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<Research>DBS Cuts ZA ONLINE (06060.HK) TP to $20, Reiterates Rating at Buy
ZA ONLINE (06060.HK) reported strong 13% YoY growth in total for 4M25 premiums, according to a research report issued by DBS Group Research. The broker expected the growth momentum...
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<Research>DBS Cuts ZA ONLINE (06060.HK) TP to $20, Reiterates Rating at Buy
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ZA ONLINE (06060.HK)  +0.400 (+2.551%)    Short selling $101.38M; Ratio 10.939%   reported strong 13% YoY growth in total for 4M25 premiums, according to a research report issued by DBS Group Research. The broker expected the growth momentum to continue into FY2025.

However, the fintech subsidiary's losses narrowed at a slower pace than expected. Therefore, DBS Group Research lowered its FY2025-FY2026 profit forecasts slightly by 1.8%/ 3.4% each, and cut its target price from $21.2 to $20, with rating reiterated at Buy.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-27 16:25.)

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