casinoworldfreepoker| Big Bank Rating| JPMorgan Chase: Lowering Gao Xin's retail target price to HK$2.5 and reiterating its "Buy" rating

Gelonghui May 23| JPMorgan Chase issued a report stating that Gaoxin Retail turned into a loss of 1.6 billion yuan in the previous fiscal year. Management noted during a telephone briefing that same-store sales trends and profitability showed signs of improvement in April and May and exceededcasinoworldfreepokerIn line with their expectations, the fiscal year 2025 target is for same-store sales to remain flat or slightly increase year-on-year, rental income to remain stable, while turning a profit. Mocom will set the retail target price of Gaoxin from 2casinoworldfreepokerThe downward revision of HK$.8 to HK$2.5 was mainly due to the revision of earnings, reiterated the "Buy" rating, believed that negative factors had been basically reflected, and expected that any turning point would push the stock price to rebound significantly. If Gaoxin Retail can realize its self-operated stores, there will be potential room for stock price growth.

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