NOMURA: INCREASE BY MORE THAN 1.2 PER CENT OVER OR OVER THE IPO DISTRIBUTION PRICE

Nomura has set a target price of RMB 116 for Changsung technology, which is expected to accelerate its market share. “In view of the fact that global memory supply constraints are not likely to ease in the coming years, we expect that the market share of long-term technologies will increase at an accelerated rate,” the analyst Donnie Teng wrote in her report. Nomura offered a target market gain of 20 times that of Changsung technology and indicated that the Unit valued or reached about twice the level of American light technology as its main American competitor. (Wall Street smelling)