logo
Will China hit its mid-year growth target?

Will China hit its mid-year growth target?

Yahooa day ago
China GDP figures for the first half of the year are published on Tuesday, providing the latest indication of whether US President Donald
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Global Growth Companies With High Insider Ownership Expecting Up To 120% Earnings Growth
Global Growth Companies With High Insider Ownership Expecting Up To 120% Earnings Growth

Yahoo

time20 minutes ago

  • Yahoo

Global Growth Companies With High Insider Ownership Expecting Up To 120% Earnings Growth

In a global market environment where tariff announcements and mixed economic signals are creating uncertainty, growth stocks have shown resilience, particularly as the Nasdaq Composite Index has managed to hold up better than its peers. Amidst these conditions, companies with high insider ownership often attract attention due to the confidence they exhibit in their own potential for earnings growth. Name Insider Ownership Earnings Growth Zhejiang Leapmotor Technology (SEHK:9863) 15.6% 60.6% Shanghai Huace Navigation Technology (SZSE:300627) 24.3% 23.5% Samyang Foods (KOSE:A003230) 11.7% 25.7% Pharma Mar (BME:PHM) 11.8% 44.9% Novoray (SHSE:688300) 23.6% 27.1% Marinomed Biotech (WBAG:MARI) 29.7% 20.2% Laopu Gold (SEHK:6181) 35.5% 42.2% KebNi (OM:KEBNI B) 38.3% 94.5% Fulin Precision (SZSE:300432) 13.6% 43.7% Elliptic Laboratories (OB:ELABS) 24.4% 79% Click here to see the full list of 830 stocks from our Fast Growing Global Companies With High Insider Ownership screener. Let's review some notable picks from our screened stocks. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Zhejiang XCC Group Co., Ltd specializes in the research, development, manufacture, and sale of bearings across various international markets including the United States, Japan, Korea, and Brazil, with a market cap of CN¥12.08 billion. Operations: Zhejiang XCC Group Co., Ltd generates revenue primarily through the research, development, manufacturing, and sale of bearings in international markets such as the United States, Japan, Korea, and Brazil. Insider Ownership: 31.9% Earnings Growth Forecast: 42.8% p.a. Zhejiang XCC Group Ltd. demonstrates significant insider ownership, aligning with its robust growth potential. The company's earnings are forecast to grow substantially at 42.8% annually, outpacing the Chinese market average of 23.4%. Despite recent margin contraction from 4.4% to 2.7%, revenue is expected to increase by 13.3% per year, surpassing the market's growth rate of 12.4%. The recent CNY1 billion private placement supports further expansion initiatives and underscores management's commitment to growth strategies. Take a closer look at Zhejiang XCC GroupLtd's potential here in our earnings growth report. Our valuation report here indicates Zhejiang XCC GroupLtd may be overvalued. Simply Wall St Growth Rating: ★★★★★☆ Overview: Jiangxi Chenguang New Materials Company Limited is a special chemical company that develops, produces, and sells functional silane raw materials, intermediates, and downstream products both in China and internationally, with a market cap of CN¥4.74 billion. Operations: The company generates revenue primarily from its functional silane segment, amounting to CN¥1.12 billion. Insider Ownership: 35.1% Earnings Growth Forecast: 64.6% p.a. Jiangxi Chenguang New Materials shows strong growth potential with earnings forecast to grow significantly at 64.6% annually, outpacing the Chinese market average. Despite a recent net loss of CNY 4.73 million and reduced profit margins, revenue is expected to increase by 23% per year, exceeding market growth rates. However, return on equity is forecasted to remain low at 3.2%, and dividends are not well covered by earnings or free cash flows. Unlock comprehensive insights into our analysis of Jiangxi Chenguang New Materials stock in this growth report. The valuation report we've compiled suggests that Jiangxi Chenguang New Materials' current price could be inflated. Simply Wall St Growth Rating: ★★★★★☆ Overview: Jiangsu Huahong Technology Co., Ltd. operates in the research, development, manufacturing, marketing, and servicing of renewable resource processing equipment both in China and internationally, with a market cap of CN¥6.01 billion. Operations: Jiangsu Huahong Technology's revenue primarily stems from its operations in the research, development, manufacturing, marketing, and servicing of renewable resource processing equipment within China and on an international scale. Insider Ownership: 18.1% Earnings Growth Forecast: 120% p.a. Jiangsu Huahong Technology is positioned for substantial growth, with revenue expected to rise by 22.5% annually, surpassing the Chinese market's average. The company recently reported a return to profitability in Q1 2025 with CNY 31.13 million net income, compared to a loss last year. Despite previous annual losses and declining sales, forecasts indicate it will become profitable within three years, highlighting its potential as a growth-oriented investment opportunity amidst high insider ownership dynamics. Click here and access our complete growth analysis report to understand the dynamics of Jiangsu Huahong Technology. The analysis detailed in our Jiangsu Huahong Technology valuation report hints at an deflated share price compared to its estimated value. Delve into our full catalog of 830 Fast Growing Global Companies With High Insider Ownership here. Interested In Other Possibilities? Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years. Companies discussed in this article include SHSE:603667 SHSE:605399 and SZSE:002645. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data

