Key Focus

1. The Swiss sportswear brand $On Holding(ONON.US)$ once again soared by nearly 13% on the second day of its financial report. After its performance, it has been upgraded by a number of major banks and its target price. Credit Suisse maintains its outperform rating on the stock. And raised the target price from $38 to $49.

2. "Meta Universe's first share" $Roblox(RBLX.US)$ closed up 7.3%, and the stock price reached a record high. The company announced on Monday that it will invest 10 million US dollars in the development of educational games. The US dollar was raised to US$150 and the rating of “overweight” was maintained.

3. The luxury car manufacturer $Ferrari(RACE.US)$ rose more than 3%. Morgan Stanley issued a research report saying it was optimistic about the company’s electric vehicle prospects and reiterated that the stock is its first choice in the electric vehicle field. Morgan Stanley raised the company's target price from US$265 to US$350, and maintained an "overweight" rating. Analyst Adam Jonas said: "We think it is possible for Ferrari to launch a series of electric car products at a price higher than the current average selling price of Ferrari, while using economies of scale to increase sales."