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Given that SA SA INT'L (00178.HK)  +0.040 (+0.748%)    Short selling $1.39M; Ratio 31.604%   updated its sales figures earlier, Deutsche Bank reduced the company's sales growth forecasts for 2015-2017 from 8%, 10% and 12% to 7%, 9% and 12% respectively to reflect the slowdown in sales growth in Hong Kong during 2H2015 and the eased sales as a result of the adjustment to the operation mode in mainland.
The bank maintained the Hold rating for the stock, with target price cut by 6% to $5.46

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