Zhi Tong Cai Jing·2025-08-08 07:21Group 1 - Zhongsheng Holdings (00881) experienced a decline of nearly 4%, with a current drop of 3.75%, trading at HKD 13.33 and a transaction volume of HKD 213 million [1] - On August 8, MSCI announced the results of its August index quarterly review, which included the removal of Zhongsheng Holdings from the MSCI China Index, effective after market close on August 26 [1] - JPMorgan's recent research report indicated that government measures against "involution" and structural reforms at the corporate level are expected to drive industry turnaround by 2026, with related stocks likely to reflect this expectation starting in the second half of 2025 [1] Group 2 - JPMorgan upgraded Zhongsheng Holdings' rating to "Overweight," raising the target price from HKD 12 to HKD 20 [1]