J.P. Morgan lowered the target price of Cloud Gaming Holdings (0484.HK) from HK$70 to HK$58, but reiterated its rating of increasing holdings. It believes that its online gaming business can maintain growth and continue to seize development opportunities in the mainland online game market, but the current price already reflects its short-term profit performance as a leading online game developer, and future stock price dynamics will depend on the development of mobile games and the global market.
摩通降云游(0484.HK) 目标价至58港元
The target price of Motong Cloud Falling Cloud Tour (0484.HK) reaches HK$58
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