The Zhitong Finance App learned that J.P. Morgan Chase released a research report stating that it reaffirmed the “increase” rating of the Ningde Era (03750.HK), and the target price remained unchanged at HK$725. The bank pointed out that the stock price of the Ningde era fell 8% on July 10, up 0.6% from the same day. The stock price has accumulated a correction of about 25% since the June high, and the Hang Seng Index fell 7% during the comparison period.

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