HSBC: We raise the target price of Weisheng Chuangke Industry (00669.HK) to HKD 136, expecting its performance to be resilient.

According to the Wise Wealth APP, JP Morgan released a research report stating that the model of updating China Kepei Industry (00669.HK) resulted in a slight profit adjustment, and a slight increase in the target price by 0.7% from 135 Hong Kong dollars to 136 Hong Kong dollars. It maintains a "buy" rating and believes that the group has the ability to utilize growth pathways to create sustained value for shareholders. The report indicates that despite the rapid changes in US rate cut expectations and weak short-term consumer data under various macro uncertainties, Morgan Stanley believes that China Kepei Industry has multiple positive driving factors to support its positive outlook.