CSPC PHARMA (01093.HK) -0.190 (-2.360%) Short selling $314.50M; Ratio 18.300% 's share price soared 70% in total YTD (up more than 30% in the last 2 weeks alone), mainly driven by high expectations for its commercial development potential and hopes for a turning point in its earnings, according to a research report issued by Jefferies. However, it seems that all of these positive factors are now being reflected in the share price performance.Related NewsBOCOMI Lifts CSPC PHARMA (01093.HK) TP to $7.2, Keeps Rating at NeutralTherefore, Jefferies downgraded CSPC PHARMA to Underperform from Hold to reflect its over-valuation at current price. The broker remained optimistic that the Group is one of the most successful pharmaceutical companies in China, and revised its 2025-2027 revenue forecasts to RMB28.7 billion/ RMB27.6 billion/ RMB26.4 billion, and net profit forecasts to RMB4.1 billion/ RMB3.6 billion/ RMB3.1 billion. Jefferies added its target price to $5 from $4.6.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-05 16:25.)