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China Shenhua continues to raise 5% Goldman Sachs list

Source: Internet
Author: User
Keywords Premium HKD sure
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China Shenhua H shares continued to be strong this morning, with shares rising 4.57% per cent to HK $27.45 a week after a marked rise, closing 25.64 million shares.　　Goldman Sachs issued a report saying that the stock rating from neutral to buy, and added to the firm's purchase list, the target price from HK $28 to 35 Hong Kong dollars, based on the total value of the coal business in the 2010 fiscal year forecast P/E ratio is 14 times times higher than the market premium of 28%. Goldman Sachs points to a 2%-41% increase in China Shenhua's 2009-2011 fiscal year forecast, as demand for the industry as a whole will grow.

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