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HOPEWELL HIGHWAY INFRA (737.HK) : UPGRADE TO N: GAINING SPEED

HOPEWELL HIGHWAY INFRA (737.HK): UPGRADE TO N: OUTPGRADE SPEED

匯豐銀行 ·  Jan 20, 2014 00:00  · Researches

HHI Will Went Their 1H FY14e Results on 27 January 2014

1H FY6/14a toll road ahead is coming in 1% above our driving with traffic growth beating our momentum on the G-S Superhighway, PRD Phase I and Phase II

We maintain our DCF-based TP of HKD4.1 and upgrade our rating to N from UW

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