Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
RTNominal up2.380 +0.040 (+1.709%)
Research Report

07/05/2021 17:57

{I-bank focus}Morgan slashes China Jinmao (00817) to HK$3.98

[ET Net News Agency, 7 May 2021] Morgan Stanley slashed its target price for China
Jinmao Holdings (00817) to HK$3.98 from HK$5.66 to reflect the uncertainty in the earnings
outlook, and poor track record of execution. Morgan maintained its "overweight" rating due
to the abundant landbank and attractive valuation.
The research house revised down its core earnings by 19.8% and 26.6% in 2021/22 to
reflect the revised revenue and projects acquired in 2017-18 with a lower margin.
Morgan expects Jinmao's contract sales to continue their robust trend, with a 20% growth
target in medium term. (KL)

Remark: Real time quote last updated: 30/11/2021 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.