Dahua Jixian released a research report stating to maintain a 'buy' rating for ke holdings (02423), with the target price raised from 67 Hong Kong dollars to 70 Hong Kong dollars. The company guided that fourth-quarter revenue is expected to increase by 39% to 44% year-on-year, reaching 28 billion to 29 billion RMB, 15% higher than the market estimate.

The report mentioned that the company's profits in the third quarter exceeded expectations. The revenue increased by 27% year-on-year to 22.3 billion RMB, meeting market expectations but lower than the previous estimate of 32% growth. Non-GAAP net income decreased by 17% year-on-year to 1.8 billion RMB, 6% higher than market expectations. Non-GAAP net profit margin decreased by 4 percentage points year-on-year to 7.9%.