KC.US shares rose on Thursday, rising 13% to $44.43 as of 2249 Beijing time, Zhitong Financial APP learned. The company had previously received higher target prices from Goldman Sachs, Nomura and Lyon, with the latest target prices of $65, $66 and $66, respectively.
In the fourth quarter of 2020, 17 well-known investment banks, including Goldman Sachs, JPMorgan Chase, UBS, Credit Suisse and Citigroup, all gave Jinshanyun a "buy" rating, and Jinshan Yun was selected successively in the MSCI China and FTSE Russell large-cap (FTSE Russell GEIS-Large Cap) indices this quarter.