company has increased its interim dividend per share to HKD 1.3, with recurring profit per share (excluding Cathay Pacific (00293)) at 49%, and aims for a payout ratio of 50-60% [1] Group 2 - Management expressed cautious optimism regarding business outlook during the earnings meeting, anticipating continued macroeconomic challenges but committing to long-term strategies and seeking investment opportunities in Hong Kong and the Greater Bay Area [1] - The report noted that Swire's stock price discount to net asset value has widened from approximately 20% to 33% over the past quarter, which is in line with the historical average of 25% to 30% [1] - The stock is viewed as providing a balanced risk exposure across property, consumer-related, and aviation sectors, with valuations at 4 times book value, 10 times forecasted earnings for the year, and a dividend yield of 5.2% considered not expensive [1]

Core Viewpoint - UBS reported that Swire Pacific (00019) had a mid-term recurring underlying profit of HKD 4.7 billion, a year-on-year decline of 1%, which was 12% below their expectations, primarily due to lower-than-expected contributions from Cathay Pacific (00293) [1] Financial Performance - The group's mid-term dividend was HKD 1.3, representing a year-on-year increase of 4%, which was largely in line with expectations [1] - The company has adjusted its earnings forecasts for 2025 to 2027 down by 1% to 5% to reflect changes in earnings estimates for Cathay, HAECO, and the beverage business [1] Management Strategy - Management reiterated their focus on long-term strategic investments and gradual dividends rather than share buybacks [1] - Future share buybacks will depend on stock price, debt ratio, and market conditions [1] Target Price Adjustment - UBS slightly lowered the target price for Swire Pacific from HKD 75 to HKD 74, maintaining a "Neutral" rating [1]