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Nomura rates China Resources Beer at buy, noting in-line 2023 results with revenue rising 10% year-over-year, net profit up 19%; growth driven by product enhancement in beer business, 4% rise in average selling prices, contribution from baijiu business
Published: March 19, 2024 by AASTOCKS (HK)
Nomura expects China's economy to worsen into spring, as Beijing hasn't been able to revive battered property sector; service consumption growth will likely slow after Chinese New Year holiday on fading pent-up demand, weakening consumer confidence
Published: February 14, 2024 by Business Insider
Nomura forecasts Fed to cut interest rates by 100 basis points in 2024 and slow balance-sheet rundown in June, followed by an end to quantitative tightening in December
Published: January 26, 2024 by Reuters
Nomura expects China's economic downturn to extend into 2024, sees real estate sector further deteriorating over H1 2024; Chinese homebuilders unlikely to see meaningful recovery until government tackles issue of undelivered homes
Published: December 12, 2023 by AASTOCKS (HK)
Citi, JPMorgan and Nomura raise China's 2023 GDP growth forecast to 5.3%, 5.2% and 5.1%, respectively, after positive Q3 data, but stress need for more stimulus; government's ability to spur growth has been hamstrung by fears over debt risks, fragile yuan
Published: October 18, 2023 by Reuters

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