[ET Net News Agency, 29 November 2023] J.P. Morgan lowered its price target for Want
Want China (00151) to HKD5.2 from HKD5.7 and maintained its "neutral" rating.
The research house said compared to China F&B peers, Want Want China's earnings provide
a better buffer against rising price competition risk in a weakening consumption
environment, but its long-term growth prospects and shareholder return profile lags peers.
(RC)