星展：降KLN目标价至9.72港元 维持“买入”评级

Core Viewpoint - DBS released a report indicating that KLN (00636) achieved a core net profit growth of 12% year-on-year to 681 million yuan for the first half of 2025, slightly exceeding the bank's expectations [1] Group 1 - The company continues to seek growth opportunities to address global uncertainties [1] - DBS maintains a "Buy" rating for the company [1] - The target price has been adjusted from 10.63 HKD to 9.72 HKD [1]