[ET Net News Agency, 25 October 2021] UBS initiates coverage of Akeso (09926) with a
target price of HK$64.8 and a "buy" rating.
The research house said it expects Akeso's risk-adjusted peak sales to reach RMB13.1bn
and believes its risk-adjusted price/peak sales (P/PS) of 2.5x has not fully priced in its
asset value and strong in-house R&D capability. (RC)