Morgan Stanley has published a research report predicting that CHINA OVS PPT (02669.HK) +0.020 (+0.499%) Short selling $2.27M; Ratio 6.560% will have over an 80% chance of seeing its share price decline within the next 60 days. The company's rating remains as Equalweight, with a target price of HKD5.15.According to the report, CHINA OVS PPT has recently issued a profit warning, estimating a YoY drop of 9-10% in its net profit (around 13% lower than Morgan Stanley's forecast) and a decrease of 3-4 ppts in its gross profit margin, partly due to losses in the value-added services business.Related News BofAS: CN Home Recovery to Rely on Internal Momentum, Prefers China Resources Land (01109.HK)Morgan Stanley believes the decreased earnings may prompt CHINA OVS PPT to cut the dividends per share.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.)
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