Electronic Components

COWELL

COWELL released FY2025 Q3 earnings on March 30 (BJT), actual revenue HKD 8.327 B (forecast HKD 7.25 B), actual EPS HKD 0.5698 (forecast HKD 0.7664)

COWELL released FY2025 9 Months earnings on March 30, 2026 (BJT), actual revenue HKD 18.96 B, actual EPS HKD 1.1559

GalaxyCore Announces Significant Growth in 2025 Results

COWELL released FY2025 annual earnings during market hours on March 30 (BJT), actual revenue HKD 27.29 B (forecast HKD 27.67 B), actual EPS HKD 1.7232 (forecast HKD 1.6362)

COWELL released FY2025 Q4 earnings on March 30 During-Market (BJT), actual revenue HKD 8.323 B (forecast HKD 7.524 B), actual EPS HKD 0.5697 (forecast HKD 0.7821)

COWELL to release FY2025 earnings report on March 30 During-Market BJT, forecast revenue HKD 27.81 B, EPS HKD 1.6703

JPMorgan Raises Profit Forecast and Reiterates Overweight Rating for GoerTek

Gowei Electronic Issues 723,000 Ordinary Shares Upon Exercise of Stock Option Plan

High Tech Electronics Allocates 263,000 Ordinary Shares Based on Share Option Plan

HighView Electronic Exercises Warrants to Issue 1.19 Million Ordinary Shares

Mingxin Securities Report Analyzes Gwee E-Optics' Performance and Future Layout

Citi Reports Forecasting High Way Electronics' Revenue and Profit Growth in H2

COWELL released FY2025 Q1 earnings on August 21 (BJT), actual revenue HKD 5.291 B (forecast HKD 4.341 B), actual EPS HKD 0.2917 (forecast HKD 0.391)

COWELL released FY2025 Semi-Annual earnings on August 21 After-Market (BJT), actual revenue HKD 10.63 B (forecast HKD 10.74 B), actual EPS HKD 0.586 (forecast HKD 0.6803)

COWELL released FY2025 Q2 earnings on August 21 After-Market (BJT), actual revenue HKD 5.339 B (forecast HKD 3.942 B), actual EPS HKD 0.2943 (forecast HKD 0.2971)

Highwave Electronics' Mid-Year Profit Up 320.21% YoY

Gowei Electronics Reports Significant Growth in 2025 Mid-Year Results

COWELL to Release FY2025 Semi-Annual Earnings on August 21, 2025 (BJT), Forecast Revenue HKD 10.74 B, EPS HKD 0.6803

JPMorgan Gives an Overweight Rating to Gowise Holdings

JPMorgan Initiates Overweight Rating on GoerTek

ONE MEDIA GROUP

WT GROUP

ROBOTPHOENIX

GW TIANDI

HAITIAN ANTENNA

DIT GROUP

E-HOUSE ENT

PROSPER FUTURE

MININGLAMP-W

REDCO HEALTHY

01415

09999

NTES

UOB Kay Hian added COWELL and NTES-S to its Buy list, recommending purchases on pullbacks. The broker noted China's equity market pulled back in May due to a lack of new catalysts and expects US equities to consolidate. Viewing the dip as an opportunity to accumulate stocks with strong revenue growth, UOB Kay Hian also updated ratings for several other companies, including adding Li Auto-W to its Sell list.

- UOB Kay Hian reported that China's equity market declined in May, with the HSI and MSCI China Index dropping 2.3% and 3.4% month-on-month due to a lack of new catalysts.  
- The broker anticipates US equities entering a consolidation phase, possibly pulling China's market lower in June, viewing this as an opportunity to accumulate stocks with stronger revenue growth for the second half of 2026.  
- Stocks added to the Buy list include COWELL, CHINA RES MIXC, NTES-S, and WUXI APPTEC, while LI AUTO-W was placed on the Sell list.

