[ET Net News Agency, 22 November 2023] UBS lowered its price target for HK & China Gas
(00003) to HKD5.6 from HKD7.6 and maintained its "neutral" rating.
The research house said it cuts 2023-25E earnings by 19-23% to reflect worse than
expected Chinese gas utilities business while marginally offset by Hong Kong business
growth. (RC)