Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
01813 KWG GROUP
RTNominal down0.237 -0.007 (-2.869%)
Others

06/12/2019 16:43

{I-bank focus}CICC lifts KWG Property (01813) to HK$11

[ET Net News Agency, 6 December 2019] CICC Research lifted its target price for KWG
Property Holding (01813) by 26% to HK$11 and maintained its "outperform" rating.
The research house expects sustainable sales growth at KWG. CICC thinks the firm will
safely achieve its 2019 sales target of Rmb85bn (+30%). It projected Rmb190-200bn of total
saleable resources in 2020 to deliver sales of around Rmb110bn (+30% YoY).
CICC thinks the potential inclusion of three en-bloc offices and over HK$20bn of
resources in Hong Kong could lend support to product supply in 2020. It estimated core net
profit of Rmb4.9bn in 2019 (+30%) and Rmb6.3bn in 2020 (+26.5%), and the firm may continue
to achieve solid growth of around 25% in 2021. (KL)

Back to Others

Remark: Real time quote last updated: 18/04/2024 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.