GO
| HSI1 | 25,892.02 | -60.38 | 167.12B |
| HSCEI1 | 9,149.62 | -23.59 | 53.53B |
| Back Zoom + Zoom - Block Traded | |
|
2025-11-04 11:31:45 After UBS had earlier visited FUYAO GLASS (03606.HK) management and updated its model and forecast, it predicted the company's automotive glass revenue in mainland China and overseas will advance 17% and 19% YoY in 2026, in light of deepening partnerships with traditional domestic OEMs such as GEELY AUTO (00175.HK) and CHERY AUTO (09973.HK); the launch of new capacities in Fuqing and Hefei; accelerated delivery of overseas orders and new production capacity in the US; penetration of high-value-added automotive glass into economy segment cars in mainland China; and introduction of automotive glass with high content value in both the US and Europe. UBS raised its earnings forecast for the company in 2025-27 by 1-4%, with the target price lifted from HKD95 to HKD96, with rating Buy. ~ AASTOCKS Financial News Website: www.aastocks.com | |