[ET Net News Agency, 30 April 2021] Daiwa raised its target price for Sinotrans (00598)
to HK$4.2 from HK$3.5 and maintained its "buy" rating.
The research house said it lifts its 2021-23E EPS by 7% to reflect the upward revisions
to its 2021 shipping volume assumptions for sea and air forwarding and e-commerce, given
stronger-than-expected shipments in 1Q21. (RC)