SMOORE INTL (06969.HK) -0.250 (-1.185%) Short selling $31.94M; Ratio 6.892% released equity incentives, with conditional grant of share options linked to the market cap assessment, while heat-not-burn (HNB) new business progress was positive, Huatai Securities report said, which maintained Buy rating on the stock with a target price hiked from $15.42 to $15.66.Given the company's continuous investment in R&D and the rapid growth of its own brand and new business, the broker upwardly adjusted its R&D and sales expense ratio forecasts, and estimated net profit to be RMB1.371 billion, RMB1.809 billion and RMB2.311 billion for the years from 2024 to 2026, representing a downward adjustment of 19.3%, 10% and 3.4% respectively. The corresponding EPS were RMB0.22, RMB0.29 and RMB0.38 respectively.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-16 12:25.)