Goldman Sachs: Maintain Buy rating on TUHU-W (09690), Target Price raised to HKD 24.5.

Goldman Sachs expects Tuhu's net profit compound annual growth rate to be 35% from 2023 to 2026.

Zhitong FinanceDec 12 10:43 · Ratings

Major investment rating | China Merchants International: Raised the target price of Tuhu to 26 Hong Kong dollars and reiterated the 'buy' rating. Technology empowers car service.

On December 9, Gu Longhui reported that CMB International believes that Tuhu, as an independent car service provider and industry leader, is expected to benefit from the trend of increasing vehicle age and rational consumer preferences in china, with technology empowering car services. It also noted that Tuhu's store network expansion is sufficient to offset potential single-store growth pressure, and that the increase in the proportion of self-controlled products has a positive impact on the company's profits and profit margins. Tuhu is considered a good defensive symbol amid macroeconomic fluctuations, making it the preferred symbol in the car service sector for the 2025 strategy. Considering the recent recovery in consumer spending, CMB International has raised Tuhu's revenue forecast for this year and next year.

Gelonghui FinanceDec 9 10:40 · Ratings

Tuhu-W (9690.HK): Technology empowers car service.

We believe that TuHu, as a leading independent car service provider in the industry, is expected to benefit from the trend of increasing car age and rationalization of consumer preferences in China. TuHu achieves strong control over the supply chain and stores through self-developed systems, maintaining industry-leading standardization of products and services.

China Merchants Bank InternationalDec 6 19:31

Tuhu-W (9690.HK) won the "Golden Grid Award - Annual Brand Value" award.

Gelonghui December 6 | The "Gelonghui · Ninth · Global Investment Carnival · 2025" continues today at the Shangri-La Hotel in Nanshan, Shenzhen. In today's annual excellence company selection for the Gelonghui "Golden Award", Tuhu-W (9690.HK) won the "Annual Brand Value" award. The "Annual Brand Value" award aims to recognize the enterprises with the highest brand value in the capital markets.

Gelonghui FinanceDec 6 15:38

CMB International: Cost-effectiveness and brand strength are the key to the success of electric vehicles next year. Geely autos (00175) are the first choice for complete vehicle manufacturers.

CITIC International expects that by 2025, retail and wholesale sales of electric vehicles in china will increase by 22% annually, reaching 13.35 million and 14.9 million vehicles.

Zhitong FinanceDec 6 11:30

MSCI global small cap stock index semi-annual adjustment: inclusion of Uutoo-W (09690), fourth paradigm (06682), exclusion of Meidong Auto (01268), etc.

On November 7, 2024, MingShine Index Company announced the semi-annual review results of the MSCI series indices.

Zhitong FinanceNov 7 22:16