The Zhitong Finance App learned that J.P. Morgan Chase released a research report saying that Johnson Electric Holdings (00179.HK) issued a profit warning for the first half of the fiscal year ending the end of September, and net profit for the expected period fell 56% to 62% year on year; the bank lowered the company's target price from HK$21 to HK$18, maintaining a “neutral” rating.

The Zhitong Finance App learned that J.P. Morgan Chase released a research report saying that Johnson Electric Holdings (00179.HK) issued a profit warning for the first half of the fiscal year ending the end of September, and net profit for the expected period fell 56% to 62% year on year; the bank lowered the company's target price from HK$21 to HK$18, maintaining a “neutral” rating.