Fangzheng Securities: Recommends rating for Master Kong Holdings (00322.HK), emphasizing shareholder returns and maintaining a high dividend payout ratio.

According to the Wisdom Financial APP, Fangzheng Securities released a research report stating a "buy" rating for Kangshifu Holdings (00322.HK). It is expected that the company's operating income for the years 2025-2027 will be 817.64/838.70/860.39 billion RMB respectively, with year-on-year growth rates of 1.38%/2.58%/2.59%. It is also expected that the company will achieve a net profit attributable to shareholders of 42.59/45.82/49.52 billion RMB for the years 2025-2027, with year-on-year growth rates of 14.04%/7.60%/8.07%.