HSBC Global Research has issued a report upgrading CSPC PHARMA (01093.HK) +1.000 (+12.723%) Short selling $780.41M; Ratio 19.653% 's rating from Hold to Buy and raising its target price from HKD4.7 to HKD9.5, with the valuation method changed from a comprehensive valuation approach to a discounted cash flow estimate, indicating a potential increase of 21%.According to the report, CSPC PHARMA's revenue/ net profit for 1Q25 decreased by 22%/ 8% YoY, but product sales/ profit increased by 12%/ 60% QoQ, showing a gradual recovery from the pressure of value-based procurement (VBP).(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-06 16:25.)Related NewsJefferies Downgrades CSPC PHARMA (01093.HK) to Underperform, Adds TP to $5