Dahua Capital's Jixian: Raises target price of BiZhou ShenZhou (06160.HK) to HK $252, maintains "buy" rating.

date
07/11/2025
According to the Wise Finance APP, Dahua JiXian released a research report stating that BeiGene (06160.HK) saw a 43.3% increase in third-quarter revenue to $3.8 billion, with adjusted net profit of $693 million, beating expectations of the bank and the market. The company has raised its 2025 revenue guidance and slightly lowered its cost forecast. The strong sales prospects of BRUKINSA and improvements in operational efficiency are expected to drive steady profit and cash flow growth. In addition, efficient progress in research and development is expected to support the company's sustainable long-term growth. Maintaining a "buy" rating on the stock, with an H-share target price raised from HK$240 to HK$252.