Core Viewpoint - Dongfang Zhenxuan reported a 5.7% year-on-year increase in total revenue for the first half of the 2026 fiscal year, reaching 2.31 billion yuan, slightly below expectations [1] - Adjusted net profit reached 258 million yuan, exceeding expectations by 68% [1] Revenue Forecast Adjustments - The investment bank raised revenue forecasts for fiscal years 2026 and 2027 by 3.1% and 4.8%, respectively, to 5.19 billion yuan and 5.9 billion yuan [1] Profit Forecast Adjustments - Adjusted net profit forecasts for fiscal years 2026 and 2027 were increased by 80.2% and 32.1%, respectively, to 437 million yuan and 410 million yuan [1] Target Price Adjustment - The target price for Dongfang Zhenxuan was raised by 25% to 30 HKD, maintaining an "outperform" rating [1]
研报掘金丨中金：上调东方甄选目标价至30港元，盈利增长预期更乐观