Gaoxin Retail (06808) continued to rise in early tradingcrashbandicootnsanetrilogypcdownload, up 5crashbandicootnsanetrilogypcdownload.46%crashbandicootnsanetrilogypcdownload, receipt 1crashbandicootnsanetrilogypcdownload.74 Hong Kong dollars, with a turnover of 13.5605 million Hong Kong dollars.
JPMorgan Chase released a research report saying that it reiterated the "buy" rating of Gaoxin Retail (06808), believed that negative factors had been basically reflected, and expected any turning point to push the stock price to rebound significantly. If Gaoxin Retail can realize its self-operated stores, there will be potential room for growth in its share price. The target price will be lowered from HK$2.8 to HK$2.5, mainly due to profit correction.