JPM Begins Coverage of JST GROUP with Overweight Rating and Target Price of HKD 37
JPMorgan's Coverage Initiation: JPMorgan has started coverage on JST GROUP (06687.HK) with an Overweight rating and a target price of HKD37.
Valuation and Industry Position: The broker highlighted JST GROUP's attractive valuation and named it one of its top picks in the industry.
Growth in E-commerce: JST GROUP is noted for its ability to grow faster than most software peers in China's fragmented e-commerce market.
Profitability: The company is maintaining strong profitability while expanding within its vertical.
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JPM Begins Coverage of JST GROUP with Overweight Rating and Target Price of HKD 37
JPMorgan's Coverage Initiation: JPMorgan has started coverage on JST GROUP (06687.HK) with an Overweight rating and a target price of HKD37.
Valuation and Industry Position: The broker highlighted JST GROUP's attractive valuation and named it one of its top picks in the industry.
Growth in E-commerce: JST GROUP is noted for its ability to grow faster than most software peers in China's fragmented e-commerce market.
Profitability: The company is maintaining strong profitability while expanding within its vertical.
JST GROUP (06687.HK) Sees 23.9% Increase, Closing at $37.9
Stock Performance: JST GROUP (06687.HK) debuted at $38, a 24.2% increase from its listing price of $30.6, closing at $37.9, up 23.9%.
Trading Volume: The stock saw a trading volume of 37.49 million shares and a turnover of $1.44 billion, with a book gain of $730 per board lot of 100 shares.
JST GROUP (06687.HK) Sees 24.1% Increase, Reaching $37.96 by Midday
JST GROUP Debut Performance: JST GROUP (06687.HK) debuted today, opening at $38, which is a 24.2% increase from its listing price of $30.6.
Stock Trading Details: The stock reached a peak of $39.32 and a low of $35.1, closing midday at $37.96 with a trading volume of 28.29 million shares and a turnover of $1.08 billion.
JST GROUP (06687.HK) Surges 24.2% to $38 in Initial Public Offering Debut
JST Group Debut: JST Group (06687.HK) opened at $38, marking a 24.2% increase from its listing price of $30.6, with 13.65 million shares traded at market open.
Market Performance: The stock experienced a significant rise of 6.960 (+22.745%) during its debut.
Market Delay Notice: It is noted that HK stocks quotes are delayed for at least 15 minutes.
Related Market News: CICC reports that US-China tariff tensions are escalating again, but the impact on A-shares is expected to be milder than earlier in the year.
JPM Begins Coverage of JST GROUP with Overweight Rating and Target Price of HKD 37
JPMorgan's Coverage Initiation: JPMorgan has started coverage on JST GROUP (06687.HK) with an Overweight rating and a target price of HKD37.
Valuation and Industry Position: The broker highlighted JST GROUP's attractive valuation and named it one of its top picks in the industry.
Growth in E-commerce: JST GROUP is noted for its ability to grow faster than most software peers in China's fragmented e-commerce market.
Profitability: The company is maintaining strong profitability while expanding within its vertical.
JST GROUP (06687.HK) Sees 23.9% Increase, Closing at $37.9
Stock Performance: JST GROUP (06687.HK) debuted at $38, a 24.2% increase from its listing price of $30.6, closing at $37.9, up 23.9%.
Trading Volume: The stock saw a trading volume of 37.49 million shares and a turnover of $1.44 billion, with a book gain of $730 per board lot of 100 shares.
JST GROUP (06687.HK) Sees 24.1% Increase, Reaching $37.96 by Midday
JST GROUP Debut Performance: JST GROUP (06687.HK) debuted today, opening at $38, which is a 24.2% increase from its listing price of $30.6.
Stock Trading Details: The stock reached a peak of $39.32 and a low of $35.1, closing midday at $37.96 with a trading volume of 28.29 million shares and a turnover of $1.08 billion.
JST GROUP (06687.HK) Surges 24.2% to $38 in Initial Public Offering Debut
JST Group Debut: JST Group (06687.HK) opened at $38, marking a 24.2% increase from its listing price of $30.6, with 13.65 million shares traded at market open.
Market Performance: The stock experienced a significant rise of 6.960 (+22.745%) during its debut.
Market Delay Notice: It is noted that HK stocks quotes are delayed for at least 15 minutes.
Related Market News: CICC reports that US-China tariff tensions are escalating again, but the impact on A-shares is expected to be milder than earlier in the year.
