WH GROUP Opens Down 4.92% Post-Results; Brokers Say Results In Line
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WH GROUPopened down 4.92% at HKD10.05 after announcing its Q1 2026 results, which showed a 6.7% YoY revenue increase to USD6.994 billion and an 8.8% YoY rise in net profit to USD396 million. Citi and M Stanley reported that the results met expectations, with Citi maintaining a Buy rating and raising the target price to HKD12.3, while M Stanley kept an Overweight rating with a target price of HKD12.7. Short selling was noted at $69.69M, with a ratio of 24.731%.
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