Core Viewpoint - The stock of He Yu-B (02256) has seen significant gains, rising over 60% in the month, driven by its inclusion in the MSCI Global Small Cap Index and strong financial performance [1] Group 1: Stock Performance - He Yu-B's stock price reached a new high of 17.5 HKD, with a current increase of 6.37% to 17.03 HKD [1] - The stock has experienced a cumulative increase of over 60% within the month [1] Group 2: MSCI Inclusion - On August 13, He Yu-B announced its inclusion in the MSCI Global Small Cap Index, effective after the market close on August 26 [1] - This inclusion is expected to lead to increased buying from passive funds, such as ETFs, enhancing market liquidity and international visibility for the company [1] Group 3: Financial Performance - For the first half of the year, He Yu-B reported revenue of 612 million HKD, representing a year-on-year growth of 23% [1] - The company's profit reached 328 million HKD, marking a year-on-year increase of 59% [1] - The strong performance was attributed to better-than-expected income from Merck's exercise [1] Group 4: Analyst Insights - CICC noted that the company's performance exceeded expectations, while Citigroup highlighted that the current valuation is low [1] - Citigroup emphasized the high certainty of the late-stage candidates, pimicotinib and irpagratinib, and the potential for differentiated innovation pipelines to secure external licensing [1] - The success rate of the Phase III clinical trial for irpagratinib in second-line liver cancer is expected to be very high, which should be factored into the company's valuation [1]

Core Viewpoint - Laopuhuang (06181) has seen a significant increase in stock price, attributed to its inclusion in the MSCI China Index and strong earnings forecast for the first half of the year [1] Group 1: Stock Performance - Laopuhuang's stock price rose nearly 4%, with a current increase of 3.21%, trading at 820 HKD and a transaction volume of 569 million HKD [1] Group 2: MSCI Index Inclusion - MSCI announced changes to the MSCI China Index, adding 14 new stocks and removing 17, with Laopuhuang being included in the index effective after market close on the 26th of this month [1] Group 3: Earnings Forecast - The company expects to achieve revenue between 12 billion to 12.5 billion RMB for the first half of the year, representing a year-on-year growth of 241% to 255% [1] - Net profit is projected to be between 2.23 billion to 2.28 billion RMB, indicating a year-on-year increase of 279% to 288% [1] Group 4: Market Outlook - Dongwu Securities highlights that the company is in a continuous "out-of-the-box" trend, with brand momentum still on the rise, and anticipates contributions from new store openings in the second half of the year [1] - The company is expected to benefit from the expansion of overseas stores, enhancing its long-term brand strength in international markets [1]

Core Viewpoint - The stock of Laopu Gold (06181) has seen a significant increase, attributed to its inclusion in the MSCI China Index and strong earnings projections for the first half of the year [1] Group 1: Stock Performance - Laopu Gold's stock rose nearly 4%, with a current increase of 3.21%, trading at 820 HKD and a transaction volume of 569 million HKD [1] Group 2: MSCI Index Inclusion - MSCI announced changes to the MSCI China Index, adding 14 new stocks and removing 17, with Laopu Gold being included in the index effective after the market close on the 26th of this month [1] Group 3: Earnings Forecast - Laopu Gold expects to achieve revenue between 12 billion to 12.5 billion RMB for the first half of the year, representing a year-on-year growth of 241% to 255% [1] - The company anticipates a net profit of 2.23 billion to 2.28 billion RMB, reflecting a year-on-year increase of 279% to 288% [1] Group 4: Market Outlook - Dongwu Securities noted that the company is in a phase of continuous brand expansion, with expectations for new store openings to contribute positively in the second half of the year [1] - The company's overseas store expansion is expected to enhance its long-term brand strength [1]