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<Research>Macquarie Lifts TINGYI's TP to HKD15 w/ Unchanged Outperform Rating
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Macquarie has released a research report maintaining an Outperform rating for TINGYI (00322.HK), as it believes the new management will focus on strict cost management and revenue recovery, leading the company to achieve sustainable growth starting from 2026.

The report also highlighted the appeal of TINGYI's expected dividend yield, with dividend rates reaching 7% and 8% in 2025 and 2026, respectively. Macquarie raised its target price for TINGYI by 2% from HKD14.7 to HKD15.

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