Trade Around the Clock: SEC Approves the 24X National Exchange
Morgan Stanley: maintains meitu 'shareholding' rating with a target price of 4.5 HKD.
Morgan Stanley released a research report stating that the target price of Meitu (01357) is 4.5 Hong Kong dollars, maintaining a "shareholding" rating. Meitu Investor Day showcased its three generative AI-driven products: Meitu Design Studio (DesignKit), Action, and MOKI. The bank expects that Meitu Design Studio, the flagship product in 2024, will contribute approximately 0.2 billion RMB in domestic revenue, double that of 2023. Management believes this is a highlight moment in the year and a half since the product was launched. The gross margin of this product is 60%-70%, with demand exceeding expectations. Investors are currently very focused on Meitu's overseas expansion.
Daiwa: Maintains fuyao glass 'in sync with the market' rating, target price raised to 45 Hong Kong dollars.
Morgan Stanley published a research report stating that due to Fuyao Glass (03606) increasing its market share faster than expected and adopting value-added products, it has raised its net income forecasts for 2024-2026 by 3%-12% to reflect stronger revenue growth and margin expansion. Morgan Stanley has adjusted Fuyao Glass's target price up by 13%, from 40 Hong Kong dollars to 45 Hong Kong dollars. The rating remains "in line with the market".
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Living Stone : thank you
104437220 :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
104799076 : JOHNNY
Leroy Collyear : How how does this benefit us common folk?
103964377 : Gold price
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