[ET Net News Agency, 3 December 2021] Guotai Junan raised its target price for China
Water (00855) to HK$11.5 from HK$8.5 and maintained its "buy" rating.
The research house said it expects city water supply and construction operation revenue
to grow at a CAGR of 12.8% in FY21-FY24, in which tap water supply services revenue to
increase at a CAGR of 17.6%. (RC)