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Warburg International rose 3.41% credit rating to win the big city

Source: Internet
Author: User
Keywords Hong Kong Dollar Warburg
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Hua Bao International (00336-HK) is now up 3.41%, reported 8.79 Hong Kong dollars, a deal of HK $1.7517 million, the stock is now winning the big city, the index rose 2.03%.　　Credit Suisse's first comment on the stock market, a target price of HK $9.75; The bank said that its earnings were not only defensive but also highly robust, so the unit should have a higher valuation than it is now, and is now 15.3 times times the forecast price/earnings ratio for fiscal year 11 (up to March). The bank also refers to, Warburg International is China's dominant tobacco flavor provider, the market share of 43%, is the upcoming industry integration, the main beneficiaries of cigarette product upgrades, and Warburg mainly for the best-selling brand supply.

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