[ET Net News Agency, 18 December 2025] Morgan Stanley lowered the target price for CSPC
Pharma (01093) to HKD10.4 from HKD11 and maintained the "overweight" rating.
The research house said it now projects sales and recurring net profit growth of +5% and
+7% in 2026, accelerating to +6% and +10% in 2027, respectively, as new product launches
gain traction. (rc)