Goldman Sachs: Lowered United Enterprises China (00220.HK) target price to HK$9, maintaining a "neutral" rating.

Zhixin finances APP learned that Goldman Sachs released a research report stating that Uni-President China (00220.HK) had relatively stable third-quarter revenue, with low to mid-single-digit growth in the food business, a decline of low to mid-single digits in the beverage business, and continued triple-digit percentage growth in the OEM production business. Looking ahead, due to continued fierce competition, the bank remains cautious about the company's prospects for next year, forecasting a sales growth of 6%, lowering the target price from 9.3 Hong Kong dollars to 9 Hong Kong dollars, and maintaining a "neutral" rating.