JPMorgan has initiated coverage on JST GROUP (06687.HK) -1.120 (-5.411%) with an Overweight rating and a target price of HKD37. Given the company's appealing valuation, the broker also named JST GROUP as one of its industry top picks.According to the report, JST GROUP stands out in China's increasingly fragmented e-commerce industry, allowing it to grow faster than most software peers and within its vertical, while maintaining strong profitability.(HK stocks quote is delayed for at least 15 mins.)Related News Jushuitan (06687.HK) Turns to a Loss of RMB1.655 Billion for the Full Year; No Dividend
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