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68923 JP#HSI RC2611M (R BULL)
RT Nominal down0.990 -0.010 (-1.000%)

28/08/2025 16:00

{I-bank focus}HSBC raises Nongfu Spring (09633) to HKD49.3

[ET Net News Agency, 28 August 2025] HSBC raised the target price for Nongfu Spring
(09633) to HKD49.3 from HKD47.4 and maintained the "hold" rating.
The research house said it raises 2025-27e net profit by 8-9% after factoring in lower
SGA costs. (rc)

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