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Nayuki (2150 HK) Rating Change: Broaden Addressable Market Is Priority No.1

399 Views09 Feb 2023 05:47
Nayuki bears the most resemblance to Starbucks, yet its appealed audience is the narrowest; Shopping mall opening might hit an all-time low in 2023 and is saturated. We downgrade Nayuki to SELL
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