TSMC Continued AI growth and GM uptick with potential for further Intel outsourcing; Raise PT to NT$1500 We raise our FY26 EPS estimates by 7% led by continued strong growth in N3 and initial contribution from N2,helped by AI momentum and rising adoption of Edge AI. As N3 margin dilution diminishes and cyclical semis show some recovery, we believe that GMs could approach 59-60% in 2026, despite the headwinds from overseas Fabs ramp. In addition, we believe that there is a high likelihood that Intel may need ...

10 Oct 2024 21:42:07 ET │ 20 pages Quantitative Global Macro Strategy Model Update: Risk-on regime with higher growth and looser financial conditions CITI'S TAKE We update our regime model using the latest available data. Economic growth indicators have increased led by the surprising payrolls beat. Crossasset volatility remains elevated but easing financial conditions means our regime model turns bullish. Inflation moves back to long-term targets. We move max bullish equities via US and EM and overweight H ...

CK Hutchison Holdings Limited (OTCPK:CKHUY) Q2 2024 Results Conference Call August 15, 2024 5:00 AM ET Company Participants Frank Sixt - Group Finance Director, Deputy MD & Executive Director Dominic Lai - Deputy MD & Executive Director Victor Li - Chairman & Group Co-MD Operator Welcome to attended live webcast of CK Hutchison 2024 Interim Results Presentation. Today, our speakers are Mr. Victor Li, our Chairman, who will join us later. Mr. Frank Sixt, our Group Co-Managing Director and Group Finance Direc ...

高盛：美光科技需求和供应控制驱动2025年超预期盈利能力；2024财年第三季度 ...

| --- | --- | |-------|----------------------| | PWT | 佩恩表 | | q/q | 季度环比 | | Q1 | 第一季度 | | Q2 | 第二季度 | | Q3 | 第三季度 | | Q4 | 第四季度 | | RCB | 农村商业银行 | | R&D | 研究与开发 | | RHS | 右轴 | | RMB | 人民币 | | ROA | 资产回报率 | | ROE | 股本回报率 | | RRR | 存款准备金率 | | RURS | 城乡居民基本养老保险 | | sa | 季节调整 | | SAFE | 中国国家外汇管理局 | | SOE | 国有企业 | | TFP | 全要素生产率 | | UN | 联合国 | | US | 美国 | | USD | 美元 | | VAT | 增值税 | | WBG | 世界银行集团 | | WDI | 世界发展指标 | | y/y | 与上年同期相比 | | ytd | 年初迄今 | | 4mma | 4 个月度移动平均 | 概要 来源：世界银行。 注：f = 预测（基线情景）。* 世界银行工作人员估算。 更 ...

The Conglomerate The Businesses Nikada/E+ via Getty Images Note: All monetary values are in Hong Kong Dollars unless noted otherwise Hong Kong based conglomerate, CK Hutchison Holdings Limited (OTCPK:CKHUY) has a presence in 50 countries and operates four businesses. Seeking Alpha - Getty Images Ports and Related Services: CKHUY runs 53 ports across 24 countries and also provides related services such as distribution centers, ship repair facilities and cargo and container handling, to name a few. The wingsp ...

Goldman Sachs EQUITY RESEARCH 1 June 17, 2024 I 4:04 PM EDT 2024 Global eCommerce Handbook Focus Turns to Normalized Growth and Competitive Intensity +1 917 343-8683 eric.sheridan@gs.com Goldman Sachs & Co. LLC +852 2978-0856 ronald.keung@gs.com Goldman Sachs (Asia) L.L.C. We introduce the second edition of the Goldman Sachs Global eCommerce Handbook where we analyze key trends and debates impacting eCommerce around the world to help investors navigate the sector. We expect global eCommerce sales to grow at ...

更多资料加入知识星球：水木调研纪要 关注公众号：水木纪要 7 June 2024 | 10:06PM HKT China Ports: Consumer & Leisure Corp Day: 3-4% volume growth and stable ASP guidance unchanged, potential upside from storage income We hosted China Merchants Port (0144.HK, Buy) and COSCO Shipping Ports Herbert Lu +852-2978-0726 | herbert.lu@gs.com (1199.HK, Buy) at our GS Greater China Consumer & Leisure Corporate Day on Jun Goldman Sachs (Asia) L.L.C. 6-7. Key takeaways include: 1) YTD volume performance was in line with China’s Simon Cheung, CFA +85 ...

A pedestrian walks past a Vodafone store in central London on May 16, 2023. British mobile giant Vodafone is to axe 11,000 jobs over three years in the latest cull to hit the tech sector, as new boss Margherita Della Valle slammed recent performance.Britain's competition watchdog on Friday said it is opening an investigation into the proposed merger between Vodafone and the Three UK mobile network owned by CK Hutchison.This is a breaking news story. Please check back for more. ...

Conference Call Participants Operator Good afternoon. Welcome to the live webcast of CK Hutchison 2022 Final Results Presentation. Today, our speakers are Mr. Victor Li, our Chairman and Group Co-Managing Director; Mr. Canning Fok, Group CoManaging Director; Mr. Frank Sixt, Group Finance Director and Deputy Managing Director; Mr. Dominic Lai, Deputy Managing Director of CK Hutchison and Group Managing Director of A.S. Watson Group; and Malina Ngai, CEO of Asia and Europe of A.S. Watson and Group COO of A.S. ...