【CCB International gives Bruco an "outperform" rating for the first time, with a target price of HK$195】CCB International published a research report, giving Bruco (00325.HK) an "outperform" rating and a target price of HK$195 for the first time. The bank expects that the compound annual growth rate of earnings during the 2025-27 fiscal year will reach 49%, supported by a 48% compound annual growth rate of revenue. The bank said that based on the total transaction volume (GMV) in 2023, the company is the leader in China's role-playing toy market, with a market share of 30.3%.