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23907 JPMIXUE@EC2607A (CALL)
RT Nominal unchange0.013 0.000 (0.000%)

28/01/2026 16:01

UBS lowers MIXUE Group (02097) to HKD468

  [ET Net News Agency, 28 January 2026] UBS lowered the target price for MIXUE Group (02097) to HKD468 from HKD490 and downgraded the rating to "neutral" from "buy".
  The research house said it cuts MIXUE's 2026-27E NP by 7%, mainly reflecting near-term GPM pressure, driven by store-level deleveraging due to rising raw material costs, a higher delivery mix, and intensifying competition. (rc)

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