(09880.HK)115 CICC International: Upgrades Yuexiu Property (09880.HK) target price to 115 Hong Kong dollars, maintains "outperform" rating.

According to the Wise News APP, CICC released a research report stating that Ubiquitous (09880.HK) recently conducted its fifth rights issue since its listing in 2023. With the increase in the number of shares and higher revenue forecasts, the bank has raised the group's target price by 15%, from HK$100 to HK$115, while maintaining an "outperform" rating.