US business Rose 7% Merrill Lynch reiterated buy 9.2 yuan

Source: Internet
Author: User
Keywords hk
Tags business company continue driving driving force force highlighting listing
Business in the United States fell back today, but the share price rose 6.63% to HK $8.69 a day, trading 503,000 shares.  The Merrill Lynch report said that the target price was raised from HK $7.35 to HK $9.2 to maintain the stock's rating, which was extended to the 10 fiscal year, or 18.3 times times the forecast P/E ratio, at a slight premium of 6% per cent. Merrill Lynch, which has long insisted on highlighting regional strategies through its own expansion and mergers and acquisitions, believes these will continue to be the driving force for future growth. The company also considered going to the main board listing, which could potentially increase investor participation and increase the liquidity of the unit.
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