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22197 JP-JMJ @EC2503A (CALL)
RT Nominal down0.032 -0.003 (-8.571%)

23/07/2024 15:08

{I-bank focus}Nomura lowers Jiumaojiu (09922) to HKD3.2

[ET Net News Agency, 23 July 2024] Nomura lowered the target price for Jiumaojiu (09922)
to HKD3.2 from HKD8.7 and downgraded the rating to "neutral" from "buy".
The research house said an upside risk is higher-than-expected ASP due to improved
products, while a downside risk is slower-than-expected recovery pace. (rc)

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