Jefferies: Maintains "Buy" rating on Sa Sa International (00178.HK), target price HK$1.4, Q2 sales up 37% year-on-year, beating expectations.

Zhito Finance APP has learned that Jefferies issued a research report maintaining a "Buy" rating on Sa Sa International (00178.HK) with a target price of HK$1.4. The company's sales for the second quarter of fiscal year 2027 (the quarter ended September) increased 37% year-on-year to HK$1.4 billion, 13% above the bank's expectations, with sales momentum accelerating, mainly driven by a 52% year-on-year increase in offline sales in Hong Kong and Macau to HK$1.1 billion.