Zhi Tong Cai Jing·2026-02-24 07:11Core Viewpoint - UBS research report identifies WH Group (00288) as a top industry pick for the past two years due to its unique integrated operating model, which includes packaged meat products, fresh pork, and pig farming, with diversified operations across China, the US, and Europe [1] Group 1 - UBS raises the target price for WH Group from HKD 8.5 to HKD 11 and reiterates a "Buy" rating [1] - The company is expected to enter a phase of lower earnings volatility, benefiting from a more stable outlook for US pig prices and a strategic shift towards higher-margin packaged meat products, which will enhance earnings visibility and shareholder returns [1] Group 2 - UBS has adjusted WH Group's earnings per share forecasts for 2025 and 2026 upwards by 1% and 4% respectively, anticipating year-on-year growth of 7% and 4% [1]