EU, South Korea seek US trade deals to soften tariff blow
EU, South Korea seek US trade deals to soften tariff blow

Yahoo

time21 minutes ago

  • Yahoo

EU, South Korea seek US trade deals to soften tariff blow

By Philip Blenkinsop and Hyunjoo Jin BRUSSELS/SEOUL (Reuters) -The European Union and South Korea said on Monday they were working on trade deals with U.S. President Donald Trump that would soften the blow from looming tariffs as Washington threatens to impose hefty duties from August 1. Trump stepped up his trade war on Saturday, saying he would impose a 30% tariff on most imports from the EU and Mexico from next month, adding to similar warnings for other countries including Asian economic powerhouses Japan and South Korea. White House Economic Adviser Kevin Hassett said on Sunday that countries' trade deal offers so far have not satisfied Trump and "the tariffs are real" without improvements to their proposals. "The president thinks that deals need to be better," Hassett told ABC's This Week program. "And to basically put a line in the sand, he sent these letters out to folks, and we'll see how it works out." European Trade Commissioner Maros Sefcovic expressed optimism that Washington and the EU were approaching a positive outcome for both sides. He warned, however, that a 30% tariff would practically eliminate trade between the U.S. and the 27-nation bloc, which are currently each other's largest trading partners. "We continue to engage with the U.S. administration and prioritise a negotiated solution by the new deadline of August 1. I cannot imagine walking away without any effort," Sefcovic said ahead a meeting with EU trade ministers in Brussels. German Chancellor Friedrich Merz, meanwhile, issued a stark warning on Sunday regarding the impact of a tariff at that level on the EU's largest economy. "If that were to happen, we would have to postpone large parts of our economic policy efforts, because it would interfere with everything and hit the German export industry to the core," Merz said. The EU has so far held off on retaliatory measures to avoid a spiralling tit-for-tat escalation in the trade war while there remains a chance of negotiating an improved outcome. But Italy's Foreign Minister Antonio Tajani said the EU has already prepared a list of tariffs worth 21 billion euros ($24.5 billion) on U.S. goods if the two sides fail to reach a trade deal. MARKETS' MUTED REACTION Since returning to the White House earlier this year, Trump has sought to use an array of tariffs to boost the U.S. economy, push companies to invest in the United States, and revitalise sectors including manufacturing. His initial "Liberation Day" tariff announcement in April, which set a baseline tariff of 10% on all imports and higher duties on certain products or countries, raised fears of global supply chain disruptions, sending shockwaves through markets. But subsequent U-turns and delays, including a 90-day pause on most duties aimed at allowing time for trade deal negotiations, have left investors largely inured to Trump's chaotic policy roll-outs. Stocks eased moderately on Monday, while the dollar gained little on the euro. The impact on European spirits companies, many of which rely heavily on the U.S. market, was also mixed. Shares in Diageo, whose U.S. business is driven by sales of Canadian whisky and Mexican tequila, rose 1% in early European trade. Rival Pernod Ricard, maker of Jameson Irish whiskey, saw its shares fall 1%, while cognac maker Remy Cointreau dropped 2.4% SCRAMBLE FOR DEALS The looming August 1 deadline has set off a scramble by governments around the world to seal trade agreements. South Korea's top trade envoy said on Monday it may be possible to strike an "in-principle" deal by the deadline and signalled that Seoul may be open to allowing the U.S. greater access to its agriculture markets, local media reported. Minister for Trade Yeo Han-koo, who held high-level talks with U.S. officials last week, said South Korea was seeking to avoid "unfair" U.S. tariffs on sectors key to its industrial prowess that would undermine industrial cooperation with its main security ally and trading partner, media reports said. "I believe it's possible to reach an agreement in principle in the U.S. tariff negotiations, and then take some time to negotiate further," the Newsis news agency quoted Yeo as telling local media reporters. "Twenty days are not enough to come up with a perfect treaty that contains every detail," he added. South Korea is in a race to reach a compromise trade pact in the hope of avoiding a 25% tariff slapped on its exports, the same level faced by Japan. (Additional reporting by Milan Strahm, Cristina Carlevaro, David Lawder, John Revill, Andreas Rinke, Wayne Cole and Emma RumneyWriting by Keith WeirEditing by Joe Bavier) Sign in to access your portfolio

