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<Research>Macquarie Initiates Coverage on EASTROC with Rating Outperform & TP HKD345
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EASTROC (09980.HK) is the second-largest player in China's functional beverage industry with a market share of 23% by value, according to a Macquarie research report. By volume, the company would have been the largest player with a 26.3% share.

With its extensive channel penetration and efficiently managed sales tracking system, EASTROC is expected to continue expanding its market share.

Related NewsCiti Initiates Coverage on EASTROC (09980.HK) w/ Buy Rating, TP $408.8
Macquarie has initiated coverage on EASTROC with an Outperform rating and a target price of HKD345.
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