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69767 CT#HSI RC2509B (R BULL)
RT Nominal up0.240 +0.083 (+52.866%)

20/02/2025 14:32

{I-bank focus}Daiwa lowers China Shenhua (01088) to HKD29.5

[ET Net News Agency, 20 February 2025] Daiwa lowered the target price for China Shenhua
(01088) to HKD29.5 from HKD40 and downgraded the rating to "hold" from "outperform".
The research house said against the backdrop of a bearish outlook for the coal price and
stagnant production growth, the mid-term downward trend for earnings is likely to result
in a gradual decline in dividends. (rc)

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