[ET Net News Agency, 7 March 2024] Daiwa lowered the target price for Xinyi Energy
(03868) to HKD1.1 from HKD1.75 and upgraded the rating to "hold" from "sell".
The research house said it trims 2025E dividend payout ratio from 75% to 50%, with
management stressing on no substantial changes before 2025E. (RC)