Original title: Daiwa: reiterate that the target price of the "Buy" rating of Hong Kong Television (01137) has been raised by 3.57% to HK $14.50 Source: Zhitong Finance Network
Zhitong Financial APP learned that Daiwa released a research report that the recent tailwind of Hong Kong Television (01137) is conducive to the performance of total monthly turnover (GMV) in the second half of the year, or become a catalyst for stock prices. It also believes that the company will become one of the main beneficiaries of the consumption voucher program, reiterating its "buy" rating and raising its target price from HK $14 to HK $14.50.
Daiwa said that it is expected that the consumption voucher program will bring 144 million yuan of GMV to the company in the second half of the year, or reach the high level of the full-year target. The bank raised its profit forecast for 2021-23 by 5-10% to reflect the GMV forecast and the start of the Shoalter business to contribute profits.