** Shares of beverages and instant noodles maker Uni-President China Holdings fall 6.1% to HK$6.78, their lowest since Sept. 19, and on course for the second consecutive session of decline

** Stock on track for the biggest one-day pct drop since Oct. 8

** Uni-President Enterprises Corporation's Hong Kong-listed unit said its 9-month profit amounted to 1.64 bln yuan ($227.05 mln)

** Jefferies, which has "Buy" rating on the stock, says the firm's 3Q24 net profit of 670 mln yuan is lower than estimated

** Says the firm's management forecasts gross profit margin expansion to continue for beverages in 4Q24 and it also targets a sustainable growth rate for noodles with sales recovering to 10 bln yuan in 2024

** Hang Seng Commerce & Industry Index falls 1.3%, Hang Seng Composite Industry Index tracking consumer staples

slips 0.7% and Hang Seng Index eases 1%

** Stock of Hong Kong-listed firm up 24.1% YTD

($1 = 7.2230 Chinese yuan renminbi)

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))