Haitong International: Initiates Maikel Intelligent Chip (09903.HK) with "Outperform" rating and a target price of 596.7 Hong Kong dollars.

Zhitong Finance and Economics App learned that Haitong International released a research report stating that it has initiated coverage on Hunsen IntelliSense (09903.HK) with an "outperform the market" rating and a target price of 596.7 Hong Kong dollars, equivalent to a forecasted price-to-sales ratio of 24 times next year. The report pointed out that as a pioneer in the Chinese dual-line GPU field, Hunsen IntelliSense's DeepSpark ecosystem demonstrates core competitiveness, and the current stock price has a significant discount compared to its potential valuation.