Time Angel (06699.HK) opened high today by 1.85%, with the highest price at 62.25 yuan. The half-day closing price was 61.15 yuan, up 7.75%, with a turnover of 343,900 shares and a capital involved of 20,940,800 yuan.

Goldman Sachs issued a research report raising the investment rating of Time Angel to "buy", with a target price slightly reduced from 88 yuan to 87.8 yuan. Goldman Sachs is bullish on the long-term growth potential brought by Time Angel's acceleration of international market promotion, as well as its leading position in the domestic industry, comprehensive product supply, relationship with dentists, and brand image. It is also positive about Time Angel's business layout and continuous efforts to expand into the children and youth market in lower-tier cities in China, predicting that its market share will increase from 6% in 2023 to 10% in 2027, driving the average annual composite growth rate of profit from 2024 to 2027 to reach 81%.