UBS group: Upgrades air china limited and china southern airlines' rating to shareholding, cathay pac air target price raised to 12 Hong Kong dollars.
UBS Group released a research report stating that it has raised the target price for Air China Limited (00753) from HKD 5.1 to HKD 5.9, and for China South Air (01055) from HKD 4.2 to HKD 4.6, with both ratings upgraded from "neutral" to "shareholding." The target price for Cathay Pac Air (00293) has been increased from HKD 10 to HKD 12, with a rating of "shareholding." The bank indicated a more optimistic outlook on the aviation industry in mainland China and Hong Kong driven by several favorable factors. Looking ahead, the slowdown in RBOB gasoline costs is an important bullish factor as it alleviates one of the major expenses for airlines, thereby supporting profit.
ubs group: Maintains a "buy" rating for goldwind science& technology, with the target price raised to 9.5 Hong Kong dollars.
UBS Group released a research report stating an optimistic outlook for China's turbine original equipment manufacturers. Their analysis shows that considering various factors, including supply and demand dynamics, returns on wind power projects, and geopolitical risks, the Middle East and Africa as well as the ASEAN region are the most favorable markets for China's turbine manufacturers. The preference for turbine manufacturers is ranked as follows: Goldwind Science & Technology (02208), Ming Yang Smart Energy (601615.SH), and SANY Heavy Energy (688349.SH). The target price for Goldwind Science & Technology is raised from 6 HKD to 9.5 HKD, maintaining a 'buy' rating. The bank explained.
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