[ET Net News Agency, 20 August 2024] Citi lowered the target price for China Res Beer
(00291) to HKD42.2 from HKD50.15 and maintained the "buy" rating.
The research house said it has trimmed 24E/25E NP forecast by 10%/12% on 4%/5% cut in
top-line assumptions. (rc)