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Heng on international half-a-dollar down 0.42% MO + target price of HK $39

Source: Internet
Author: User
Keywords HKD gross margin wooden paddle
Tags index stock
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Heng on International (01044-HK) fell 0.42%, a 35.80 Hong Kong dollar, a deal of HK $23.995 million, which won the big city in early trading, and the index fell 1.32%. JPMorgan maintained its neutral rating but raised its target price from HK $30 to HK $39. The line refers to Heng an eight-month low price of wooden paddle stock, can support its gross margin in the rest of the year to be expanded; The bank also raised the 09 and 10 earnings forecasts for 9% and 10% to 1.909 billion and HK $2.259 billion, and advised investors to seize the opportunity to market in 32 to 33 Hong Kong dollars.

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