0620 GMT - Medlive Technology's 2026 business outlook appears constructive, UOB Kay Hian analysts say in a research report. Management has guided for 20% growth in healthcare product count for 2026, signaling continued market-share gains amid faster innovative drug launches and stricter compliance, the analysts note. Backed by AI-enabled margin expansion and steady research and development, the online professional physician platform operator is positioned to capture China's 17 billion-yuan digital healthcare marketing opportunity. The brokerage maintains the stock's buy rating but lowers the target price to HK$11.00 from HK$13.50 to reflect more conservative valuation multiple amid rising geopolitical tensions. Shares are 1.8% higher at HK$8.63. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
April 01, 2026 02:20 ET (06:20 GMT)
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