Goldman Sachs: China Zhuzhou Group (01766.HK) and Times Electric (03898.HK) performance exceeds expectations, raising target price.

According to the Securities Times app, Goldman Sachs released a research report stating that the first half performance of CRRC (01766.HK) and CRRC Times Electric (03898) generally met expectations, showing a stable but mixed situation in both the railway and emerging business sectors. The bank raised the target price of CRRC H shares from 6.2 Hong Kong dollars to 6.8 Hong Kong dollars, and also raised the target price of CRRC Times Electric H shares from 35.3 Hong Kong dollars to 37 Hong Kong dollars, while maintaining a "buy" rating for both H shares.