HSBC: Upgrade target price of MicroPort Medical-B (02252.HK) to 30.9 Hong Kong dollars, upgrade rating to "hold"

According to the Zhtng Cijng app, J.P. Morgan recently released a research report stating that the first-half order trend of Microport Robotics (02252.HK) was stronger than expected, indicating a structural shift in the company's growth and profit driving factors. Taking into account the accelerated growth of the company's overseas business, profit expansion driven by consumables sales, and effective cost control, J.P. Morgan has raised the target price from 19.1 Hong Kong dollars to 30.9 Hong Kong dollars and upgraded its rating from "Neutral" to "Buy".