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55599 UB#HSI RC2607W (R BULL)
RT Nominal up0.465 +0.040 (+9.412%)

29/08/2024 15:40

{I-bank focus}HSBC lowers Shenzhou Intl (02313) to HKD84.2

[ET Net News Agency, 29 August 2024] HSBC Global Research lowered the target price for
Shenzhou Intl (02313) to HKD84.2 from HKD88.6 and maintained the "buy" rating.
The research house said it lowers 2025e/26e net profit by 9.1% and 9.0% on 10.1% and
10.8% lower revenue forecasts, with no more room to further lift margins. (rc)

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