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<Research>CICC Raises WANT WANT CHINA (00151.HK) TP to HKD5.8, Keeps Rating at Outperform
CICC released a research report saying that WANT WANT CHINA (00151.HK)'s FY2024 revenue will benefit from contributions by its emerging channels, and expecting the Group to ach...
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<Research>CICC Raises WANT WANT CHINA (00151.HK) TP to HKD5.8, Keeps Rating at Outperform
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CICC released a research report saying that WANT WANT CHINA (00151.HK)  +0.050 (+0.936%)    Short selling $4.60M; Ratio 8.474%   's FY2024 revenue will benefit from contributions by its emerging channels, and expecting the Group to achieve steady growth in FY2025.

Therefore, given the rising market valuation, CICC also raised its target price for WANT WANT CHINA by 10% to $5.8, with rating kept at Outperform.

Related NewsWANT WANT CHINA Annual NP Hikes 8.6% to RMB4.336B; Final DPS Falls to US$2.04 Cents
WANT WANT CHINA announced its FY2024 results, with revenue decreasing by 0.3% YoY to RMB23.51 billion, the report added. Net profit attributable to shareholders rose by 8.6% YoY to RMB4.34 billion.

The Company's 2HFY2024 revenue increased by 2.6% YoY to RMB12.63 billion, while net profit attributable to shareholders hiked by 9.5% YoY to RMB2.47 billion.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-27 16:25.)

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