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Morgan Stanley gives China Resources Mixc Holdings a target price of HKD 42.82 and maintains an "Overweight" rating.

Jin10 data reported on June 13 that Morgan Stanley published a research report indicating that it believes the stock price of China Resources Vientiane Life (01209.HK) will rise in the next 30 days, with a probability of about 70% to 80%. The report explains that the same-store sales growth of China Resources Vientiane Life’s shopping malls reached high single digits in May, once again exceeding market expectations, while the same-store sales growth for the first five months of this year remains strong, reaching high single digits. Morgan Stanley believes that along with the low base from June to September, this may lead the management of China Resources Vientiane Life to raise its same-store sales growth guidance, bringing upward potential for profits this year. The firm has a target price of HKD 42.82 and a rating of “Buy.”

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