---
title: "HSBC Research lowers the target price for CHINA FEIHE to 4.9 yuan, maintaining a \"Hold\" rating"
description: "HSBC Research has lowered the target price for CHINA FEIHE to RMB 4.9, maintaining a \"Hold\" rating. The bank expects the company's interim performance to issue a profit warning, with net profit expect"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/247566016.md"
published_at: "2025-07-08T02:34:53.000Z"
---

# HSBC Research lowers the target price for CHINA FEIHE to 4.9 yuan, maintaining a "Hold" rating

> HSBC Research has lowered the target price for CHINA FEIHE to RMB 4.9, maintaining a "Hold" rating. The bank expects the company's interim performance to issue a profit warning, with net profit expected to decline by 36% to 46% year-on-year. The revenue forecast for 2025 remains flat, the net profit forecast has been cut by 31%, and the total dividend payout has also been reduced by 34% to RMB 2 billion

HSBC Global Research released a report indicating that CHINA FEIHE (06186.HK) has issued a profit warning for its interim results, expecting net profit to decline by 36% to 46% year-on-year. The bank anticipates that the company's revenue will remain flat year-on-year in 2025, down from a previous forecast of a 9% increase, and has lowered the net profit forecast for 2025 by 31%. At the same time, the total dividend payout forecast has been reduced by 34% to RMB 2 billion, maintaining a "Hold" rating, with the target price lowered from HKD 6.4 to HKD 4.9, primarily reflecting the downward revision of profit forecasts

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.