[ET Net News Agency, 2 April 2024] HSBC Global Research lowered the target price for
China Feihe (06186) to HKD3.95 from HKD4.10 and maintained the "hold" rating.
The research house said it believes the company's earnings are sensitive to the demand
in the IMF market, and the declining trend in 2023 might continue into 2024. (RC)