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CLSA Upgrades CHINA LIT (00772.HK) to Outperform, Raises TP to $34
2025-06-30 11:03:04
CHINA LIT (00772.HK)'s IP business momentum significantly improved, CLSA released a research report saying. With enhancements in product design and quality control, the Company's IP merchandise business is gradually taking shape, with the number of SKUs launched surging over 2x YoY.

CLSA raised its 2025/ 2026 profit forecasts for CHINA LIT by 4%, and upgraded rating from Hold to Outperform. The broker also raised its target price from $28.5 to $34 to reflect improved market sentiment and the potential for revenue and profit growth in non-NCM IP business.
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AASTOCKS Financial News
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