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BOC International increases China resources target price

Source: Internet
Author: User
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BOC International reported that the target price of China Resources Land (01109.HK) was raised from HK $12.4 to HK $15.3, but its investment rating was lowered from "buy" to "hold". The report means that China Resources has raised HK $4.3 billion per share of HK $14.34, which will eliminate the uncertainty of the allotment and further strengthen the company's assets and liabilities, but it may also trigger a market concern about the sector's renewed rights.

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