Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  SHENZHEN STOCK EXCHANGE  >  Hangzhou Hikvision Digital Techgy Co Ltd    002415   CNE100000PM8

HANGZHOU HIKVISION DIGITAL TECHGY CO LTD

(002415)
  Report  
SummaryNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector news

Southeast Asia stocks: Most rise after U.S. eases curbs on Huawei

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/22/2019 | 12:37am EDT
An SGX sign is pictured at Singapore Stock Exchange

(Reuters) - Most Southeast Asian stock markets rose on Wednesday, tracking Wall Street peers, as the United States temporarily eased restrictions on China's Huawei Technologies Co Ltd, but persisting trade war concerns capped gains.

The U.S. Commerce Department, late on Monday, granted Huawei a 90-day licence to buy U.S. goods in order to minimize disruption to customers.

"Asian markets may capitalise on the slight improvement in risk appetite overnight and attempt to reclaim some lost ground today," OCBC Bank said in a note to its clients.

However, The New York Times reported on Tuesday that the United States is considering limits to Chinese video surveillance firm Hikvision's ability to buy U.S. technology, showing that tensions still persist.

Tensions between the world's largest economies intensified last week when U.S. Commerce Department added Huawei to a trade blacklist, prompting several U.S. companies to suspend business with the world's largest telecom equipment maker.

Singapore equities rose up to 0.5%, supported by industrial stocks. Index heavyweights Jardine Matheson Holdings Ltd and Jardine Strategic Holdings Ltd climbed 3.4% and 2.7%, respectively.

The bourse declined 0.7% in the previous session after first-quarter economic growth hit a decade low as manufacturing contracted in the wake of the Sino-U.S. trade war.

OCBC in a note on Thursday said, "the recent targeting of Huawei by the US administration is also contributing to greater uncertainties and potential ripple effects for the entire regional manufacturing value-chain."

Philippine stocks added as much as 0.8% and extended gains for a fourth straight session, underpinned by financial and industrial sectors.

Ayala Corp gained 5.5% and International Container Terminal Service Inc rose 2.7%.

The Thai index advanced as much as 0.8% on Wednesday as the country's customs cleared exports fell in line with forecasts.

Official data showed exports in April contracted 2.57% from a year earlier, while imports fell 0.72% from a year ago versus a Reuters estimate of a 4.6% decline.

Meanwhile, the Jakarta index declined on Wednesday as opposition leader Prabowo Subianto refused to concede defeat and considered a legal challenge to the presidential election result.

On Tuesday, the incumbent President Joko Widodo comfortably won a second term.

Investors are also concerned whether Widodo's government can carry forward reforms amidst the politically charged environment.

Financial markets in Malaysia are closed due to a holiday.

(Reporting by Niyati Shetty; editing by Uttaresh.V)

By Niyati Shetty

Stocks mentioned in the article
ChangeLast1st jan.
HANGZHOU HIKVISION DIGITAL TECHGY CO LTD End-of-day quote.
JARDINE MATHESON HOLDINGS LIMITED 0.03% 64.12 End-of-day quote.-7.46%
JARDINE STRATEGIC HOLDINGS LIMITED 0.90% 38.14 End-of-day quote.3.16%
RIPPLE - UNITED STATES DOLLAR -0.87% 0.4636 End-of-day quote.26.12%
VALUE8 -0.36% 5.48 Delayed Quote.16.03%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on HANGZHOU HIKVISION DIGITAL
05/22HANGZHOU HIKVISION DIGITAL TECHGY : China's Hikvision says takes cybersecurity s..
RE
05/22HANGZHOU HIKVISION DIGITAL TECHGY : U.S. might blacklist China's Hikvision over ..
RE
05/22HANGZHOU HIKVISION DIGITAL TECHGY : After Huawei, U.S. could blacklist Chinese s..
RE
05/22ASIA MARKETS: Asian Markets Cautious Amid Lingering Trade Tensions
DJ
05/22SOUTHEAST ASIA STOCKS : Most rise after U.S. eases curbs on Huawei
RE
05/20China's farm stocks defy Sino-U.S. trade rout on local demand expectations
RE
2018HANGZHOU HIKVISION DIGITAL TECHGY CO : 1st quarter report
CO
2017HANGZHOU HIKVISION DIGITAL TECHGY CO : Annual Report
CO
2017HANGZHOU HIKVISION DIGITAL TECHGY CO : 3rd quarter report
CO
2016Shenzhen-Hong Kong Trading Link Gets Off to Slow Start
DJ
More news
Financials (CNY)
Sales 2019 59 965 M
EBIT 2019 13 397 M
Net income 2019 12 927 M
Finance 2019 21 808 M
Yield 2019 2,33%
P/E ratio 2019 19,63
P/E ratio 2020 15,82
EV / Sales 2019 3,91x
EV / Sales 2020 3,14x
Capitalization 256 B
Chart HANGZHOU HIKVISION DIGITAL TECHGY CO LTD
Duration : Period :
Hangzhou Hikvision Digital Techgy Co Ltd Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 31
Average target price 37,6  CNY
Spread / Average Target 37%
EPS Revisions
Managers
NameTitle
Yang Zhong Hu General Manager & Executive Director
Zong Nian Chen Chairman
Hui Fang Cheng Chairman-Supervisory Board
Yan Jin Chief Financial Officer & Deputy General Manager
Hong Jia Gong Vice Chairman
Sector and Competitors
1st jan.Capitalization (M$)
HANGZHOU HIKVISION DIGITAL TECHGY CO LTD34 245
ALLEGION35.29%9 357
FLIR SYSTEMS INC23.20%6 525
ZHEJIANG DAHUA TECHNOLOGY CO., LTD.--.--%5 499
S1 CORP--.--%3 086
DORMAKABA17.88%2 860