MBGDINV@EC2603A

Yuehai Investment Acquires Shares of Water Companies

East China Securities Raises Profit Forecast for China South Sea Investment, Maintains Buy Rating

Citi Maintains Buy Rating on Wharf Holdings

GUANGDONG INV released FY2025 9 Months Earnings on October 27 During-Market (BJT), actual revenue HKD 14.28 B, actual EPS HKD 0.4224

GUANGDONG INV released FY2025 Q3 earnings on October 27 During-Market (BJT), actual revenue HKD 4.853 B, actual EPS HKD 0.2118 (forecast EPS HKD 0.24)

GUANGDONG INV to Release FY2025 9 Months Earnings Report on October 27 During-Market (BJT), Forecast EPS HKD 0.24

Citibank Raises Target Price and Profit Forecast for Yuehai Investment

GUANGDONG INV released FY2025 Q2 earnings on August 25 During-Market (BJT), actual revenue HKD 4.811 B, actual EPS HKD 0.2106 (forecast EPS HKD 0.23)

GUANGDONG INV released FY2025 Semi-Annual earnings on August 25 During-Market (BJT), actual revenue HKD 9.428 B, actual EPS HKD 0.4101

GUANGDONG INV to Release FY2025 Semi-Annual Earnings on August 25, 2025 (BJT)

BofA Upgrades Rating and Target Price for Wharf

Shenwan Hongyuan: Valuation of Environmental Protection Assets in Municipal Industry to Improve

Yuehai Investment Renewed Agreement with Feixiaxia Hydropower Station for Photovoltaic Power Plant Project

China Water Supplies Q1 2025 Sales Down 85.5% but Pre-tax Profit Up

GUANGDONG INV released FY2025 Q1 earnings on April 28 During-Market (BJT), actual revenue HKD 4.617 B (forecast HKD --), actual EPS HKD 0 (forecast HKD 0.26)

GUANGDONG INV to release FY2025 Q1 earnings report on April 28 During-Market BJT, forecast EPS HKD 0.26

Eastwu Securities Gives Initial Buy Rating to Yu Hai Investment

Bank of America Raises Yuehai Investment Target Price to 6.5 Yuan, Upgrades Rating from Neutral to Buy

Citi Lowers Yuehai Investment Profit Forecast, Target Price Reduced to 6.8 HKD

Guangdong Investment Releases 2024 Annual Results, Revenue Decreases by 8.9%, Profit Increases by 0.6%

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CU VENTURE INV

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Soochow Securities Co., Ltd. maintains a "Buy" rating on GUANGDONG INV, believing that its water resource business is stable. In Q1-Q3 2025, the company's continuing operations revenue was HKD 14.281 billion, a year-on-year increase of 1.3%; the net profit attributable to the parent company was HKD 4.067 billion, a year-on-year increase of 13.2%. After divesting from Guangdong Land, the debt improved, the dividend payout ratio remained stable, and cash flow certainty is strong. It is expected that the net profit attributable to the parent company will be revised upward for 2025-2027, with a projected dividend yield of 6.3% in 2025

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GUANGDONG INV

Soochow Securities Co., Ltd.: Maintains "Buy" rating on GUANGDONG INV, water resource business is stable

GUANGDONG INV announced that its wholly-owned subsidiary Water Investment will acquire equity in two target companies for approximately CNY 227 million, specifically 51% equity in Yangjiang Guangdong Inv Qingyuan Environmental Protection Co., Ltd. and 2% equity in Shantou Guangdong Inv Water Co., Ltd. This acquisition will enhance the group's water resource business scale and market influence, with the expected daily water processing capacity increasing from 11,184,700 tons to 12,104,700 tons, aligning with the company's development goal of focusing on water resources as its core business

GUANGDONG INV: Water investment plans to acquire equity in two target companies for approximately 227 million yuan

According to the Zhitong Finance APP, GUANGDONG INV announced that on October 28, 2025, the company will accept a committed revolving loan financing of HKD 1.75 billion provided by a bank (the loan financing), subject to the terms and conditions set forth in the loan financing letter (the financing letter), to be used for the company's general working capital needs. The term of the loan financing is 364 days from the date of the first withdrawal

GUANGDONG INV has been provided with a committed revolving loan financing of HKD 1.75 billion

HSBC Research raised the target price of GUANGDONG INV to HKD 7.8, citing stable performance in its water business, with net profit reaching HKD 4.067 billion in the first nine months of 2025, a year-on-year increase of 13%. HSBC also raised its net profit forecasts for 2025 to 2027 by 1% to 2%, maintaining a "Buy" rating, believing its valuation is attractive

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HSBC Research raises the target price of GUANGDONG INV to 7.8 yuan, with resilient operations in the water business

According to the Zhitong Finance APP, GUANGDONG INV announced that effective from October 28, 2025: Mr. He Zhifeng will be appointed as a non-executive director of the company; Ms. Wang Surong has submitted her resignation as a non-executive director of the company

GUANGDONG INV: He Zhifeng has been appointed as a non-executive director

GUANGDONG INV released its performance report for the period ending September 30, 2025, with a net profit attributable to shareholders of HKD 4.067 billion for the first three quarters, an increase of 13.2% year-on-year. The group's total revenue was HKD 14.281 billion, a year-on-year increase of 1.3%, mainly driven by the growth in water resource business revenue, which partially offset the decline in revenue from department stores, roads and bridges, and power generation businesses

