Ge Long Hui·2025-11-06 03:40Core Viewpoint - NEXTEER (1316.HK) experienced a significant increase of approximately 7%, reaching HKD 7.27, with a total market capitalization of HKD 18.25 billion. The latest report from Cathay Securities indicates that multiple R-EPS in the Asia-Pacific region have entered mass production in Q3, and the company is expected to secure additional steering-by-wire contracts in Q4, suggesting stable operational conditions. The target price has been raised to HKD 9.45, maintaining a "Buy" rating [1] Summary by Relevant Sections - Market Performance - NEXTEER shares rose about 7% to HKD 7.27, with a market cap of HKD 18.25 billion [1] - Analyst Insights - Cathay Securities' latest report highlights the entry of multiple R-EPS into mass production in the Asia-Pacific region during Q3, with expectations for further steering-by-wire contracts in Q4 [1] - The firm assesses the company's operational conditions as stable and has raised the target price to HKD 9.45 while maintaining a "Buy" rating [1] - Order Contribution - For the first three quarters of 2025, the Asia-Pacific region is expected to contribute 49% of the company's order amount, with an annual forecast of USD 5 billion in orders [1]