DBS: Lowered the target price of Jiayuan International (00173.HK) to 2.8 Hong Kong dollars, maintaining a "buy" rating.

According to Wise Finance and Economics APP, OCBC released a research report stating that after a 13% pullback in the past three months, the current share price of Jiahua International (00173.HK) is discounted by 83% from its net asset value, compared to an average discount of 75% over the past ten years. The bank will apply a target discount rate of 79% to the forecasted net asset value in June 2027, lowering the target price from 3 Hong Kong dollars to 2.8 Hong Kong dollars, while maintaining a "buy" rating.