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ZAI LAB (9688.HK): Strong revenue growth throughout the year; a turning point in profitability is expected.
ZAI LAB announced its 2024 performance, with a year-on-year revenue growth of 50%. Among them, the revenue from Aigamode is 93.6 million USD, slightly exceeding market expectations.
Scotiabank Maintains Zai Lab(ZLAB.US) With Buy Rating, Maintains Target Price $55
Zai Lab (ZLAB) Initiated With a Buy at Scotiabank
Copy the electric vehicle explosion curve? Bank of America: "The era of Siasun Robot&Automation in China is key, with costs potentially reducing by 70% within five years."
According to analysis by Bank of America, taking Tesla's Optimus Gen 2 as an example, if most of the Hardware is produced in China, by 2030, the cost of this robot will decrease by 70% to $0.017 million per unit. Analogous to the explosive growth of the electric vehicle market in China, once more components are commercialized and enter mass production, the penetration rate of humanoid robots will rise rapidly.
Zai Lab Initiated at Sector Outperform by Scotiabank
Zai Lab Price Target Announced at $55.00/Share by Scotiabank