According to the Zhìtōng Cáijīng APP, U-presid China (00220) rose nearly 5% in the afternoon. As of press time, it rose 4.96% to HKD 7.2, with a turnover of HKD 35.3396 million.

According to a research report released by Daiwa, the target price of U-presid China has been raised from HKD 4.9 to HKD 6.6, and the rating has been correspondingly upgraded to "synchronize with the market." The company may face more severe competition in Q2 of the 2024 fiscal year, which will lead to a slowdown in sales growth and weaken its sales leverage effect. It is expected that the company's sales in the 2024 fiscal year will increase by 8%. The bank believes that the company's better product portfolio and lower promotion level may continue in the 2024 fiscal year, effectively improving the company's profit margin.

CICC stated that Uni-President China continues to promote product innovation, actively lay out the sugar-free tea track, such as launching new products such as Uni-President sugar-free green tea "Chun Fu Green Tea", 900ml sea words electrolyzed water, NFC tomato juice, etc.; in the past few years, the company has improved its channel power, and the results have gradually shown. CICC also stated that Uni-President China's beverage business maintains a relatively high level of prosperity, and its full-year profit margin is expected to be restored. It is bullish on the company's full-year performance. The company's target price has been raised by 11% to HKD 8.3, and it maintains an "outperform the market" investment rating.