UBS: CRRC Times Electric (03898.HK) Q3 revenue and net profit broadly in line with expectations; target price HK$50.4

Zhitong Finance APP has learned that UBS released a research report stating that Zhuzhou CRRC Times Electric (03898.HK)'s third-quarter revenue and net profit were broadly in line with expectations, and it maintained a "Buy" rating and a target price of HK$50.4. The bank expects a neutral market reaction.