Xin Lang Cai Jing·2025-11-05 06:57Core Viewpoint - UBS has raised the target price for Fosun International from HKD 4.7 to HKD 5.4, maintaining a "Neutral" rating, citing improved market sentiment and liquidity in mainland China and Hong Kong since early April [1] Group 1 - Fosun International's stock price has increased by approximately 20% since early April, supported by improved market sentiment and liquidity conditions [1] - The company is positioned to take advantage of opportunities to divest assets, optimize its asset portfolio, reduce debt, and enhance cash flow for the holding company [1] - The recent rise in stock price has partially reflected these developments, with the stock trading at a 62% discount to net asset value (NAV), which is one standard deviation above the two-year average [1] Group 2 - The potential for value re-evaluation will depend on clearer evidence of ongoing asset sales and an acceleration in macroeconomic momentum [1]