Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
03898 TIMES ELECTRIC
RTNominal down50.200 -2.150 (-4.107%)
Research Report

06/05/2021 16:40

{I-bank focus}JEF starts CRRC Times Elec (03898) at HK$40.9

[ET Net News Agency, 6 May 2021] Jefferies Research initiated coverage on Zhuzhou CRRC
Times Electric (03898) with a "buy" rating and target price of HK$40.9.
The research house said CRRC Times Electric CTE has proven capability in designs,
manufacture, and selling IGBT (insulated gate bipolar transistor), given its technology
accumulation in HSR (High-speed Rail) and urban railway industry.
Jefferies is constructive on its market share gains under the backdrop of domestication
and EV (electric vehicle) application. It expects the upcoming dual-listing on STAR Board
to trigger a re-valuation given more generous multiples applied in the A-share market.
Jefferies modeled for earnings expansion of 8.3%/8.5% in FY2021/22. (KL)

Remark: Real time quote last updated: 26/11/2021 17:59
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2021 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.