Credit Suisse published a report stating that the proposed spin-off and listing of leased properties by Jiulong Warehouse Group (00004-HK) will not have much of a stimulating effect on stock prices, because the spin-off may not necessarily take place; it is only a potential positive catalyst. The bank raised the target price of Jiucang to 65 yuan, and the rating was “neutral”.
瑞信﹕九仓(00004-HK)分拆计划只属潜在正面催化剂
Credit Suisse: The Jiucang (00004-HK) spin-off plan is only a potential positive catalyst
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