TC

30/07/2021 17:24

{I-bank focus}CS raises Dongyue Group (00189) to HK$17.5

[ET Net News Agency, 30 July 2021] Credit Suisse raised its target price for Dongyue
Group (00189) to HK$17.5 from HK$6.9 and maintained its "outperform" rating.
The research house said it believes Dongyue is one of the "hidden gems" in the NEV
supply chain, and the recent spike in PVDF prices (up 75% vs 1H21 levels) has drawn
investors' attention to this niche market. (RC)

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