The Zhitong Finance App learned that CICC released a research report stating that it will keep Chaoyun Group's (06601.HK) profit forecast unchanged, and that the current stock price corresponds to 14/13 times P/E for 2025/26. The outperforming industry rating and target price of HK$3.65 remain unchanged, corresponding to 20/19 times P/E in 2025/26, corresponding to 46% upward space. The company announced 1H25 results, with revenue of 1.34 billion yuan, an increase of 7.2%, and net profit to mother of 170 million yuan, a decrease of 3.3%, in line with the bank's expectations. The company announced an interim dividend of RMB 0.0521 per share (i.e. HK$0.0571 per share), with a dividend ratio of 40%, and strong shareholder returns.

Zhitongcaijing · 09/03/2025 02:33
The Zhitong Finance App learned that CICC released a research report stating that it will keep Chaoyun Group's (06601.HK) profit forecast unchanged, and that the current stock price corresponds to 14/13 times P/E for 2025/26. The outperforming industry rating and target price of HK$3.65 remain unchanged, corresponding to 20/19 times P/E in 2025/26, corresponding to 46% upward space. The company announced 1H25 results, with revenue of 1.34 billion yuan, an increase of 7.2%, and net profit to mother of 170 million yuan, a decrease of 3.3%, in line with the bank's expectations. The company announced an interim dividend of RMB 0.0521 per share (i.e. HK$0.0571 per share), with a dividend ratio of 40%, and strong shareholder returns.