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26757 MS-CSPC@EC2506A (CALL)
RT Nominal down0.083 -0.027 (-24.545%)

31/05/2024 15:01

{I-bank focus}Goldman raises CSPC Pharma (01093) to HKD10.26

[ET Net News Agency, 31 May 2024] Goldman Sachs raised the target price for CSPC Pharma
(01093) to HKD10.26 from HKD9.73 and maintained the "buy" rating.
The research house said the key downside risks are (1) earlier-than-expected VBP for
NBP; (2) slower-than-expected ramp-up of new products; (3) failure of major R&D projects;
and (4) greater-than-expected price cut impacts on generic drug sales. (rc)

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