CMB: Raise Daysmart Group Limited (09903.HK) target price to HKD 920, maintain "buy" rating.

According to the Zhitong Finance APP, J.P. Morgan released a research report stating that the high average selling price and profit margin of Tianshu Zhixin (09903.HK), as well as the increasing production of next-generation high-end GPUs, are expected to drive the company's sales and profit growth starting from the end of 2026. The target price has been raised from 620 Hong Kong dollars to 920 Hong Kong dollars, and the "hold" rating is maintained.