BYD Electronics fell 0.6% and downgraded to weaker than the big city

Source: Internet
Author: User
Keywords hk
Tags .mall business discount electronics market netbook operations stock
BYD Electronics fell back this morning, the share price a small fall 0.58% to 5.14 Hong Kong dollars, 2.69 million shares.  Daiwa issued a report that downgraded the stock from holding to a weaker market, but raised the 6-month target price from HK $2.19 to HK $4.39, the equivalent of 12 times times the 2009 fiscal year, but still at a discount of 15% on the market. Daiwa, BYD's new electronics Business (netbook assembly) is progressing slowly, and the rebound factor in its core handset accessories and assembly operations in the second half of 2009 has been largely digested in recent stock downgrades.
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