On August 12, SHENZHOU INTL declined 3.04% in regular trading, trading at HK$42.08/share, with turnover of HK$67.07 million.

On the news front, SHENZHOU INTL previously issued a profit warning forecasting H1 net profit to decline 38%-43% year-on-year, significantly worse than the market consensus expectation of an 18% decline. The shortfall was attributed to rising raw material and labor costs, significant RMB appreciation against the US dollar, and lower sales volumes amid weak demand. Morgan Stanley noted the midpoint of the warning implies a roughly 40%-41% profit decline, well below its prior forecast of 27%, suggesting clear near-term share price pressure.

Multiple investment banks subsequently cut target prices: Citi lowered its target to HK$62 while reiterating a Buy rating, expecting H2 gross margin recovery; CLSA trimmed its target to HK$51 maintaining Outperform; Bank of America cut its FY26/27 EPS forecasts by 12% and 8% respectively. Despite the downgrades, most banks maintain positive long-term ratings, citing a lower H2 base and expectations that Shenzhou can continue gaining market share among brand clients.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)