Guotai Junan maintains the investment rating and target price of 5 yuan bought by 00515-HK, which is equivalent to 19.9 times 11-year earnings and 12.2 times 12-year earnings.
Guotai Junan said the company's LED orders would increase in 11-12, and the bank raised its 12-year profit forecast to 5.7 per cent. The bank believes that with the development of the company's LED business, the company's fundamentals will be further improved.
Daijin Jingdian fell 2.16% yesterday to close at 3.17 yuan.