Snack maker Want Want China at year low, Credit Suisse downgrades

Want Want China Holdings

10/10/2018 04:31

** Shares in Hong Kong-listed food manufacturer Want Want
China Holdings Ltd  0151.HK  dive as much as 7.5 pct to HK$5.66,
lowest since Oct. 13, 2017, after Credit Suisse cuts its
recommendation on the stock
    ** Stock of the rice cracker manufacturer is set for its
worst day since October 2011
    ** Credit Suisse downgrades the stock to "neutral" from
"outperform" and cuts target price for the company to HK$6.2
from HK$8.96
    ** Hong Kong benchmark index  .HSI  rises 0.4 pct

 ((Reuters Messaging:
tingting.liu.thomsonreuters.com@reuters.net))