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01918 SUNAC
RTNominal up14.500 +0.780 (+5.685%)
Research Report

15/03/2021 16:33

{I-bank focus}JEF lifts Sunac China (01918) to HK$48.32

[ET Net News Agency, 15 March 2021] Jefferies Research lifted its target price for
Sunac China Holdings (01918) to HK$48.32 from HK$46.17 and maintained its "buy" rating.
The research house said management reiterated its vision of a "healthier" Sunac during
the results briefing, backed by solid proof of its good FY20 results, in line with its
previous tone on balanced and quality growth.
Jefferies is happy to see the company's good deleveraging and sales re-acceleration to
teens % growth (both should support stock re-rating). It raised its 2021-22 EPS forecasts
to RMB7.26/RMB8.06 from RMB7.03/RMB7.58. (KL)

Remark: Real time quote last updated: 17/09/2021 16:10
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