Lianlian Digitech Set for Robust Growth in 2H -- Market Talk

Dow Jones
Sep 03

0450 GMT - Lianlian Digitech looks set for a strong 2H, Deutsche Bank analysts say after the company posted a solid set of 1H results. It swung to profit from a loss in 1H, while revenue increased 27% on year. DB's Johnny Xie thinks the revenue momentum can continue. Lianlian's global payment business was a key driver of 1H growth and is on a robust trajectory, the analyst says. DB projects 25% growth in Lianlian Global's payment volume and a stable take rate as the company focuses on capturing greater market share. It sees a slowdown in volume in the domestic payments business due to intensifying competition, but stable profit margins. DB raises the stock's target price to HK$14.00 from HK$12.40 and maintains a buy rating. Shares last at HK$10.53. (jason.chau@wsj.com)

 

(END) Dow Jones Newswires

September 03, 2025 00:51 ET (04:51 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10