Market Performance: The Hong Kong bourse experienced a mixed morning session, with the HSI fluctuating between a low of 25,591 and a high of 25,871, ultimately closing down 22 points at 25,759.
Tech Sector Movements: Major tech stocks like TENCENT and BABA-W saw slight gains, while others like XIAOMI-W and KUAISHOU-W faced declines, reflecting varied investor sentiment in the sector.
Aviation and Consumer Stocks: Rising oil prices negatively impacted aviation stocks, leading to declines in CHINA SOUTH AIR and CHINA EAST AIR, while new consumer stocks like POP MART and MIXUE GROUP experienced significant drops.
Pharmaceutical Sector Declines: The pharmaceutical sector faced broad declines, with companies such as WUXI BIO and HENGRUI PHARMA reporting losses of over 3%, indicating a challenging environment for the industry.
Wall Street analysts forecast 00670 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00670 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast 00670 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00670 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 5.160
Low
Averages
High
Current: 5.160
Low
Averages
High
HSBC
HSBC Global Research
maintain
Al Analysis
2025-11-26
Reason
HSBC
HSBC Global Research
Price Target
Al Analysis
2025-11-26
maintain
Reason
The analyst rating from HSBC Global Research for AIR CHINA, CHINA EAST AIR, and CHINA SOUTH AIR is a "Reduce" due to the direct risk to their earnings posed by the reduction of flights to Japan, which have been highly profitable for these airlines since the pandemic. The extension of flight reductions, particularly covering the lucrative Lunar New Year holiday, is expected to negatively impact their financial performance. In contrast, TONGCHENGTRAVEL and TRIP.COM-S received "Buy" ratings as they are anticipated to benefit from increased domestic travel demand and travelers shifting to other international destinations.
BofA Securities
BofA Securities
Underperform
maintain
$4.2, $2.0, $3.1, RMB61.2
2025-11-04
Reason
BofA Securities
BofA Securities
Price Target
$4.2, $2.0, $3.1, RMB61.2
2025-11-04
maintain
Underperform
Reason
The analyst rating from BofA Securities is based on the mixed 3Q25 results of the four Chinese airlines. They reiterated an Underperform rating for AIR CHINA, CHINA EAST AIR, and CHINA SOUTH AIR due to ongoing pressure on domestic ticket prices, which poses downside risks to their earnings for 2025-26. In contrast, they assigned a Buy rating to SPRING AIRLINES, highlighting its cost leadership and expected steady growth in the same period.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.