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Also Holding AG shares surge after UBS initiates buy rating

Also Holding AG shares surged over 7% after UBS Global Research initiated coverage with a "buy" rating, highlighting the company's position as the second-largest European IT distributor. The recent acquisition of Westcoast is expected to significantly boost sales and revenue growth, with projections of a 46% increase in FY25 driven by this consolidation and a favorable PC refresh cycle. UBS has set a price target of CHF 320 for the stock, anticipating continued margin improvements and cost optimization opportunities.

marketing and e-commerce trends shaping consumer behavior in hong kong

The MarketingPulse and eTailingPulse conferences, held by the Hong Kong Trade Development Council, attracted over 1,600 industry professionals from 22 countries, focusing on evolving marketing and e-commerce trends. Key discussions included the role of data and AI, the ASEAN market potential, and strategies targeting Gen Z consumers in Mainland China. The event featured insights from 80 international leaders and facilitated over 160 business matching meetings, enhancing networking opportunities within the industry.
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