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00322 TINGYI
RTNominal up11.100 +0.180 (+1.648%)
Research Report

12/10/2023 14:10

{I-bank focus}CCB lowers Tingyi (00322) to HK$13

[ET Net News Agency, 12 October 2023] CCB International lowered its target price for
Tingyi (00322) to HK$13 from HK$14.2 and maintained its "outperform" rating.
The research house said it lowers FY23F earnings forecast by 8% to factor in
slower-than-expected sales growth and higher GPM pressure in 2H23F. (RC)

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