AASTOCKS News

NTES-S

NetEase

Hang Seng Index

CHINA RES MIXC

WUXI APPTEC

WuXi AppTec

LI AUTO-W

Li Auto

BABA-W

Alibaba

BEONE MEDICINES

MINTH GROUP

TRIP.COM-S

Trip.com

ZIJIN MINING

Zijin Mining

BABA-WR

Alibaba HK SDR 5to1

BeOne Medicines

Beigene

MINTH GROUP-2K

Trip.com HK SDR 50to1

UOB Kay Hian Adds COWELL, NTES-S to Buy List, Recommends Buying on Pullbacks

02427

00650

00596

02637

06088

06809

03833

01286

01651

GUANZE MEDICAL(02427) rose 35.76%, with a trading turnover 68.7 Million HKD, and a year-to-date rose 1203.8%. PRODUCTIVE TECH(00650) rose 24.53%, with a trading turnover 55.0 Million HKD, and a year-to-date rose 251.1%. INSPUR DIGI ENT(00596) rose 20.37%, with a trading turnover 58.0 Million HKD, and a year-to-date fell 61.1%.

Top Gainers&Losers

GUANZE MEDICAL

PRODUCTIVE TECH

INSPUR DIGI ENT

HAIXI PHARMA

FIT HON TENG

MONTAGE TECH

XINXIN MINING

IMPRO PRECISION

TSUGAMI CHINA

Top 10 HK Stock Gainers (4.27)

COWELL (1415.HK) currently shows strong pressure on the technical side, with a "death cross" pattern forming at the daily level, and a downward combination with the moving average system. Overall market sentiment is cautious, with no significant increase in trading volume, and the stock price performance is sluggish. From an operational perspective, attention should be paid to the capital game situation at key price levels in the short term. If the support level cannot hold, further declines in the stock price cannot be ruled out. From an industry-wide analysis, COWELL, as a representative enterprise in the electronic components field, is affected by industry cycles and the macroeconomic environment, compounded by global supply and demand changes, making it face a more uncertain market environment. In the short term, corporate and sector policy dynamics will directly influence capital flows. The current technical pattern reflects that the market needs to find a new balance during the adjustment phase, with capital momentum switching becoming an important basis for short-term rebounds or trend continuation. It is recommended that investors remain cautious during periods of increased volatility while continuously tracking industry policy dynamics and intraday performance

Technical Forecast

Morning Trend | COWELL (1415.HK) tests support level, technical pattern in "death cross" confirmation area

STECH

00HSI

00300

02388

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09618

03037

The Hong Kong stock market fluctuated repeatedly, with the Hang Seng Index closing up 37 points at 24,788 points. The National Index and the Hang Seng TECH Index fell by 24 points and 40 points, respectively. JD plans to issue RMB senior notes, with its stock price rising slightly. Alibaba launched a new model, leading to a decline in its stock price. Technology stocks showed mixed performance, with some rising and others falling. Tian Shu Zhi Xin's annual losses widened, resulting in a significant drop in its stock price. COWELL's annual net profit increased by 65%, and its stock price rose by 11.2%

AASTOCKS

Hang Seng TECH Index

MIDEA GROUP

BOC HONG KONG

HANSOH PHARMA

JD-SW

CSOP HSI ETF

"Hong Kong Stocks" The Hang Seng Index closed up 37 points, HANSOH PHARMA and MIDEA rose sharply, BOC HONG KONG increased by over 5%

00658

02665

01872

02889

06821

06687

02609

01519

00290

C TRANSMISSION(00658) rose 31.76%, with a trading turnover 11.4 Million HKD, and a year-to-date rose 19.6%. SEYOND(02665) rose 28.25%, with a trading turnover 107.5 Million HKD, and a year-to-date fell 9%. GUAN CHAO HLDGS(01872) rose 19.86%, with a trading turnover 25.2 Million HKD, and a year-to-date fell 5.8%.

C TRANSMISSION

SEYOND

GUAN CHAO HLDGS

PATEO

Asymchem

JST GROUP

BAYZED HEALTH

J&T EXPRESS-W

GOFINTECH QUANT

Top 10 HK Stock Gainers (3.31)

00883

00467

00700

Today, Hong Kong's three major indices collectively trended lower, with market sentiment significantly pressured by the external environment and policy changes; the Hang Seng TECH Index retreated by nearly 0.5%. On the market front, the oil and gas sector fell across the board due to international oil price fluctuations, with CNOOC and UNITEDENERGY GP leading the declines. Internet giants diverged; while TENCENT rose slightly, its intraday short-selling turnover exceeded HK$3 billion, indicating intense long-short contention. Meanwhile, the market showed clear structural opportunities, with retailers and the AI sector performing actively. JST GROUP, COWELL, and other stocks surged significantly, while Asymchem jumped 12% against the trend, bolstered by strong earnings and dividend plans. Overall, competition among existing funds within the market intensified, and investor caution remained high, with capital flows tilting toward high-performance stocks and those supported by buybacks

- Hong Kong's major indices experienced significant adjustments, with the Hang Seng Index at 24,719.62, down 0.13%.  
- The oil and gas sector faced notable declines, influenced by international oil price fluctuations, while retail stocks showed volatility with significant gains for some companies.  
- Market sentiment remains cautious amid concerns over liquidity and external economic conditions, suggesting differentiated risk preferences and structural opportunities.

