[ET Net News Agency, 12 May 2021] Daiwa raised its target price for China Longyuan
(00916) to HK$11.9 from HK$11.5 and downgraded its rating to "outperform" from "buy".
The research house said its 2021-23E EPS are 5-7% above the consensus, likely due to its
higher assumptions for RE installations and lower cost assumptions. (RC)