[ET Net News Agency, 23 December 2024] CCB International lowered the target price for
Shenzhou Intl (02313) to HKD83 from HKD107 and maintained the "outperform" rating.
The research house said it looks for 8% revenue growth at Shenzhou in 2H24F driven by an
order recovery at Puma and double-digit order growth at Adidas, Lululemon, and domestic
sportswear brands. (rc)