[ET Net News Agency, 6 August 2021] Credit Suisse downgraded the rating of Fuyao Glass
(03606) to "underperform" from "neutral" and maintained its target price at HK$45.
The research house said Fuyao-H share price increased 31% in the past three months due
to investors' expectation on fast price increase. This is due to rising penetration of
high-price new glass products such as panoramic glass roof, switchable glass, intelligent
display glass, HUD glass, etc. (RC)