[ET Net News Agency, 4 January 2024] Daiwa lowered its target price for China Longyuan
(00916) to HKD8.82 from HKD9.2 and maintained its "buy" rating.
The research house said it expects the 2023 net profit to grow by 58% YoY to RMB7761m,
with the company announcing a positive profit alert in January. (RC)