Gelonghui, December 2, 丨 Lijin Technology (0558.HK) fell 4.6% to HK$7.51, with a total market capitalization of HK$10.34 billion. According to the Daiwa Research Report, since the machine delivery performance of all businesses fell short of expectations, the net profit forecast for 2023-25 was lowered by 24% to 44%, and its target price was reduced from HK$23 to HK$8.6, and the rating was lowered from “buy” to “outperform the market.” According to the Bank of America Securities Research Report, the company's earnings per share for the 2023-2025 fiscal year were lowered by 21%, 22% and 24%, and its target price was lowered from HK$21 to HK$17, reaffirming its rating as “buy.”
港股异动 | 力劲科技跌4.6% 多家投行下调对公司目标价
Changes in Hong Kong stocks | Lijin Technology fell 4.6%, and many investment banks lowered their target prices for the company
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