LB Select

CNOOC

UNITEDENERGY GP

TENCENT

KUAISHOU-W

SENSETIME-W

BIDU-SWR

PHANCY

HORIZONROBOT-W

YOFC

POP MART

XIAOMI-W

ZIJIN GOLD INTL

BYD COMPANY

MEITUAN

Hong Kong Stocks Intraday | Hong Kong's Three Major Indices Fall Across the Board: TENCENT Edges Up Against the Trend Amid Divergence, Oil and Gas Sector Plunges to Lead the Decline

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JP Morgan listed the companies affected by the appreciation of the RMB on the earnings of Chinese stocks, indicating that a 5% appreciation of the RMB against the USD will negatively impact the net profits of several companies. The affected companies include SHENZHOU INTL, Super Ocean International, SMIC, USISH, COWELL, Longi Green Energy, SINOCERA MATERIAL, Zhejiang Dingli, Sany, XCMG, WUXI BIO, WUXI XDC, Jereh Holdings, and Sinopec Oilfield Service, with an expected impact range of 7% to 15%

SMIC

A BOS RMB MM-R

SHENZHOU INTL

Sany

A BOS RMB MM

WUXI XDC

Sinocera

A VP RMB MM

WUXI BIO

USISH

XCMG

JP Morgan lists the Chinese stocks that are most negatively impacted by the appreciation of the RMB (Table)

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588170

512720

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561600

On February 3rd, COWELL continued to strengthen during the trading session, with active main funds driving the stock price to rise multiple times. The electronic components sector performed outstandingly, especially as AI hardware-related companies received attention from multiple institutions this week, with new orders and positive news on customer collaborations serving as catalysts for right-side trading. The company announced an increase in its AI camera module project during the session, and there was a noticeable follow-up from funds after the market closed. There were multiple instances of increased volume pushing the price higher, but as it approached the previous high pressure zone, divergences intensified, leading some funds to actively adjust their positions. The technical structure remains bullish, with the 5-day and 10-day moving averages forming technical support. In terms of the industry, the tight supply chain for ICs has improved, and the recovery in terminal demand has enhanced the sector's attractiveness. After further release of overall trading volume, short-term divergences and volatility have intensified, and the risk of high-level plunges needs to be monitored. It is essential to dynamically monitor the distribution of main funds and real-time market changes, avoiding blind chasing of highs, and paying attention to controlling the risks of chasing after price increases

Tianhong CSI Computer Theme ETF

ChinaAMC SSE STAR Semiconductor Material & Equipment Thematic ETF

Guotai CSI Computer Theme ETF

Guotai CSI All Share Integrated Circuit ETF

Ping An CSI Consumer Electronic Theme ETF

COWELL (1415.HK): Main capital fluctuations are active, AI hardware orders frequently bring good news, and high-level divergences are gradually increasing

JP Morgan expects COWELL to achieve strong profit growth in the next two years, setting a target price of 44 yuan and maintaining an "overweight" rating. Despite the poor stock performance in the fourth quarter of last year due to market concerns over rising memory prices, the bank believes the market has overreacted and expects an 8% increase in shipments in the first half of this year. The adjustment of the iPhone product line in the second half of the year will benefit the company, with profit growth expected to be between 23% and 26% from 2025 to 2027

JP Morgan expects COWELL to see strong profit growth in the next two years, with a target price of 44 yuan, recommending "buy"

Cowell e Holdings (HKG:1415) has shown impressive annual EPS growth of 41% over the last three years, indicating strong potential for future performance. The company's EBIT margins have increased from 4.6% to 7.8%, alongside growing revenue, suggesting sustainable growth. The CEO's modest compensation of US$458k aligns with shareholder interests, reflecting good governance. Overall, Cowell e Holdings appears to be a quality business worth watching, although further research is recommended before making investment decisions.

Simplywall

With EPS Growth And More, Cowell e Holdings (HKG:1415) Makes An Interesting Case

COWELL(01415.HK)