First Shanghai: Maintains a "buy" rating for Dongyue Group (00189.HK) with a target price of 18.9 Hong Kong dollars.

According to the Wise Finance APP, First Shanghai released a research report stating that it maintains a "buy" rating on Dongyue Group (00189.HK) with predicted revenues of 16.09 billion yuan, 17.47 billion yuan, and 18.15 billion yuan respectively for the years 2025-2027; and net profits of 1.90 billion yuan, 2.58 billion yuan, and 2.81 billion yuan respectively. The company is given a 15x PE ratio for 2025 with a target price of HK$18.90, representing a 57.5% increase from the current price.