CICC released a research report saying that due to the continuous improvement of smart spectrum model capabilities and the gradual release of computing power supply, the bank raised its 2026/2027 revenue forecast by 63%/27% to 60.7/15.11 billion yuan. The company is still investing in the expansion period in 2026/2027, maintaining the outperforming industry rating and the target price of HK$1,572 unchanged, corresponding 41 times P/S in 2027. There is 31.5% upside compared to the current stock price. The company is currently trading 31 times P/S in 2027.

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