New Austrian gas is up 0.33%, China to maintain buy 15 HK $

Source: Internet
Author: User
Keywords Hong Kong dollar gas
Tags access access fee index market recovery stock
New Austrian gas (02688-HK) is now up 0.33%, a report of 12.02 Hong Kong dollars, a deal 1.5147 million shares, the stock is currently winning the big city, the index fell 1.21%. UOB maintained the stock-buying rating and also raised its target price from HK $10.50 to HK $15.00, the equivalent of 13.8 times times the expected P/E ratio for the 2010 fiscal year.  Dahua said that the sale of property and the expected recovery in the second half of this year, which eliminates the market's concerns about gas-access fee revenues, will increase gas sales for new Austrian gas. The bank said gas-access revenues remained the main profit growth point, which accounted for 63% of the company's 08 total profit; Last year's drop in property sales sparked fears, but strong property sales this year showed a clear recovery in the property market, which is good for the dividend.

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