CICC: Maintains Wan Zhu International (00288.HK) outperform rating, raises target price to HK$9.50

Wisdom Finance APP learned that CICC issued a research report stating that it maintains the forecasted values of Wanxiu International's (00288.HK) consolidated net profit for 2025/2026, with the current stock price corresponding to 8.5/8.2 times the 2025/26 P/E ratio. It maintains an outperform industry rating, considering the recent high dividend sector valuations boosting the company's target price by about 11% to HK$9.5 per share, corresponding to approximately 9.7/9.3 times the 2025/26 P/E ratio, with about 13.6% potential upside from the current stock price.