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23782 MBFUYAO@EC2503A (CALL)
RT Nominal unchange0.010 0.000 (0.000%)

26/09/2024 15:30

{I-bank focus}BOCI raises Fuyao Glass (03606) to HKD68

[ET Net News Agency, 26 September 2024] BOCI raised the target price for Fuyao Glass
(03606) to HKD68 from HKD58 and maintained the "buy" rating.
The research house said it expects Fuyao's total revenue to sustain QoQ growth to above
RMB10bn in 3Q24, driven by seasonal demand recovery in domestic market as well as robust
overseas contribution. (rc)

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