Yamato: Juanshan Technology Industry (00669.HK) target price raised to HK$120 reiterates "buy" rating

According to the Wisdom Financial APP, Daiwa released a research report stating that it has lowered the earnings forecast for Creat Group Corporation (00669.HK) by 10% to 13% for the years 2025 to 2027 to reflect the profit pressure brought by tariffs. They have also lowered the valuation basis to an average price-earnings ratio of 22 times for 2025/26 (originally forecasted to be 25 times this year) to reflect short-term tariff risks. The target price has accordingly been lowered from HK$145 to HK$120, and the "buy" rating has been reiterated.