Shun Tak Group raises 19.13% Lyon bid to see HK $6

Source: Internet
Author: User
Shun Tak Group (00242-HK) rose 19.13% to HK $5.48, a deal of HK $214 million, which won the market today, and the index rose 5.26% to 17885.27 points. Lyon suggested buying the unit at a target price of HK $6.  Apart from the proceeds from the second and plaza of the city of Ho, the ferry business also benefited from the stabilisation of oil prices, the bank said. The bank also believes that the Macao gaming industry should be stimulated by a decrease in the profit-and-loss factor, with betting revenues expected to increase by 2% in 09.

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