Yamato: Shunyu Optics Technologys target price has been lowered to 72 Hong Kong dollars, maintaining an "outperform" rating.

Daiwa issued a report, lowering the target price of Sunny Optical Technology from HK$85 to HK$72, while maintaining an "outperform" rating. Daiwa believes that the increase in memory prices will inevitably bring headwinds to the smartphone market in 2026, although the related risks are already reflected in Sunny Optical's stock price, but believes that short-term market sentiment is still tepid. The firm remains optimistic about Sunny Optical's long-term growth, due to the structural trend of upgrades in smartphone camera specifications, the increasing camera content per vehicle, and the vast market potential of XR technology.