Guoyuan International: Maintains a "buy" rating on Shenzhou International Group (02313.HK) with a target price raised to 91.9 Hong Kong dollars.

Wisdom Financial APP learned that Guoyuan International has released a research report stating that it maintains a "buy" rating on Shenzhou International (02313.HK) and raises the target price to 91.9 Hong Kong dollars. The bank believes that the main factors suppressing the company's valuation in the past include: (1) uncertainty in the supply chain under the background of tariffs (2) weakness in major customers. However, the bank believes that these influencing factors are diminishing, tariffs are gradually becoming clear, and the company's "dual circulation" strategy is successful. The company benefits from the transfer of the supply chain and is expected to increase its market penetration. Therefore, the bank believes that there is room for the current valuation of the company to recover.