Gelonghui, July 15 丨 Johnson Electric Holdings (0179.HK) received an influx of capital after releasing operating data. It has now surged more than 13% to HK$16.5. The stock price hit a new high since March this year, with a total market capitalization of HK$14.9 billion. The Group announced that as of the end of June, the first-quarter turnover was 517 million yuan, a year-on-year decrease of 32.59%. Excluding exchange rate changes, turnover fell 31% to $527 million. During the period, changes in foreign currency exchange rates had a negative impact on turnover, a decrease of 10 million US dollars, mainly due to the weakening impact of RMB and the euro against the US dollar compared to the average exchange rate for the same period last year. After releasing the operating data, Credit Suisse published a report. Credit Suisse said that Johnson's data was in line with expectations and would benefit from Asian revenue performance in the future, so it raised the target price from HK$13 to HK$16, and rated it as “outperforming the market.” Nomura also pointed out that Dechang's worst case is over, and the target price has risen from HK$15.8 to HK$19, and the rating is “buy.”