Wei Yi reaches the market rises 8.97% Dahua to buy

Source: Internet
Author: User
Keywords hk
Tags .net consolidation continued export group market net net profit
Wei Yida Group (00303-HK) Rose 8.97%, reported 47.40 Hong Kong dollars, a deal of HK $2788.50, the stock continued yesterday's rally momentum yesterday, Rose 8.21%.  UOB raised its rating from holding to buy, while its target price was raised from HK $27.70 to HK $48.80, after a return to 9 times times the target P/E ratio after a new rating of export-related companies. The bank said it was a survivor of the economic winter, benefiting from industry consolidation and expected strong performance, with a net profit of $172 million and $203 million for the 10-11 fiscal year, respectively.
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