BofA Securities: Lowered the target price of China Create Real Estate (00669.HK) to HKD 103, Maintained a "Buy" rating.

According to the Securities Times APP, Bank of America Securities released a research report stating that China Kepei International (00669.HK) had its first half of the year business on track in terms of revenue and profitability, but visibility is lower in the second half of the year due to tariff impacts. Next year may see a return to normalcy, as the U.S. market will no longer import manufactured products from China, resulting in a reduction of China Kepei's target price from 125 Hong Kong dollars to 103 Hong Kong dollars. Considering the uncertainty of tariffs, the bank believes that the target price should be based on a lower valuation multiple. Given the company's strong balance sheet, growth in Milwaukee, and leadership position, the bank maintains a "buy" rating on the stock.