Yamato: Shengyu Machine Tool China (01651) target price raised to 80 Hong Kong dollars, raising 4% earnings forecast for fiscal years 2027 to 2028.

Zhixin Finance APP learned that Daiwa issued a research report stating that it reiterated its "buy" rating on Tianjin Jinji Machine Tool China (01651) and raised its target price from HK$77 to HK$80. At the same time, the earnings forecast for the 2027-28 fiscal year was raised by 4%, mainly reflecting better-than-expected expense control by the company. The bank believes that Tianjin Jinji Machine Tool is one of the key beneficiaries of AI infrastructure investment. Demand for AI liquid-cooled quick disconnects remains strong, with management indicating that orders for the 2026 fiscal year have reached approximately 1,000 units, and it is expected to double in the 2027 fiscal year, driven mainly by Nvidia GB300 deployments.