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Trending Industry Today: CHINA LONGYUAN Leads Losses In Green Energy Stocks
Trending Industry Today: WEICHAI POWER Leads Losses In Hydrogen Energy Stocks
Deutsche Bank: Downgrades CHINA RES GAS Target Price to 24 HKD, rating "Hold".
Deutsche Bank released a Research Report stating that CHINA RES GAS (01193) saw its net profit drop 22% year-on-year to 4.1 billion HKD last year, while core profit remained flat at 4.1 billion HKD, which was below expectations, mainly due to weak operational performance in the second half of last year. The group aims to increase residential gas connections by 2.3 million to 2.5 million this year, and after discussions with real estate developers, management believes that the new gas connection business may stabilize next year. The bank has downgraded the group's earnings per share forecast for 2025 to 2026 by 23%, lowering the Target Price from 30.5 HKD to 24 HKD, with a rating of 'Hold', while being Bullish on ENN ENERGY (02688) and China.
ENN Energy Likely to Benefit From Privatization Offer, Dual-Listing Plan -- Market Talk
ENN Energy Holdings Target Price Raised to HK$73.70 From HK$58.40 by UOB Kay Hian >2688.HK
ENN Energy Holdings Raised to Buy From Hold by UOB Kay Hian >2688.HK
104561753 : BANK OF E ASIA?
Jackss OP 104561753 : The company's cash flow is very poor, indicating high risk.![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)