The Zhitong Finance App learned that Daiwa released a research report saying that Chuangke Industrial (00669.HK)'s mid-term performance was steady, and the EBIT profit margin increased 86 basis points to 9.9% year-on-year, which is very close to management's internal target of 10% in 2027. The profit margin was significantly better than expected, driving profit growth of 17.5% to US$738 million in the first half of the year, which was 3% higher than market expectations. The bank reaffirmed I&T's “buy” rating and raised the target price from HK$143 to HK$170.

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