After the sharp underperformance against the market since its FY24 results release, CHINA RES GAS (01193.HK) +0.040 (+0.195%) Short selling $9.66M; Ratio 5.916% is believed to have finally stabilized, though no recent improvements in key operational indicators have been observed to drive the stock price upward, JPMorgan said in its research report.In the broker's opinion, the earnings of CHINA RES GAS' city gas business may remain under pressure due to limited growth in sales volume, gross margin expansion, and a continued decline in new connection volume.Related NewsDaiwa Slashes CHINA RES GAS TP to HKD16 w/ Rating Sell; Internal Issues Possibly in PlayCHINA RES GAS' target price was mildly raised from HKD18.5 to HKD19, while a Neutral rating remaining in place.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-09-05 16:25.)