Lyon: Haitong Securities group raised the target price to HK$95, rated as outperforming the market.

Lyon released a research report stating that Midea Group's overseas sales may receive a pleasant surprise from OEM orders. It uses a historical average price-earnings ratio of 12.5 times and raises the target price of H shares from 90 Hong Kong dollars to 95 Hong Kong dollars, with a rating of outperforming the market.