Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
01112 H&H INTL HLDG
RTNominal unchange7.970 0.000 (0.000%)
Others

23/11/2018 16:43

[I-bank focus]Deutsche Bank lifts H&H Int'l (01112) to HK$65

[ET Net News Agency, 23 November 2018] Deutsche Bank raised its target price for Health
and Happiness (H&H) International (01112) to HK$65 from HK$55 and upgraded its rating to
"buy" from "hold".
The research house noted that Premier Li Keqiang hosted an executive meeting with the
State Council on 21 November, announcing a plan to further support cross-border e-commerce
(CBEC) from 2019 onward.
DB said CBEC is a major channel for H&H's ANC (adult nutrition and care) sales in China,
and most of its products have not yet obtained registration. Accordingly, the newly
announced plan should largely remove regulation risk on H&H's ANC business.
Meanwhile, unregistered IMF (instant milk formula) will also be allowed to continue
selling through the CBEC channel after 1 January 2019. This could bring increased
competition for H&H's IMF segment. However, DB believes the impact will be limited, given
that H&H's current major channel is still offline.
DB raised its net profit forecast by 5-8% in 2019-20 to factor in the increasing
visibility of ANC sales. (KL)

Remark: Real time quote last updated: 17/09/2024 17:59
  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.