Morgan Chase up to the end-of-year target of 80000

ON MONDAY, 10 AUGUST, CHASE MORGAN MOVED THE TARGET AT THE END OF THE YEAR TO 8,000 POINTS ON THE BASIS OF STRONG CORPORATE PROFITABILITY AND INDICATIONS THAT AI INVESTMENT BY LARGE CLOUD SERVICE PROVIDERS WAS ABOUT TO DRIVE FASTER GROWTH IN REVENUE. THIS NEW TARGET REPRESENTS AN INCREASE OF APPROXIMATELY 3.12 PER CENT COMPARED WITH THE CLOSING PRICE AT POINT 7757.64 LAST FRIDAY. KIM XIAN