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京华山一首予明辉国际(03828-HK)买进评级，目标价定为2.21港元

A song from Jinghua Mountain was bought and rated by Minghui International (03828-HK). The target price was set at HK$2.21

京華山一證券（香港）有限公司 ·  Oct 18, 2011 14:47  · Researches

The Jinghuashan song was bought and rated by Minghui International (3828.HK). The target price was set at HK$2.21.

Jinghua Shanyi expects Minghui International's profit margin to rise as the contribution of high-margin retail businesses increases.

The bank expects the group's retail business to continue to be the main driver of growth in the future.

Jinghua Shanyi expects Minghui International's same-store sales growth to remain strong, with a year-on-year increase of 13% in fiscal year 2011. The group plans to open 500 new franchise stores in fiscal year 2011.

Minghui International rose 3.85% yesterday to close at HK$1.08.

The translation is provided by third-party software.


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