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| HSI1 | 19,720.70 | -31.81 | 178.46B |
| HSCEI1 | 7,143.88 | -8.25 | 87.21B |
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2024-12-19 14:43:40 SUNNY OPTICAL (02382.HK) rallied after midday, with the latest price reported at $70.8, up 4.5%. BOCI said in a report that SUNNY OPTICAL was expected to benefit from a revived smartphone camera upgrade cycle led by domestic OEMs, the increase in market share of US customers, and the intensifying competition in the domestic NOA (Navigate on Autopilot) market. Paying attention to XR, the broker believed that starting from mid-2025, when investors see more AR glasses rushing into the market, it may become a key driver of re-rating. The broker decided to raise SUNNY OPTICAL's EPS forecast for 2024-26 by 4-6%, lift the target price from $69 to $77, and maintain the Buy rating. Observing the recent participation in roadshows, the broker noticed that investors were generally concerned about domestic fiscal stimulus in the field of consumer electronics, camera upgrades, and growth in US customer share, including BYD COMPANY (01211.HK) accelerating autonomous driving by upgrading automotive cameras, especially XR. SUNNY OPTICAL's AR artificial glasses development company was projected to be on the path to recovery. ~ AAStocks Financial News Web Site: www.aastocks.com | |