Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Real-Time Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
RTNominal down22.800 -0.300 (-1.299%)
Research Report

29/06/2020 14:40

{I-bank focus}Huatai lowers China Gas (00384) to HK$39

[ET Net News Agency, 29 June 2020] Huatai Research lowered its target price for China
Gas Holdings (00384) to HK$39 from HK$41 and maintained its "buy" rating.
The research house said China Gas's FY2020 results were in line with its forecasts.
Huatai cut its net profit forecasts for FY2021/22 by 9%/5% to reflect lower gas sales
volume growth.
To reflect the impact from COVID-19, Huatai revised down its gas sales volume growth
forecasts for China Gas to 20%/23% for FY2021/22 (previous: 28/25%), with dollar margin
stable. It remains positive on China Gas's earnings outlook for FY2021, considering
China's economic reboot, stringent pandemic control to prevent a further resurgence of
COVID-19, and inflow of Russian Gas to Northeast China. (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.