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27023 MB-FGG @EC2503A (CALL)
RT Nominal up0.280 +0.032 (+12.903%)

10/10/2024 15:03

{I-bank focus}Daiwa lowers Flat Glass (06865) to HKD11.2

[ET Net News Agency, 10 October 2024] Daiwa lowered the target price for Flat Glass
(06865) to HKD11.2 from HKD12 and downgraded the rating to "underperform" from "hold".
The research house said it anticipates a heavy share-price correction for Flat Glass - H
after the irrational share-price rallies since 26 September, given the lack of solid
fundamentals to support earnings growth. (rc)

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