First Shanghai Securities Initiates Huitongda Network With Buy Rating and HK$23.38 Price Target
First Shanghai Securities (Hong Kong) has initiated coverage on Huitongda Network Co. Ltd. $(09878)$ with a "Buy" rating and set a target price of HK$23.38, representing a potential 50.8% upside from the prior closing price. The report highlights Huitongda's strong position in China's lower-tier markets, its strategic partnership with Alibaba Cloud for AI-driven digitalization, and its dual focus on smart supply chain and AI+SaaS solutions. The firm believes Huitongda has reached an inflection point in business performance in the first half of 2025 and is well-positioned for accelerated, high-quality growth supported by national policy trends, technological empowerment, and strategic capital market initiatives.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Huitongda Network Co. Ltd. published the original content used to generate this news brief via EQS News, a service of EQS Group AG (Ref. ID: corporate_2215224_en), on October 20, 2025, and is solely responsible for the information contained therein.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。