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| HSI1 | 25,915.20 | 0.00 | -- |
| HSCEI1 | 8,732.63 | 0.00 | -- |
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2026-04-23 15:17:40 Affected by a 5.2% YoY decline in global automobile production, FUYAO GLASS (03606.HK) recorded revenue growth of 5% YoY in 1Q26, according to a report from Goldman Sachs. A drop of merely 3.7% in the company's shipment volume, however, indicated continued market share gains. In FUYAO GLASS management's estimation, the overall impact of cost inflation (such as natural gas and freight rates) will be limited under geopolitical tensions, as soda ash prices and freight rates are expected to falter over the full-year outlook. The company also predicts capitalization of construction-in-progress to remain stable in 2026. Goldman Sachs has kept a Buy rating on FUYAO GLASS, with a 12-month target price of HKD73. ~ AAStocks Financial News Web Site: www.aastocks.com | |