Hengan names Li Weiliang CFO and Jefferies rates Hengan stock Hold

Published on 10/07/2026 at 06:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Li Weiliang returned as CFO on September 9, 2026, for three years. Hengan stock has a HKD 23.90 target, with RMB 0.70 due October 9.

Hengan, KYG4402L1510, Illustration mit AI erstellt.

Hengan named Li Weiliang executive director and group chief financial officer effective September 9, 2026, while Hengan stock remains tied to a weaker first-half earnings picture. New Timespace reported that Li received a three-year service contract with annual remuneration of HKD 3,500,000.

Leadership change meets weaker sales

The appointment followed internal management changes and gives Hengan a returning finance chief with prior experience at the company. MarketScreener listed the appointment alongside Hengan's interim dividend of RMB 0.70 per share, payable on October 9, 2026.

That governance move sits beside a mixed operating update. According to FilingReader on September 9, 2026, revenue fell 6.10 percent year over year to RMB 11.09 billion in the six months ended June 30, 2026.

Margin improvement offsets pressure

Profit attributable to shareholders declined 8.70 percent to RMB 1.25 billion for the same six-month period, showing that stronger profitability did not fully offset lower sales. Gross profit margin rose 3.00 percentage points to 35.30 percent, while operating profit improved 12.60 percent to RMB 1.98 billion, according to Futubull in its September 9, 2026 report summary.

The contrast is important for the stock: lower volume and profit point to demand pressure, while the margin and operating-profit gains show a benefit from raw-material costs and product mix. E-commerce and new retail sales grew 4.60 percent to more than RMB 4.25 billion during the period, accounting for 38.30 percent of total sales.

Target remains above Hong Kong quote

MarketScreener reported that Jefferies cut its target from HKD 25.20 to HKD 23.90 on August 20, 2026, while keeping a Hold rating. The HKD 23.90 target lies 23.45 percent above the HKD 19.36 Hong Kong quote available at 11:47 a.m. HKT on October 7, 2026.

The Hong Kong price stood 0.94 percent above its HKD 19.18 52-week low and remained below the HKD 29.96 high. Market capitalization was HKD 22.3 billion on October 7, 2026, giving the leadership change and interim results a valuation context without removing the demand risk.

Stock stays near yearly low

Hengan stock's market picture therefore combines a 0.94 percent cushion above its yearly low with a 23.45 percent gap to the Jefferies target. The Lang & Schwarz prior close was EUR 2.19 on October 5, 2026.

The further course of trading is shown by the continuously updated real-time quote of Hengan stock.