Yunnan Energy New Material's Recent Share Price Correction May Be Overdone -- Market Talk
Yunnan Energy New Material's Recent Share Price Correction May Be Overdone -- Market Talk
DJ Yunnan Energy New Material's Recent Share Price Correction May Be Overdone -- Market Talk
DJ云南能源新材料近期股价回调可能过头--市场谈话
0313 GMT - Yunnan Energy New Material's recent share-price correction may be overdone, Daiwa Capital says. China's current power curbs will likely have a limited impact on the operations of the packaging materials company, as its facilities are mainly located in Zhuhai and Shanghai, which have yet to be affected by the restrictions, Daiwa says. Yunnan Energy's ability to grow its capacity despite the current equipment shortage in the industry is also a major plus, as it could boost its market share gains over 2022-2023, Daiwa adds. Daiwa maintains its buy rating and target price of CNY397. Shares are 4.9% higher at CNY277.70. (justina.lee@wsj.com)
0313GMT-大和资本表示，云南能源新材料最近的股价回调可能过头了。大和表示，中国目前的电力限制措施对这家包装材料公司的运营影响可能有限，因为其设施主要位于珠海和上海，这两个地区尚未受到限制的影响。大和补充说，尽管目前行业设备短缺，云南能源仍有能力扩大产能，这也是一个主要优势，因为它可能会在2022-2023年期间提高市场份额。大和维持买入评级及目标价397元人民币。股价上涨4.9%，至人民币277.70元。(justina.lee@wsj.com)
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September 29, 2021 23:13 ET (03:13 GMT)
2021年9月29日23：13美国东部时间(格林尼治标准时间03：13)
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