UOB:First gave LU SHUGU 02698.HK a "buy" rating, with a target price of 41 Hong Kong dollars.

According to the WiseFinance APP, UBS released a research report stating that it has initiated a "buy" rating on Hengan International Group Company Limited (02698.HK) with a target price of 41 Hong Kong dollars. The company is uniquely positioned to capture the long-term structural growth of consumer healthcare products in Africa, benefiting from favorable population structure, low category penetration rates, and decades of economic and consumption growth. As a regional leader, it has a strong competitive advantage in terms of scale, localization in manufacturing, distribution, and execution capabilities.