{I-bank focus}Nomura lowers Sino Biopharm (01177) to HKD8.67

  Nomura lowered the target price for Sino Biopharm (01177) to HKD8.67 from HKD9.17 and maintained the "buy" rating.
  The research house said it fine-tunes FY26F/FY27F topline by 1.9%/-1.6% and cuts earnings estimates by 2.8%/7.3%.