In the first three quarters, GUANGDONG INV's net profit attributable to shareholders was HKD 4.067 billion, an increase of 13.2% year-on-year

According to the Zhitong Finance APP, GUANGDONG INV announced that on October 21, 2025, the company will accept a committed term loan financing of HKD 2 billion from a bank (the loan financing), subject to the terms and conditions set forth in the loan financing letter (the financing letter), to be used for refinancing existing debts and short-term working capital needs. The term of the loan financing will not exceed 364 days from the date of the first withdrawal

GUANGDONG INV has been granted a committed term loan financing of HKD 2 billion

Guangdong INV rose over 4% again, as of the time of writing, up 4.23% to HKD 7.4, with a transaction volume of HKD 124 million. In terms of news, Guangdong INV released its interim results, with revenue from continuing operations at HKD 9.428 billion, a year-on-year decrease of 0.6%, mainly due to declines in department store operations, road and bridge businesses, and power generation revenues; the profit attributable to the company's owners was HKD 2.682 billion, a year-on-year increase of 11.2%, mainly due to savings in financial expenses and foreign exchange gains from the appreciation of the RMB. Basic earnings per share were HKD 0.4102, and an interim dividend of HKD 0.2666 per share is proposed. Soochow Securities pointed out that the company's water resources business has shown stable revenue growth, with the Dongshen water supply project contributing 68.95% of pre-tax profit. This project achieved both revenue and profit growth despite a slight decline in water supply volume, reflecting a smooth market-oriented pricing mechanism and good profitability. In addition, after divesting Guangdong INV Land, the capital liability ratio decreased to 24.70%, and financial expenses were reduced by HKD 201 million compared to the same period last year. The firm stated that the water sector's performance is stable, and after the divestment of Guangdong INV Land, the liability side has improved, with a stable dividend payout ratio and strong dividend certainty, maintaining a "Buy" rating

Understanding the Market | GUANGDONG INV rises over 4% again, the company's water business remains stable, and the debt situation improves after the divestment of Guangdong Investment

Citi raised the target price for GUANGDONG INV to 8 yuan and gave it a "Buy" rating. It is expected that net profit will be adjusted upward by 10% to 11% from 2025 to 2027, and the dividend forecast has also been adjusted accordingly, with a projected dividend yield of 6.4%. The bank pointed out that the strong cash flow of GUANGDONG INV supports dividend distribution and plans to accumulate 4 billion yuan in cash each year to pay for the extension of the Hong Kong water supply franchise fees

Citigroup raises the target price of GUANGDONG INV to 8 yuan, attractive dividend yield

GUANGDONG INV opened high today at 3.05%, reaching a maximum of 7.1 yuan. Currently reported at 7.1 yuan, up 3.05%, with a trading volume of 164,000 shares, involving a capital of 1.1644 million yuan. The company recorded a mid-term revenue of 9.428 billion yuan, a slight decrease of 0.6% year-on-year. It recorded a net profit of 2.682 billion yuan, an increase of 11.2%; earnings per share were 0.4102 yuan. The interim dividend increased to 0.2666 yuan

GUANGDONG INV rose 3.05%, with interim net profit increasing by 11.2% year-on-year

According to the Zhitong Finance APP, GUANGDONG INV announced that Li Wenchang has been appointed as a non-executive director of the company, effective from August 26, 2025

GUANGDONG INV: Li Wenchang appointed as non-executive director

According to the Zhitong Finance APP, GUANGDONG INV announced that it will distribute an interim dividend of HKD 0.2666 per share for the six months ending June 30, 2025, on October 23, 2025

GUANGDONG INV will distribute an interim dividend of HKD 0.2666 per share on October 23

GUANGDONG INV released its interim results for the period ending June 30, 2025, with a profit attributable to shareholders of HKD 2.682 billion, an increase of 11.2% year-on-year. Revenue from continuing operations was HKD 9.428 billion, a decrease of 0.6% year-on-year. Basic earnings per share were HKD 0.4102, and an interim dividend of HKD 0.2666 per share is proposed. The revenue decline was mainly due to decreased income from department store operations, road and bridge businesses, and power generation operations

GUANGDONG INV released its interim results, with shareholders' attributable profit of HKD 2.682 billion, a year-on-year increase of 11.2%

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HSBC's research report pointed out that due to the contraction of the construction business and asset impairment, the profitability of China's environmental protection industry weakened in the first half of the year, suggesting attention to corporate cash flow and dividend sustainability. EB Environment and BJ ENT WATER are expected to see profits decline by 13% and 22%, respectively. HSBC's top pick is EB Environment, with a target price raised to 4.5 yuan, GUANGDONG INV's target price is 7.3 yuan, BJ ENT WATER maintains a hold rating with a target price of 2.6 yuan, and an expected dividend per share growth of 3%

MBGDINV@EC2603A(16382.HK)

Soochow Securities Co., Ltd.: Maintains "Buy" rating on GUANGDONG INV, water resource business is stable

GUANGDONG INV: Water investment plans to acquire equity in two target companies for approximately 227 million yuan

GUANGDONG INV has been provided with a committed revolving loan financing of HKD 1.75 billion

HSBC Research raises the target price of GUANGDONG INV to 7.8 yuan, with resilient operations in the water business

GUANGDONG INV: He Zhifeng has been appointed as a non-executive director