Yamato: Maintains the "Outperform" rating for China Evergrande Group-S (01179.HK) and raises the target price to 36.5 Hong Kong dollars.

According to the Wise Finance APP, Daiwa issued a research report stating that they continue to give a "outperform" rating to Huazhu Group-S (01179.HK), raising the target price from 30.5 Hong Kong dollars to 36.5 Hong Kong dollars. The main reason is that the recovery of average room revenue is faster than expected, so the company's EBITDA forecast for 2025 to 2027 is increased by 11% to 13%.