[ET Net News Agency, 6 July 2021] Haitong lowered its target price for Shimao Group
(00813) to HK$31.7 from HK$37.3 and maintained its "outperform" rating.
The research house said it is mildly cutting the FY21-22 earnings by around 3% on change
in sales assumption and thus also cut the NAV by around 3%. (RC)