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.