CICC International Securities Research Department has listed the latest investment ratings and target prices for the top ten focus stocks for 2025, as follows:

Stock | Investment Rating | Target Price (HKD)

Tencent (00700.HK) | Outperform the market | 557 HKD

Meituan-W (03690.HK) | Outperform the market | 200 HKD

JD.com-SW (09618.HK) | Outperform the market | 212.3 HKD

AAC Tech (02018.HK) | Outperform the market | 40 HKD

Xiaomi Group-W (01810.HK) | Outperform the market | 33 HKD

China Pacific Insurance (02601.HK) | Outperform the market | 30 HKD

Geely automobiles (00175.HK) | Outperform the market | 19.2 yuan

China Shenhua Energy (01088.HK) | Outperform the market | 37.3 yuan

Zoomlion (01157.HK) | Outperform the market | 6.9 yuan

Akeso (09926.HK) | Outperform the market | 86 yuan