According to CIMB Securities, the profit warning of Shanshui Cement (0691.HK) was surprising. It lowered its profit forecast for the 13-15 fiscal year by 16%-19%, cutting the target price by 17% to HK$4.3; however, it is believed that after entering the peak season, Shanshui's profit in the second half of the year will rebound strongly, once again outperforming the market ratings.
CIMB重申山水(0691.HK)跑赢大市评级，目标价降至4.3港元
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