Movement Alert|Mingming Henmang Rises 3.5% in Regular Trading, Multiple Institutions Issue Buy Ratings as Stock Connect Inclusion Drives Capital Inflows

Market Focus
06/11

On June 11, Mingming Henmang rose 3.5% in regular trading, trading at 366.4 HKD/share, with trading volume of approximately 51.27 million HKD.

On the news front, the company was formally included in the Hang Seng Composite Index and Stock Connect on June 8, opening the southbound capital channel and continuously attracting incremental funds. Multiple institutions have recently issued bullish research reports in quick succession: West Securities initiated coverage with a Buy rating citing the company as a market leader with strong profit release potential; Huatai Securities maintained its Buy rating noting the full-year target of 5,000 new store openings is achievable; Citibank initiated coverage with a Buy rating and target price of 439.6 HKD; and CICC maintained its target price of 530 HKD. Institutions broadly favor the company's store expansion runway and improving same-store performance, with Citibank projecting adjusted net profit growth of 47%, 19%, and 15% for fiscal years 2026 through 2028 respectively, driven by revenue growth and gross margin expansion.

(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.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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