Indian investors flock to silver as returns overtake those from gold
Indian investors flock to silver as returns overtake those from gold

Yahoo

time23 minutes ago

  • Yahoo

Indian investors flock to silver as returns overtake those from gold

By Rajendra Jadhav MUMBAI (Reuters) -Indian investors, traditionally obsessed with stockpiling gold, are increasingly turning to silver, which was trading near a 14-year high on Monday, as its returns this year outpaced those of gold. Imports fill most of the demand in the world's largest consumer of silver, where domestic prices touched a record high of 114,875 rupees ($1,336) a kg as a production shortfall spurred investors' hopes for a further rally. "Gold's done pretty well for me over the last couple of years," said Umesh Agarwal, a regular buyer of gold coins, who recently made his first purchase of a one-kilogram bar of silver. "Now I'm hoping silver follows the same path and gives similar returns." Domestic prices of silver have risen 21% in the past three months, outstripping a rise of 5% in gold, as opposed to the scenario of the past year, when gold prices surged 34%, compared to a rise of 23% in silver. The appetite for silver is driven both by investment and industry needs in areas such as solar energy and electric vehicles, outpacing production, said Chirag Thakkar, chief executive of Amrapali Group Gujarat, a leading silver importer. "Usually, investors cash in when prices hit record highs, offloading coins and bars or pulling out of exchange-traded funds (ETFs)," he added. "However, this time, even at record highs, people are investing, rather than selling." Silver ETFs attracted inflows of a record 20.04 billion rupees in June, up from 8.53 billion in May, data from the Association of Mutual Funds in India showed. In the June quarter, silver ETFs attracted inflows of 39.25 billion rupees, far outpacing the 23.67 billion flowing into gold ETFs. Such ETFs offer investors a convenient way to gain exposure to silver, which is heavy and costly to store and transport, said Vikram Dhawan, head of commodities and fund manager at Nippon India Mutual Fund, which manages metal ETFs. Volatility in equity markets following U.S. President Donald Trump's tariffs has also pushed investors to diversify, said a Mumbai-based bullion dealer with a silver importing bank. Traditionally the choice of budget-conscious rural consumers, silver is increasingly attracting urban buyers as an investment, the dealer added. Indian retail investment demand rose 7% in the first half of 2025 on the year, fuelled by expectations of a price rally, the Silver Institute said this month. Silver imports jumped 431% in May on the year to 544.1 tons, while gold imports fell 25% to 30.5 tons, trade ministry data showed. ($1=85.9780 Indian rupees) Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store