The Zhitong Finance App learned that Xiyin-W (00625) rose by more than 5%. As of press release, it had risen 5.12% to HK$36.14, with a turnover of HK$2014.2 million.

According to the news, J.P. Morgan Chase covered Xiying Class B shares for the first time and gave it an “overrated” rating. The target price was set at HK$50, implying a 45% increase from the previous closing price. It is worth mentioning that Xiyin's year-end promotion warm-up period will be officially launched on October 19, followed by two major event periods, the first phase and the second event period, which will eventually end on December 27, and will last for more than two months. For “Black Five Network One” and other major promotion nodes, Xiying will also launch special events for Double 11, Black Friday, Cyber Monday, and Double 12.

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