BOCI published a research report on BLOKS (00325.HK) -0.350 (-0.538%) Short selling $766.85K; Ratio 12.145% , which manifested a net profit of RMB634 million for the full year 2025, roughly in line with street consensus, reflecting the negative impact of delayed new product launches. Although the broker anticipated that investors may adopt a wait-and-see approach before the interim results are released, the company is more confident about future growth prospects after improving its expansion strategy, setting an annual growth rate target at 30%, demonstrating a more visible growth plan.Looking ahead to 2026, the broker expected the overseas market to remain the group's main growth driver, and the successful launch of new products was foreseen to gradually boost investor confidence. The broker lowered its target price to HKD79.3, with the current valuation being undemanding, and maintained a Buy rating. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.)
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