Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Real-Time Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
RTNominal down5.790 -0.040 (-0.686%)

23/06/2020 15:04

{I-bank focus}HSBC raises Want Want China (00151) to HK$8.12

[ET Net News Agency, 23 June 2020] HSBC Qianhai Securities Research raised its target
price for Want Want China Holdings (00151) to HK$8.12 from HK$7.59 and maintained its
"buy" rating.
The research house believes Want Want's FY2019 lower-than-expected revenue and net
profit growth was sluggish product demand in 4Q. Management indicated that, excluding 4Q
results, rice crackers, dairy beverages, and snack foods recorded high single-digit
growth, mid-single-digital growth, and low single-digit decline for 1Q-3Q.
With sales restoring double-digit growth, HSBC is positive on future channel expansion.
But it lowered its FY2020-21 attributable net profit estimates by 4.4% and 2.9%, on the
back of lower revenue and net profit growth in FY2019. (KL)

Remark: Real time quote last updated: 07/08/2020 17:58
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2020 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.