Goldman Sachs Group removed China Rongsheng heavy Industries (1101.HK) from the sure sale list, but lowered its performance forecast, expecting a loss of RMB0.08 per share in FY14 and a renewed profit per share in FY15, reiterating the sell rating, noting that the outlook for the shipbuilding industry was still challenging, with Rongsheng's cash flow deteriorating and its financial weakness, and lowered its target price from HK $1 to HK $0.75.
高盛把熔盛(1101.HK)剔出确信沽出名单，看0.75港元
Goldman Sachs Group took 1101.HK out of the list and looked at HK $0.75.
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