The Zhitong Finance App learned that Morgan Stanley released a research report saying that it updated Wanzhou International (00288.HK) risk-return estimates and lowered the 2026 profit forecast by about 7%, mainly reflecting lower North American guidelines for the second half of the year and weak European pork market conditions, partly offset by quarterly improvements in the profit margin of packaged meat in China due to the normalization of channel investment. The bank also lowered its 2027 and 2028 profit forecasts by 7% to 9% to reflect the lower 2026 base. The target price was reduced by 7% accordingly, from HK$11.4 to HK$10.6. Optimistic about Wanzhou International's vertical integration leadership in the global pork industry. Coupled with the 2026 projected price-earnings ratio and the attractive EV/EBITDA valuation, it maintained the “gain” rating.

The Zhitong Finance App learned that Morgan Stanley released a research report saying that it updated Wanzhou International (00288.HK) risk-return estimates and lowered the 2026 profit forecast by about 7%, mainly reflecting lower North American guidelines for the second half of the year and weak European pork market conditions, partly offset by quarterly improvements in the profit margin of packaged meat in China due to the normalization of channel investment. The bank also lowered its 2027 and 2028 profit forecasts by 7% to 9% to reflect the lower 2026 base. The target price was reduced by 7% accordingly, from HK$11.4 to HK$10.6. Optimistic about Wanzhou International's vertical integration leadership in the global pork industry. Coupled with the 2026 projected price-earnings ratio and the attractive EV/EBITDA valuation, it maintained the “gain” rating.