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00656 FOSUN INTL
RTNominal down4.170 -0.070 (-1.651%)
Research Report

19/01/2024 16:00

{I-bank focus}UBS lowers Fosun Intl (00656) to HKD4.7

[ET Net News Agency, 19 January 2024] UBS lowered its target price for Fosun Intl
(00656) to HKD4.7 from HKD6.3 and maintained its "neutral" rating.
The research house said it expects Fosun's valuation to remain compressed until momentum
in China's economy picks up, its plan to streamline operations is successfully executed,
and DPS to shareholders is sustainably increased. (RC)

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