Jefferies cuts Haitian stock target from CNY 46.00 to CNY 43.00

Published on 10/08/2026 at 11:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Haitian reported CNY 16.15 billion revenue for the first half, up 6.00 percent. For Haitian stock this means a CNY 43.00 Jefferies target.

Haitian, CNE100001SL2, Illustration mit AI erstellt.

Jefferies cut its target for Haitian stock from CNY 46.00 to CNY 43.00 on August 31, 2026, while keeping a Buy rating, according to MarketScreener. The revision puts the analyst view below the earlier target while leaving the rating unchanged.

Sales growth supports the case

Haitian reported CNY 16.15 billion in revenue for the first half of 2026, compared with CNY 15.23 billion in the first half of 2025, according to Yahoo Finance. Operating profit increased from CNY 4.66 billion to CNY 4.96 billion, while net profit attributable to shareholders rose 7.20 percent to CNY 4.19 billion in the same period.

The revenue comparison shows continued expansion, but the lower target indicates that valuation and execution remain important to the analyst case. The first-half figures provide a stronger operating reference than the target alone because they link the market view to a defined reporting period.

Buyback adds a capital signal

Haitian repurchased 400,000 A shares for RMB 13.286 million and 100,000 H shares for HKD 2.703 million on September 28, 2026, according to FUTU. The two-part transaction shows that capital returns continued across both listed share classes.

Haitian also completed its acquisition of Amoy Food on September 11, 2026, a move intended to combine distribution channels and production networks, according to Yahoo Finance. That transaction adds an integration task beside the buyback and the analyst target reset.

Shanghai shares remain below the yearly high

Haitian shares on the Shanghai Stock Exchange were last at CNY 33.86 on October 8, 2026 at 3:00 p.m. CST, up 2.08 percent from the prior close of CNY 33.17. The market capitalization was CNY 188.3 billion, and the 52-week range was CNY 31.60 to CNY 42.45 on the same date, leaving the share price 20.24 percent below the high.