On July 10, Anker Innovations rose 3.78% in regular trading, trading at HK$105.0/share with turnover of HK$955,100, rebounding after multiple consecutive days of pullback since its Hong Kong listing on July 2.
On the news front, Jefferies recently initiated coverage on Anker Innovations H-shares with a Buy rating and a target price of HK$145, implying approximately 38% upside from the current price. Additionally, Kaiyuan Securities, Soochow Securities, and Macquarie have also assigned Buy or Outperform ratings, with analysts projecting sustained growth in net profit attributable to shareholders over the next three years.
Since its listing day, international long-term funds have been building positions — Schroders added over 10.82 million shares, Principal Global acquired 3.46 million shares, and Baillie Gifford added 617,200 shares — providing support for share price stabilization. The stock had previously retreated over 12% from its first-day high of HK$114.9, pressured by a global recall of 2.27 million power banks and an 82.5% year-over-year decline in operating cash flow.
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