CMB International Securities: First Granting Primevera Technology (02476.HK) "Buy" Rating, Target Price HKD 600

Caijing APP learned that JPMorgan Chase released a research report stating that they have given Sheng Hong Technology (02476.HK) a "buy" investment rating for the first time, with a target price of 600 Hong Kong dollars by June of next year. JP Morgan is optimistic about the growth of global PCB (especially high-end PCB) demand, mainly due to strong artificial intelligence (AI) demand and significant growth in content value, as well as specification upgrades for high-performance computing.