CICC: Raises Heart Corporation (02400.HK) target price to 55.5 Hong Kong dollars, rating "outperforming the industry"

According to the Wise Wealth APP, CICC released a research report stating that it had raised its target price for XD Inc. (02400.HK) by 51% to 55.5 Hong Kong dollars with an investment rating of "outperform industry". CICC stated that considering the strong performance of "Isa" and "Ragnarok: Guardians of Eternal Love" overseas, it raised its 2025/26 net profit forecast by 21% to 992/1.075 billion yuan, corresponding to a P/E ratio of 19/17 times for 2025/26.