[ET Net News Agency, 29 March 2022] HSBC lowered its target price for Sunny Optical
(02382) to HK$222.1 from HK$242.2 and maintained its "buy" rating.
The research house said it now projects that auto- and VR-related revenue will grow 84%
in 2022e and 50% in 2023e, to RMB7.9bn and RMB11.9bn, respectively. (RC)