BLESSKEEMUN
04-22

Latest Moomoo on YZJ SHIPPING

We maintain a buy rating and a target price of $3.80 for Yangzijiang.

Mr Isaac Lim, chief market strategist at digital trading platform Moomoo, said Yangzijiang has been consistently buying back shares since early April, having repurchased about 15 million shares so far.

Such consistent actions are typically interpreted by the market as a sign that the company expects stronger growth in the future,he said.

Its share price could well reach $2.85 over the next two months and even test its historical high at $3.32 by the end of the third quarter of 2025.

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