BofA raises Sino Biopharmaceutical target to HK$7.3 amid China drug innovation

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  • BofA Securities raised Sino Biopharmaceutical’s target price and reiterated its Buy rating.
  • HK$7.3 became Sino Biopharmaceutical’s new target price, up from HK$7.1.
  • BofA met nine healthcare companies and one oncology expert during its Shanghai sector tour.
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