The Zhitong Finance App learned that J.P. Morgan Chase released a research report saying that Minshi Group (00425.HK)'s stock price fell by about 6% yesterday (11th). It is believed to be due to market concerns that the Mexican Senate will approve the imposition of new tariffs on various types of imported Chinese goods such as auto parts and steel. The tax rate is as high as 50%. The new regulations will take effect in 2026. The bank gave an “increase in holdings” rating, with a target price of HK$70.

The Zhitong Finance App learned that J.P. Morgan Chase released a research report saying that Minshi Group (00425.HK)'s stock price fell by about 6% yesterday (11th). It is believed to be due to market concerns that the Mexican Senate will approve the imposition of new tariffs on various types of imported Chinese goods such as auto parts and steel. The tax rate is as high as 50%. The new regulations will take effect in 2026. The bank gave an “increase in holdings” rating, with a target price of HK$70.