[ET Net News Agency, 13 June 2024] J.P. Morgan initiates coverage of Lianlian (02598)
with a target price of HKD12 and an "overweight" rating.
The research house said it forecasts the company to deliver a 22% revenue CAGR during
2023-25E, making it one of the vertical players in the China Fintech space with a solid
structural growth story. (rc)