Hong Kong Stocks in Focus | MINTH GROUP (00425) Surge Nearly 10% After JPMorgan Says New Market Entry Will Drive Valuation Reassessment

Stock News
10/27

According to reports, MINTH GROUP (00425) surged nearly 10% in the afternoon session, currently up 9.81% at HKD 34.94, with a trading volume of HKD 285 million. JPMorgan released a research report indicating that MINTH GROUP has expanded into several emerging sectors, launching products that have a high synergy with its existing automotive business, including AI liquid cooling systems, humanoid robots, and electric vertical take-off and landing vehicles. The upcoming inspection of the AI liquid cooling and robotics production line is expected to act as a short-term catalyst for the stock price. The bank raised the target price for MINTH GROUP from HKD 40 to HKD 70, the highest in the market, maintaining an "Overweight" rating, and identifying it as a top pick in the mainland automotive parts industry, placing it on the watch list for positive catalysts. JPMorgan believes the stock is currently undervalued and anticipates that the Company’s entry into new markets will drive a reassessment of its valuation.

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