Dongfang Securities: Gives Huiliang Technology (01860.HK) a "buy" rating with a target price of HK$24.63.

According to the Wisdom Financial APP, Oriental Securities has released a research report stating that it is expected that the revenue of Huiliang Technology (01860.HK) will be 20.6/26.7/37.3 billion US dollars in the years 2025-2027, with adjusted net profit attributable to shareholders of 0.88/1.31/2.19 billion US dollars. Based on the average valuation of comparable companies, the company is given a 38x PE valuation for 2026, corresponding to a market value of 4.98 billion US dollars, which is equivalent to 38.76 billion Hong Kong dollars at an exchange rate of 7.78 HKD/USD. The target price is set at 24.63 HKD/share, with a "buy" rating.