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Title:High-end Optical Lens: Buy Largan, Sunny Optical
Download File:SinoPac 50 Optical lens industry report--171003.pdf 
Summary:Buy Largan (3008 TT), TP of NT$6,400 (20x 2018F P/E)

Buy Sunny Optical (2382 HK), TP of HK$137 (45x 2018F EPS from lens set business) + (35x 2018F EPS from compact camera module and other businesses)
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