[ET Net News Agency, 16 December 2024] Daiwa raised the target price for Yadea (01585)
to HKD16 from HKD10 and upgraded the rating to "buy" from "hold".
The research house said it raises 2024-26E revenue on a positive outlook for replacement
demand and revises up 2024-26E GPM by 1% due to a likely increase in self-supply of key
components. (rc)