CICC International: Upgraded China International Duty Free's (01880.HK) target price to 90 Hong Kong dollars, maintaining an "outperform" rating.

According to the "Wisdom Financial" app, Industrial Bank International released a research report stating that the target price for China International Travel Service (01880.HK) has been raised by 50% to 90 Hong Kong dollars from 60 Hong Kong dollars, reflecting stronger profit growth momentum supported by favorable policies and better growth prospects. The rating of "outperforming the market" is maintained.