ILUVATAR COREX Surges Over 9% in Morning Session Following Initiation of Coverage with "Outperform" Rating by Haitong International

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ILUVATAR COREX (9903.HK) saw its stock price surge by 9.64% in the morning trading session, currently trading at HK$487 with a turnover of HK$635.8 million.

Haitong International initiated coverage on ILUVATAR COREX with an "Outperform" rating and set a target price of HK$596.7. The firm noted that ILUVATAR COREX is a pioneer in China's dual-line GPU sector, with its DeepSpark ecosystem demonstrating strong core competitiveness. The current stock price is seen as trading at a significant discount relative to its potential valuation.

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