Zhi Tong Cai Jing·2025-08-29 07:33Core Viewpoint - Bank of America Securities has raised its earnings per share estimate for China Galaxy (601881)(06881) by approximately 4% for this year, primarily based on an upward adjustment of the average daily trading volume assumption for mainland A-shares from 1.3 trillion RMB to 1.4 trillion RMB, compared to the current average daily trading volume of 1.5 trillion RMB this year [1] Summary by Category - Earnings Estimate Adjustment - The earnings per share estimate for China Galaxy has been increased by about 4% [1] - The adjustment is based on a revised assumption for the average daily trading volume of mainland A-shares [1] - Target Price Revision - The target price for China Galaxy has been raised from HKD 12.9 to HKD 13.3 [1] - This revision reflects a positive outlook based on a leading industry return on equity of 10% [1] - Market Sensitivity - The stock is noted for its high sensitivity to the average daily trading volume of the mainland stock market [1]