Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
00694 BEIJING AIRPORT
RTNominal up2.370 +0.030 (+1.282%)
Others

16/11/2017 17:26

[I-bank focus]Goldman trims Beijing Airport to HK$11.7

[ET Net News Agency, 16 November 2017] Goldman Sachs trimmed its target price for
Beijing Capital International Airport (BCIA)(00694) to HK$11.7 from HK$12.5, and
maintained its "neutral" rating.
BCIA yesterday announced an agreement with its parent company, Capital Airports Holding
to extend its retail management agreement relating to the operation and management of its
international retail operations. This will run from 1 January 2018 to 31 December 2020.
The research house said rates agreed implying costs to BCIA will be higher than Goldman
had expected. The fees payable under BCIA's new retail management agreement are 22% of its
annual retail revenues ( Goldman estimated 12%). Henec, Goldman cut its 2017-19 EPS
forecasts by 0-10%. (KL)

Remark: Real time quote last updated: 28/03/2024 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.