[ET Net News Agency, 7 April 2022] Daiwa lowered its target price for Air China (00753)
to HK$6.5 from HK$6.8 and maintained its "buy" rating.
The research house said it expects a larger net loss for 2022 than before and lowers
2023E EPS by 5% due to the latest pandemic outbreak in China likely delaying a passenger
demand recovery. (RC)