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大行评级|大和:上调中国电力目标价至4.3港元 重申“买入”评级

Daiwa: Upgrades china power target price to 4.3 Hong Kong dollars, reiterates "buy" rating.

Gelonghui Finance ·  Oct 14 02:58

According to a research report published by Daiwa, China Electric Power received an asset restructuring proposal from the China Power Investment Corporation. The bank estimates that the potential valuation of this transaction may exceed 100 billion yuan. Investors are advised to pay attention to Yuanda Environmental Protection's further announcement on October 18. In addition, the Group has also benefited from the recent trend of high earnings in state-owned enterprises, providing a dividend yield of 5.5%. Yamato believes that this deal may resolve the market's resistance to China Power's hydropower valuation, reaffirm the Group's “buy” rating, and raise the target price from HK$4 to HK$4.3.

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