harrah'sultimatexfreevideopoker| Changes in Hong Kong stocks| Mingchuang Premium Products (09896) rose more than 5% Institutions expect its first-quarter results to be in line with expectations, and sales momentum will continue to be stable

Zhitong Finance APP learnedharrah'sultimatexfreevideopoker, Mingchuang Products (09896) rose more than 5%harrah'sultimatexfreevideopoker, as of press time, up 5harrah'sultimatexfreevideopoker.25%, reported at 46harrah'sultimatexfreevideopoker.1 Hong Kong dollars, with a turnover of HK$77.1665 million.

On the news front, Goldman Sachs said that Mingchuang Premium will announce its first quarter results around mid-May, and its sales momentum is expected to continue to be solid. The bank expects the company's total sales to be 3.66 billion yuan, a year-on-year increase of 24%. Give a "Buy" rating and raise the target price from HK$60 to HK$61.

UBS pointed out that the first-quarter profit of the company's products will roughly meet market expectations. It is expected that the revenue of Mingchuang Products in the first quarter will increase by 25% year-on-year, of which local offline and overseas revenue will increase by 15% and 46% respectively. Adjusted net profit for the first quarter was RMB 605 million, a year-on-year increase of 25%, which was broadly in line with expectations.

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