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2007 - Country Garden Holdings Co News Story

HK$11.84 0.2  1.9%

Last Trade - 13/12/19

Sector
Financials
Size
Large Cap
Market Cap £25.18bn
Enterprise Value £43.13bn
Revenue £48.89bn
Position in Universe 46th / 5953

BUZZ-Property manager Country Garden Services hits record high, Daiwa raises TP

Mon 28th October, 2019 3:45am
** Shares of Chinese property management services provider
 6098.HK  rise as much as 4.4% to an all-time peak of HK$26.35
    ** Brokerage Daiwa lifts PT to HK$28.70 from HK$25.10,
saying it raises the firm's 2019-21 revenue and profit forecast
to factor in robust business potential from its service projects
    ** Daiwa maintains "buy" vs average analyst rating of "buy",
according to Refinitiv data; median PT is HK$24.60
    ** Guangdong-based co's stock has more than doubled this
year, as of last close
    ** The Hong Kong Hang Seng sub-index tracking property firms
 .HSNP  gains 1% on Monday 
    ** The Hang Seng China enterprises index  .HSCE  climbs
1.01% and the benchmark index  .HSI  rises 1.2%

 (Reuters Messaging: donny.kwok.thomsonreuters.com@reuters.net)
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