＜Research＞M Stanley Expects SUNNY OPTICAL Positive Profit Alert to Benefit Shr Price, Rates Overweight

　　Morgan Stanley noted in a report that it expected a positive share price reaction to SUNNY OPTICAL (02382.HK) -3.050 (-6.321%) Short selling $99.31M; Ratio 19.010% 's positive profit alert, and believed investors would pay more attention to the company's business outlook in 2H24. The broker rated the company Overweight with a target price of $59.

　　According to the report, as the cyclical industry recovery has been realised, the industry catalyst is whether artificial intelligence smartphones can trigger the next product cycle and whether SUNNY can grasp this growth opportunity. The broker also expected the growth prospects of vehicle lens sets to affect SUNNY's valuation.

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-19 16:25.)