Morgan Stanley: Maintains Chow Tai Fook (01929.HK) "Overweight" Rating, Target Price HK$14.5; First-Half Profit Warning Beats Expectations

Zhitong Finance APP has learned that Morgan Stanley issued a research report stating that Chow Tai Fook (01929.HK) announced its operational update for the second quarter of fiscal year 2027 and its profit forecast for the first half of the year, with performance better than expected. The bank maintained its "Overweight" rating on Chow Tai Fook with a target price of HK$14.5.