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Morgan Stanley released a research report saying that the old gold store was profitable, but its performance fell short of the market and expectations. The bank expects the market to lower its profit forecast for the old store Gold today and tomorrow. Stock price sentiment may be weak in the short term. In the future, it will focus on shareholder returns and management guidance in the interim results. The bank reaffirmed its “Overweight” rating and maintained the target price of HK$590.

Zhitongcaijing·07/29/2026 02:25:03
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Morgan Stanley released a research report saying that the old gold store was profitable, but its performance fell short of the market and expectations. The bank expects the market to lower its profit forecast for the old store Gold today and tomorrow. Stock price sentiment may be weak in the short term. In the future, it will focus on shareholder returns and management guidance in the interim results. The bank reaffirmed its “Overweight” rating and maintained the target price of HK$590.