The Zhitong Finance App learned that Morgan Stanley released a research report stating that it will maintain Fuyao Glass (03606.HK) H shares “in sync with the market” rating and target price of HK$53.5. The bank expects that the company's third-quarter performance will generally continue the trend of the second quarter. The average price increase will offset the decline in sales. Third-quarter revenue recorded single-digit year-on-year and month-on-month growth. Profit growth is expected to correct year over year, mainly benefiting from the narrowing of exchange losses.

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