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<Research>CMBI Initiates Coverage on JF SMARTINV-100 w/ Rating Buy, TP HKD65
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JF SMARTINV-100 (09636.HK) is leveraging its large-scale multi-channel broadcast network matrix to capitalize on the wave of retail investors entering the A-share market, CMBI said in its research report.

In the era of a burgeoning new media ecosystem, CMBI has noticed that companies are shifting their traffic acquisition models from platform-driven to content-driven, which enables platforms with high-quality content and strong user engagement to attract more user attention.

CMBI initiated coverage on JF SMARTINV-100 with a Buy rating and a target price of HKD65.
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