[ET Net News Agency, 13 January 2025] CCB International raised the target price for
Tingyi (00322) to HKD12.2 from HKD11.1 and maintained the "outperform" rating.
The research house said it believes the price hikes at Tingyi will continue to benefit
ASP of instant noodles in FY25F, though volume growth will take more time to recover. (rc)