Guotai Junan Securities assigns a "Buy" rating and HK$4.75 target price to Newborn Town.

Guotai Junan Securities assigns a "Buy" rating and HK$4.75 target price to Newborn Town, citing its successful new social products, progress in MENA region, and steady growth in diverse social networking business. Core competitiveness includes data analytics, localization strategy, and understanding global markets. The company's acquisition of NBT Social Networking shares is expected to enhance decision-making and future development.