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波斯灣和中國經濟前景提振亞洲股市

-- 週四,亞洲股市漲跌互現,交易員們密切關注北京方面發布的重要經濟報告以及中東和平前景。 香港、上海、首爾、台灣和東京股市均收漲,而其他地區性股市則小幅下跌。 在日本,日經225指數高開高走,最終收漲2.4%,交易員們正在權衡德黑蘭和華盛頓可能重啟和平談判的媒體報道。 日經225指數上漲1,384.10點,收在59518.34點,上漲個股數量超過下跌個股,比例為158比64。 領漲的股中,電子產品製造商TDK股價上漲13.1%,重型設備製造商小松股價下跌5.4%。 在香港,恆生指數高開高走,最終收漲1.7%,此前北京方面公佈了一系列總體利好的經濟報告。科技股領漲。 恆生指數上漲446.94點,收在26,394.26點,上漲個股數量超過下跌個股,比例為61比26。恆生科技指數當天上漲3.7%,而內地地產指數上漲1.2%。 領漲個股的是寧德時代科技,漲幅達9%,麵條製造商頂益則下跌3.5%。 內地方面,上證綜指上漲0.7%,收在4,055.55點。 經濟方面,國家統計局數據顯示,中國內地第一季國內生產毛額(GDP)年增5%,達到北京設定的目標。 此外,中國3月工業增加價值年增5.7%,而同期零售銷售成長放緩至1.7%。 國家統計局數據顯示,2026年3月中國70個城市新建住宅價格較上月下降3.4%,降幅較上月擴大至3.2%。 其他地區交易所方面,韓國綜合股價指數(KOSPI)上漲2.2%;台灣加權平均指數(TWSE)上漲1.1%;澳洲ASX 200指數下跌0.3%;新加坡海峽時報指數下跌0.3%;泰國S10指數下跌1.1%。孟買Sensex指數尾盤下跌0.2%。 MSCI亞太地區指數當日上漲1.2%。

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Research Alert: CFRA Keeps Hold Opinion On Shares Of Otis Worldwide Corporation

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We cut our 12-month target to $90 from $100 following Q1 earnings, valuing OTIS shares at 19.6x our 2027 EPS outlook of $4.58 (down from $4.70; 2026 EPS view updated to $4.18 from $4.25), a modest discount to industrial machinery peers' and OTIS's five-year forward multiple average given unclear timing of ongoing margin headwinds. Service margins were disappointing in Q1 (contracting 160 bps to 23%) amid higher labor and material costs that came in above pricing. Weakness in China has yet to stabilize, though as noted in the past, this represents a shrinking area of OTIS's portfolio and will have a more limited effect going forward. Overall, the latest quarter was more of the same (China weakness/New Equipment decline), though with the added concern of margin quality being pressured within Service - the core profit driver for OTIS overall. While efforts to shore up profitability are underway, we see timing of recovery being uncertain.

$OTIS
Asia Markets

Saudi Shares Start Week Higher; US-Iran Peace Talks Canceled

The Tadawul All Share Index closed Sunday 0.11% higher as investors assessed the latest updates regarding the conflict in the Middle East.US President Donald Trump said on his Truth Social account that the Pakistani trip for his envoys, Steve Witkoff and Jared Kushner, was canceled. The announcement dimmed the hopes for peace talks between Iran and the US to happen any time soon.Further to this, Israel launched an attack in Lebanon on April 25. The strikes, which targeted Hezbollah, resulted in four casualties and facility damage in Southern Lebanon.Back at home, Rabigh Refining and Petrochemical (SASE:2380), d/b/a Petro Rabigh, and Thob Al Aseel (SASE:4012) posted their financial results for the three months ended March 31. Petro Rabigh emerged from a loss in the first quarter, while Thob Al Aseel logged a higher net profit and revenue."The reason for net profit reported during the current quarter compared to a net loss recorded in the same quarter of last year was primarily attributable to improved product margins resulting from stronger refined product pricing and higher sales volumes," Petro Rabigh said in its report.Petro Rabigh rose 10% at closing, while Thob Al Aseel ticked down 1.59%.Meanwhile, the local calendar will be mostly empty except for the kingdom's preliminary figures for its GDP growth rate for the first quarter and the M3 money supply and private bank lending data for March on Thursday.

$^TASI$SASE:2380$SASE:4012
Research

Research Alert: CFRA Maintains Hold Rating On Shares Of United Rentals Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lift our 12-month target price to $1,100 from $950 following a strong first quarter, valuing shares at 20.5x our 2027 EPS outlook of $54.28 (in line with previous estimate; 2026 EPS also in line). We believe a higher multiple is justified given URI's firming market leadership within an expanding rental equipment industry. A robust Q1 beat enabled URI to raise its full-year revenue guidance to $16.9B-$17.4B and adjusted EBITDA to $7.625B-$7.875B, citing momentum heading into a busy season. With leverage well below historical levels, we believe accretive M&A deals could serve as a potential catalyst for additional guidance increases. Margin compression has been a sticky issue for URI, but Q1 indicated that pricing may have turned around and that headwinds are starting to ease as quarterly results begin to lap when tariff-related inflation began to pick-up. We remain cautious on margins, though are encouraged by signs of stabilization. New project activity is likely supporting pricing trends, in our view.

$URI