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00570 TRAD CHI MED
RTNominal unchange2.190 0.000 (0.000%)
Research Report

27/06/2025 16:02

{I-bank focus}Morgan lowers Trad Chinese Med to HKD1.6

[ET Net News Agency, 27 June 2025] Morgan Stanley lowered the target price for Trad
Chinese Med (00570) to HKD1.6 from HKD1.7 and maintained the "underweight" rating.
The research house said it cuts earnings estimates by 8-13% over 2025-2030, driven by
further price cuts (lower gross margins) and sales declines at the formula granules
business. (rc)

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