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<Research>G Sachs Initiates Coverage on BUSYMING (01768.HK) w/ Buy Rating & TP $496
Goldman Sachs released a research report initiating coverage on BUSYMING (01768.HK), with rating at Buy and a target price of $496, based on a projected 2027 PE ratio of 23x.Based ...
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<Research>G Sachs Initiates Coverage on BUSYMING (01768.HK) w/ Buy Rating & TP $496
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Goldman Sachs released a research report initiating coverage on BUSYMING (01768.HK)  +0.800 (+0.198%)    Short selling $4.12M; Ratio 9.183%   , with rating at Buy and a target price of $496, based on a projected 2027 PE ratio of 23x.

Based on 2025 GMV (over RMB90 billion), BUSYMING is the largest snack and beverage chain retailer in mainland China, rapidly expanding its store network through a franchise-led model.

Goldman Sachs expected discount snack stores to continue gaining market share from kiosks and traditional supermarkets, benefitting from BUSYMING's attractive consumer value proposition, which is approx. 25% lower than physical supermarkets, a wide range of products with about 4,000 regular SKUs, and healthy unit economics (1-2 year payback period).
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-10 16:25.)

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