First Shanghai Securities Initiates Huitongda Network With Buy Rating and HK$23.38 Price Target

Reuters

10/20

<a href="https://laohu8.com/S/00227">First Shanghai</a> 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.

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Ltd. <a href=\"https://laohu8.com/S/09878\">$(09878)$</a> 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.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"09878","symbol_name":"匯通達網絡","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251020:nNDL3NwqLz:1","article_id":"2576886095","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2576886095","pubTimestamp":1760929249,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"First Shanghai Securities  has initiated coverage on Huitongda Network Co. 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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.\n      \n\nDisclaimer: 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. 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