JGBs Consolidate as Investors Weigh Tokyo CPI Data
0013 GMT — JGBs consolidate in the early Tokyo session as investors weigh Japanese economic data released earlier. The data showed consumer inflation in the Tokyo metropolitan area eased in June but remained firmly above the BOJ's 2% target. Also, there may be lingering supply-demand worries, two members of BofA Global Research say in a research report. While Japan's Finance Ministry unveiled super-long JGB issuance reductions, the ministry also opted to boost issuance of sovereign debt with two-year and shorter tenors, the members note. BofA maintains its view that net JGB supply will gradually increase. The 10-year JGB yield is 0.5 bp higher at 1.420%. (ronnie.harui@wsj.com)
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Name Revenue Growth Earnings Growth Growth Rating Suzhou TFC Optical Communication 29.78% 30.32% ★★★★★★ Shengyi Electronics 22.99% 35.16% ★★★★★★ Shanghai Huace Navigation Technology 24.44% 23.48% ★★★★★★ Fositek 28.54% 35.14% ★★★★★★ Range Intelligent Computing Technology Group 27.31% 28.63% ★★★★★★ eWeLLLtd 24.95% 24.40% ★★★★★★ PharmaResearch 24.91% 26.60% ★★★★★★ Global Security Experts 20.56% 28.04% ★★★★★★ CARsgen Therapeutics Holdings 81.05% 87.21% ★★★★★★ JNTC 54.24% 87.93% ★★★★★★ Click here to see the full list of 495 stocks from our Asian High Growth Tech and AI Stocks screener. Underneath we present a selection of stocks filtered out by our screen. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Topsec Technologies Group Inc., along with its subsidiaries, offers safety services and big data products in China, with a market capitalization of CN¥9 billion. Operations: The company generates revenue primarily from its cybersecurity segment, amounting to CN¥2.73 billion. Topsec Technologies Group has demonstrated a notable turnaround, transitioning from a net loss of CNY 371.4 million in the previous year to a net income of CNY 83.01 million in 2024. This shift is underscored by an impressive annualized earnings growth rate of 37.1%, significantly outpacing the broader Chinese market's growth rate of 23.3%. Additionally, the company's commitment to innovation is evident from its strategic focus on employee stock ownership plans and management measures discussed during recent shareholder meetings, reflecting a forward-thinking approach in governance and employee engagement. Despite these positive strides, it's crucial to note that Topsec's revenue dipped slightly year-over-year, signaling potential challenges ahead in sustaining this growth trajectory. Click to explore a detailed breakdown of our findings in Topsec Technologies Group's health report. Assess Topsec Technologies Group's past performance with our detailed historical performance reports. Simply Wall St Growth Rating: ★★★★☆☆ Overview: TRS Information Technology Co., Ltd. offers artificial intelligence, big data, and data security products and services in China, with a market capitalization of CN¥15.95 billion. Operations: TRS Information Technology Co., Ltd. specializes in artificial intelligence, big data, and data security solutions within China. The company's revenue model is driven by its diverse product offerings in these technological domains. TRS Information Technology, amidst a challenging fiscal year, reported a significant downturn with annual revenues slipping to CNY 777.03 million from CNY 781.68 million and transitioning from a net income of CNY 36.47 million to a net loss of CNY 94.15 million in 2024. Despite these setbacks, the company's aggressive focus on R&D with expenditures aligning closely with industry innovation trends may pave the way for recovery and relevance in the high-growth tech sector in Asia. This strategic pivot is further underscored by their recent shareholder meeting focusing on new stock incentive plans aimed at bolstering governance and employee performance, potentially enhancing future operational efficiency and market competitiveness. Click here to discover the nuances of TRS Information Technology with our detailed analytical health report. Gain insights into TRS Information Technology's historical performance by reviewing our past performance report. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Hunan Sundy Science and Technology Co., Ltd provides coal analysis solutions both domestically in China and internationally, with a market cap of CN¥4.42 billion. Operations: Sundy Science and Technology generates revenue primarily from the instrumentation industry, totaling CN¥593.34 million. 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Our Asian High Growth Tech and AI Stocks screener has unearthed 492 more companies for you to here to unveil our expertly curated list of 495 Asian High Growth Tech and AI Stocks. Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly. Take control of your financial future using Simply Wall St, offering free, in-depth knowledge of international markets to every investor. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. 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 mentioned. Companies discussed in this article include SZSE:002212 SZSE:300229 and SZSE:300515. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
