Tag: maintain

Institutions from China and abroad, including Citi, CLSA, Daiwa, China Securities, Zhongtai International and Guosheng Securities, have maintained “Buy” rating for Yeahka (09923.HK), underscoring their confidence with the prospects of the company’s technology-enable business services. Yeahka, which has payment as its other major business, has achieved rapid growth in the first half of 2021, according to its interim results announced on Aug 26. Citi views Yeahka’s strategy stable fee rate and revenue sharing trend to boost merchants base “as largely in line with overall industry outlook”, and believes “that continued investment to acquire traffic and investment in business (such as ... Read more