Shenwan Hongyuan: Upgraded Gogo Express-W (01519.HK) rating to "buy" with strong growth momentum in markets like the Middle East and Latin America.

According to the Zhitong Finance APP, Shenwan Hongyuan has released a research report, upgrading the rating of Best Express-W (01519.HK) from "Hold" to "Buy". The bank predicts that the company's adjusted net profit for the years 2026-2028 will be 702 million/906 million/1.05 billion US dollars, with year-on-year growth of 76.18%/29.08%/15.86% respectively. Using the method of valuation by division, the company's estimated value in 2026 is 18.149 billion US dollars, equivalent to 142.3 billion Hong Kong dollars, representing a 60% upside potential from the current market value.