Dasee (01405) is now up more than 5%. As of the time of publication, it has increased by 4.89%, reaching HKD 66.45, with a turnover of HKD 11.6511 million.
According to the Zhitong Finance APP, Dasee (01405) is now up more than 5%. As of the time of publication, it has increased by 4.89%, reaching HKD 66.45, with a turnover of HKD 11.6511 million.
On the news front, on August 16th, the Hang Seng Composite SmallCap Index announced its latest quarterly inspection results, with Dasee (01405) being included. The changes will be implemented after the market closes on September 6th and will take effect from September 9th. CICC pointed out that Dasee has the possibility of being included in the Hong Kong Stock Connect due to its compliance with a series of criteria including market cap, liquidity, and listing time.
Tianfeng Securities believes that as a leader in the pizza industry, the company has strong growth potential and is expected to continue to expand its stores in the Chinese market. They are bullish on the company's future store expansion and cost reduction efforts, as well as the improvement of profitability under the dilution of overhead costs. Considering the company is in the golden period of rapid store expansion and positive same-store sales growth, and with expectations of gradual improvement in profit margin, the target price is HKD 72, and they have given it a "shareholding" rating for the first time coverage.