BOC maintained the purchase investment rating of Hengding Industrial (01393-HK) and set a target price of 10.73 yuan, corresponding to 14 times the 2012 dynamic PE. According to BOC, the company's 2010 turnover was RMB 2,437 million, up 63.0% year on year, and profit attributable to the company's shareholders was RMB 670 million, up 65.7% year on year. The company's core profit per share for 2010 was RMB 0.325, higher than the bank's previous forecast of RMB 0.276. Hengding Industrial rose 1.1% yesterday to close at HK$7.34.
交银维持恒鼎实业(01393-HK)买入评级，看10.73元
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.