The Zhitong Finance App learned that ICBC International released a research report saying that it maintains the “buy” rating of China Water (00855) with a target price of HK$8.22. Currently, the stock price is lower than the historical average. The company's direct drinking water continued to grow rapidly during the pandemic. The share of revenue in fiscal year 2023 rose to 6% of total revenue, and the bank estimates that it will rise to 18% in 2025.
工银国际：维持中国水务(00855)“买入”评级 目标价8.22港元
ICBC International: Maintaining China Water's (00855) “Buy” Rating Target Price of HK$8.22
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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Risk Disclaimer
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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