[Big Banks Speculate on D] Daiwa downgraded COSCO Ship Hold to Hold, YUM China generally received target upgrades after earnings

etnet
2025.11.05 00:46
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Daiwa downgraded COSCO SHIP HOLD's rating from "Outperform" to "Hold," maintaining the target price at HKD 14.00. After the earnings release, YUM China saw its target price generally raised, with Huatai Securities increasing its target price from HKD 521.80 to HKD 525.70, and Goldman Sachs raising it from HKD 413.00 to HKD 436.00. Other companies such as AIA, Hongqiao, and Chalco also made various adjustments to their target prices

"Economic Information Daily, December 5th" lists the latest ratings and target prices from major brokerages:

Stock/Code Brokerage Target Price Change
(HKD)
Rating Change Previous Closing Price
(HKD)
AIA
(01299)
JP Morgan 105.00→107.00 Maintain Overweight 79.65
Citigroup 81.00→91.00 Maintain Buy
COSCO SHIP HOLD
(01919)
Daiwa Maintain 14.00 Outperform→Hold 13.67
Goldman Sachs 11.50→12.50 Maintain Neutral
YUM China
(09987)
Haitong 521.80→525.70 Maintain Buy 352.00
Goldman Sachs 413.00→436.00 Maintain Buy
Deutsche Bank 435.00→433.00 Maintain Buy
Hongqiao
(01378)
Citigroup 25.20→36.00 Maintain Buy 29.68
Jefferies 26.90→34.10 Maintain Buy
Chalco
(02600)
Citigroup 7.47→12.41 Maintain Buy 9.75

The following are earlier ratings and target prices from some major brokerages:

Stock/Code Brokerage Target Price Change
(HKD)
Rating Change Previous Closing Price
(HKD)
Standard Chartered
(02888)
JP Morgan 168.00→190.00 Maintain Overweight 162.00
AIA
(01299)
Jefferies 85.00→97.00 Maintain Buy 79.65
CICC 83.00→93.10 Maintain Outperform
BYD
(01211)
Goldman Sachs 130.00→141.00 Maintain Buy 97.10
DBS 150.00→140.00 Maintain Buy
Bank of Communications International 150.72→133.00 Maintain Buy
Li Auto
(02015)
Deutsche Bank 132.00→128.00 Maintain Buy 77.75
Geely
(00175)
Deutsche Bank 27.60→28.00 Maintain Buy 17.56
XPeng
(09868)
Deutsche Bank 110.00→105.00 Maintain Buy 88.90
Leapmotor
(09863)
Deutsche Bank 75.00→80.00 Maintain Buy 56.80
Horizon Robotics
(09660)
CICC 12.30→12.60 Maintain Buy 8.45
CNOOC
(00883)
DBS 21.50→22.00 Maintain Buy 20.40
BYD Electronics
(00285)
China International Capital Corporation 52.00→47.00 Maintain Outperform Market 35.20
Lao Pu Gold
(06181)
Nomura Maintain 1160.00 Maintain Buy 609.00
Chow Tai Fook
(01929)
Macquarie Maintain 18.60 Maintain Outperform Market 13.58
Budweiser APAC
(01876)
Macquarie 10.95→11.20 Maintain Outperform Market 7.76

(hc)