Morgan Stanley lowered the target price for the Ningde Era, lowered the target price for Ningde Era A shares from $595 to $500, and lowered the target price for H shares from HK$815 to HK$705.

Morgan Stanley lowered the target price for the Ningde Era, lowered the target price for Ningde Era A shares from $595 to $500, and lowered the target price for H shares from HK$815 to HK$705.