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中金：升合景泰富(01813)目标价至13.6港元 维持“优于大市”评级

CICC: Raising Jingtai Fu's (01813) target price to HK$13.6 to maintain “superior to the market” rating

智通财经 ·  Feb 17, 2020 11:06

The Zhitong Finance App learned that CICC released a report saying that Hejing Taifu (01813) has good land reserves and a stable financial situation, so it raised its target price by 24% to HK$13.6, maintaining its “superior to the market” rating.

CICC said that considering Hejing Taifu's regional layout, there is a high degree of certainty about the launch of new listings and sales deployment throughout the year. The company's core net profit is expected to increase 30% year-on-year this year, and is expected to increase 25% year-on-year in 2020 and 2021.

CICC also said that Hejing Taifu is expected to split its property management sector in the second half of this year and conservatively estimate that the fair value of its business will be distributed to the current tradable stock worth more than HK$1 per share, which has some support for the company's current valuation.

The translation is provided by third-party software.


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