[ET Net News Agency, 10 May 2018] Morgan Stanley expects both Sunny Optical's (02382)
camera modules (CCM) and handset lenses to deliver strong YoY growth in 2Q 2018, as 2Q
2017 was a low base, and the research house's checks suggest sell-through momentum for
Chinese OEMs has been sustained thus far.
Morgan said it has not learned of any major order changes, and hence it expects the
momentum to continue to the end of 2Q.
It maintained its "overweight" rating on Sunny, with a target price of HK$165. (KL)