UOB Kay Hian noted that China's equity market experienced a pullback in May due to a lack of new catalysts, with expectations that it may continue to decline in June alongside US equities. They see this as a good opportunity to buy stocks with stronger revenue growth projected for the second half of 2026.
UBS
UBS
maintain
$48
2026-05-27
Reason
UBS
UBS
Price Target
$48
2026-05-27
maintain
Reason
UBS maintains a Buy rating for MINTH GROUP due to expected revenue growth of over 20% in its battery housing business for FY2026, which is a key growth driver. Despite potential pressure on gross margins from rising raw material prices, the firm has slightly raised its earnings forecasts for 2026 to 2028 and increased the target price from HKD42.6 to HKD48, reflecting positive developments in the robotics and liquid cooling sectors.
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