Morgan Stanley Raises CHINA FOODS Target Price to HK$2.9, Maintains "Underweight" Rating

Stock News

Oct 14, 2025

Morgan Stanley has issued a research report adjusting its profit forecasts for CHINA FOODS (00506), lowering the 2025 profit estimate by 4% while raising the 2027 profit projection by 2%. The revision primarily reflects higher gross margin expectations, with the firm upgrading its gross margin forecasts for 2025-27 by 1.2 percentage points, driven by higher average selling prices following 2024 price increases and an elevated base effect.

The investment bank has raised its target price from HK$2.6 to HK$2.9, reflecting improved earnings projections for 2027 and beyond, while maintaining its "Underweight" rating on the stock.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1137009165"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1137009165\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1137009165?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-10-14 14:12","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1137009165","market":"us","top_or_hot":-1,"title":"Morgan Stanley Raises CHINA FOODS Target Price to HK$2.9, Maintains \"Underweight\" Rating","media":"Stock News","content":"<p>Morgan Stanley has issued a research report adjusting its profit forecasts for CHINA FOODS (00506), lowering the 2025 profit estimate by 4% while raising the 2027 profit projection by 2%. The revision primarily reflects higher gross margin expectations, with the firm upgrading its gross margin forecasts for 2025-27 by 1.2 percentage points, driven by higher average selling prices following 2024 price increases and an elevated base effect.</p>\n<p>The investment bank has raised its target price from HK$2.6 to HK$2.9, reflecting improved earnings projections for 2027 and beyond, while maintaining its \"Underweight\" rating on the stock.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Morgan Stanley Raises CHINA FOODS Target Price to HK$2.9, Maintains \"Underweight\" Rating</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMorgan Stanley Raises CHINA FOODS Target Price to HK$2.9, Maintains \"Underweight\" Rating\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2025-10-14 14:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Morgan Stanley has issued a research report adjusting its profit forecasts for CHINA FOODS (00506), lowering the 2025 profit estimate by 4% while raising the 2027 profit projection by 2%. The revision primarily reflects higher gross margin expectations, with the firm upgrading its gross margin forecasts for 2025-27 by 1.2 percentage points, driven by higher average selling prices following 2024 price increases and an elevated base effect.</p>\n<p>The investment bank has raised its target price from HK$2.6 to HK$2.9, reflecting improved earnings projections for 2027 and beyond, while maintaining its \"Underweight\" rating on the stock.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00506","symbol_name":"中国食品","start_time":0,"source_url":"","article_id":"1137009165","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1137009165","pubTimestamp":1760422338,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"Morgan Stanley has issued a research report adjusting its profit forecasts for CHINA FOODS (00506), lowering the 2025 profit estimate by 4% while raising the 2027 profit projection by 2%. The...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00506":"中国食品","BK1549":"食品股","BK1200":"软饮料"},"translate_title":"大摩上调中国食品目标价至2.9港元维持“跑输大盘”评级","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00506":1},"content_text":"Morgan Stanley has issued a research report adjusting its profit forecasts for CHINA FOODS (00506), lowering the 2025 profit estimate by 4% while raising the 2027 profit projection by 2%. The revision primarily reflects higher gross margin expectations, with the firm upgrading its gross margin forecasts for 2025-27 by 1.2 percentage points, driven by higher average selling prices following 2024 price increases and an elevated base effect.\nThe investment bank has raised its target price from HK$2.6 to HK$2.9, reflecting improved earnings projections for 2027 and beyond, while maintaining its \"Underweight\" rating on the stock.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}