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<Research>HTSC Elevates LEAPMOTOR (09863.HK) TP to $81.15, Keeps Rating at Buy
LEAPMOTOR (09863.HK)'s 1Q25 revenue amounted to RMB10.02 billion, up 187.1% YoY and down 25.6% QoQ, with losses narrowing to RMB130 million, Huatai Securities issued a research...
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<Research>HTSC Elevates LEAPMOTOR (09863.HK) TP to $81.15, Keeps Rating at Buy
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STOCK INFO

LEAPMOTOR (09863.HK)  +1.050 (+1.691%)    Short selling $23.42M; Ratio 3.027%   's 1Q25 revenue amounted to RMB10.02 billion, up 187.1% YoY and down 25.6% QoQ, with losses narrowing to RMB130 million, Huatai Securities issued a research report saying.

LEAPMOTOR's results beat the broker's expectations, as it anticipated a 1Q25 loss of RMB500 million-RMB1 billion, mainly due to a revenue growth driven by sharp increase in sales and a record-high gross profit margin of 14.9%.

Related NewsCMBI Raises LEAPMOTOR (09863.HK) TP to HKD72, Maintains Buy Rating
Therefore, Huatai Securities kept rating at Buy, and elevated its target price from $71.22 to $81.15.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-22 16:25.)

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