Core Viewpoint - The report from Credit Lyonnais indicates that Fosun Pharma's Q2 performance shows resilience, with a quarterly revenue increase of 7.2% and a net profit increase of 22.5%, primarily driven by strong sales of innovative products [1] Group 1 - The new Employee Stock Ownership Plan (ESOP) is expected to provide greater visibility for growth and alleviate market concerns following leadership changes [1] - The company successfully completed two licensing agreements for independently developed molecules [1] Group 2 - Credit Lyonnais has raised its core profit forecast for Fosun Pharma for the years 2023 to 2027 by approximately 13% to 21% [1] - The target price for Fosun Pharma's H-shares has been increased from HKD 15.6 to HKD 29.6, while maintaining an "outperform" rating [1]
大行评级|里昂:上调复星医药目标价至29.6港元 第二季业绩具韧性