[ET Net News Agency, 23 September 2021] Credit Suisse lowered its target price for
China Rail Cons (01186) to HK$9 from HK$9.24 and maintained its "outperform" rating.
The research house said it revises down EPS estimates for 2021-23E by 3%, on slower
top-line growth assumption from both construction and property development segments, as
well as slightly higher bad debt provision assumptions. (RC)