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RTNominal down3.800 -0.010 (-0.262%)
Research Report

15/01/2024 15:46

{I-bank focus}J.P. Morgan raises Brilliance Chi to HKD5.8

[ET Net News Agency, 15 January 2024] J.P. Morgan raised its target price for
Brilliance Chi (01114) to HKD5.8 from HKD2.8 and upgraded its rating to "overweight" from
The research house said with sufficient cash on hand, it believes the company will be
able to distribute ~40-50% of 2023E earnings in dividends (including disposal gains from
divestment in BBA stake) or ~HK0.7-0.9/shr this year (or ~16-21% yield). (RC)

Remark: Real time quote last updated: 12/07/2024 17:59
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