JPMorgan Chase & Co.: Slightly raised target price of Bossini to 6.2 Hong Kong dollars, increased profit forecast for fiscal years 2025 to 2027.

J.P. Morgan released a research report stating that Bosideng's retail sales doubled year-on-year to 1 billion yuan by the end of March in the last fiscal year, and launched a new spring/summer collection including sun protection clothing and new outdoor product categories. The bank stated that Bosideng has upgraded its sun protection clothing and added new outdoor product categories with detailed quantitative indicators, expecting its sales to remain strong. The bank expects the group's sales of the spring/summer collection in the fiscal year 2026 to show steady growth, raising its earnings forecast for the fiscal years 2025-2027 by about 1%, increasing its target price slightly from HK$6.1 to HK$6.2, and maintaining a "hold" rating.