CHINA FEIHE (06186.HK) -0.150 (-3.171%) Short selling $166.47M; Ratio 34.999% issued a profit warning for 1H25 expecting revenue to decline by 8-10% YoY to RMB9.1 billion-RMB9.3 billion, and net profit to fall by 37-47% YoY to RMB1 billion-RMB1.2 billion, according to UBS. The preliminary results were significantly below market consensus, reflecting lower-than-expected revenue performance and profit margin compression. Given the extent of the earnings miss and the downward revision in dividend guidance, the broker anticipated a negative reaction from investors.Related NewsCLSA Cuts CHINA FEIHE's TP to HKD6, Downgrades Rating to OutperformIn terms of profitability, net profit was further pressured by reduced government subsidies, impairment charges related to milk powder products, and high selling expenses associated with the childbirth subsidy program. Therefore, UBS rated the Company at Buy, with a target price of $7.4. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-08 16:25.)