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25295 MBCSHIP@EC2512A (CALL)
RT Nominal unchange0.051 0.000 (0.000%)

13/09/2024 14:39

{I-bank focus}HSBC lowers COSCO Ship Engy (01138) to HKD7.5

[ET Net News Agency, 13 September 2024] HSBC Global Research lowered the target price
for COSCO Ship Engy (01138) to HKD7.5 from HKD9 and maintained the "hold" rating.
The research house said it cuts 2024-25e net profit estimates by 9-20%, driven by lower
TCE assumptions. (rc)

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