The Zhitong Finance App learned that Huaxing Securities released a research report stating that it covered Minglue Technology-W (02718.HK) for the first time and gave it a “buy” rating based on 18 times 2027 EP/S, with a target price of HK$367.00. The bank emphasized that Minglue Technology has successfully transformed from a data intelligence supplier to an integrated smart AI executor. Intelligent RaaS will soon reach an inflection point in 2026-2027, and the revenue in the 2025-2027 sector is expected to increase more than tenfold.

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