Earnings per share for the year came in at RMB13.84, up from RMB 10.32 in 2023 and exceeding an estimated RMB13.14.
A Morgan Stanley strategist said measured Federal Reserve rate cuts could extend the optimism phase while more aggressive easing could tip sentiment to euphoric.
The Duckhorn Portfolio hit its 35th 52-week low of the past 12 months on Tuesday. The winemaker’s shares are down 36% in 2024 and 49% over the past year. While it looks like a value play, the entire...