Yamato recently initiated coverage of Grandao Precision Technology (03200.HK) with a "buy" rating and a target price of 207 Hong Kong dollars.

date
10/06/2026
According to the Wisdom Financial APP, Nomura has released a research report stating that it has initiated coverage on Dazhong CNC (03200.HK) with a "buy" rating and a target price of HK$207. The bank estimates that the company's profits will record strong growth driven by the transformation of the CCD six-axis independent mechanical drilling machine product portfolio and strong demand for AI printed circuit boards (PCBs). It is projected that net profits for 2026 and 2027 will increase by 69% and 70% respectively.