Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
00656 FOSUN INTL
RTNominal down4.710 -0.060 (-1.258%)
Others

13/07/2018 15:50

[I-bank focus]Nomura starts Fosun Int'l (00656) at HK$21.13

[ET Net News Agency, 13 July 2018] Nomura initiated coverage on Fosun International
(00656) with a "buy" rating, and a target price of HK$21.13.
It said Fosun shares have been range-bound for the past two years, on a variety of
concerns at different points in time, leading to compelling valuations currently.
Nomura believes that mainland institutional investors have taken the early regulatory
scrutiny over Fosun (in December 2015) as a quasi-assurance that Fosun has likely become
more compliant in its practices.
It anticipates net profit for FY2018-20 to be CNY14,955mn, CNY17,033mn and CNY19,392mn,
respectively, with a 3-year CAGR of 14%, reflecting the future business enhancement
capabilities under the Customer-to-Maker (C2M) strategy. (KL)

Remark: Real time quote last updated: 08/05/2024 18:00
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2024 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.