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Hutchison Whampoa drops 2.86% Macquarie Rating 54 HK $

Source: Internet
Author: User
Keywords HONG Kong dollar stock analysts
Tags analysts business closed closed down index market outlook port
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Hutchison Whampoa (00013-HK) closed down 2.86%, reported HK $54.40, a deal of HK $387 million, which today basically synchronized the city, with the index falling 2.64%. Macquarie downgraded the unit to neutral but raised its target price to HK $54. The bank said that the bank had lowered its earnings per share of 09 and 10 to 13% and 8.3% on the basis of the weak performance of the port and telecommunications business. But in response to a rise in global port valuations and a better outlook for the property market in China, the forecast for equity per share was raised by 14% to HK $67.5;

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