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54371 JP#HSI RP2812J (R BEAR)
RT Nominal unchange0.260 0.000 (0.000%)

04/02/2026 14:37

{I-bank focus}Macquarie lowers Hengan Int'l to HKD29.1

[ET Net News Agency, 4 February 2026] Macquarie lowered the target price for Hengan
Int'l (01044) to HKD29.1 from HKD29.3 and maintained the "outperform" rating.
The research house said it lowers 2025E/2026E/2027E net profit 5.7%/2.6%/2.6% to factor
in lower government grant estimates. (rc)

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