[ET Net News Agency, 4 June 2021] HSBC Global Research lowered its target price for
DFZQ (03958) to HK$4.3 from HK$6 and maintained its "hold" rating.
The research house said it lowers its net profit (and EPS) estimates by 16.7% in 2021e
and 26.2% in 2022e. 2021-22e CAGR EPS decreases from 19.9% to 9.8% and 2021 and 2022e ROEs
by 1.4ppt and 2.3ppt to 4.9% and 5.1%, respectively. (RC)