CICC: Maintains outperform rating on Wei Sheng Holdings (03393), raises target price to 12 Hong Kong dollars.

According to the Wise Finance APP, CICC released a research report stating that it maintains Weisheng Holdings' (03393) net profit forecast for 2025/2026 at 9.16/11.36 billion yuan, with the current stock price corresponding to 9.5x/7.6x 2025/2026e P/E. It maintains an outperform industry rating, considering the upward shift in sector valuation, and has raised the target price by 22% to 12 Hong Kong dollars, corresponding to 12.0x/9.5x 2025/2026e P/E, which still has a 25% upside potential compared to the current stock price.