JPMorgan Chase raised the target price of Xinyi Gl

  • Detail

JPMorgan Chase raised the target price of Xinyi Glass

JPMorgan Chase published a research report, raising the target price of Xinyi Glass (5. 97, 0. 17, 2. 93%, real-time market of economic communication) (00868 gradually began to create) from 6. HK $8 was raised to 8. 8 Hong Kong dollars, the rating maintained overweight

JP Morgan Chase said that the market demand for glass in 2011 is still strong due to the haze in major cities, and Xinyi Glass is one of the largest and diversified glass manufacturers in the mainland, involving the after-sales market of automotive glass, architecture, solar energy and float glass. The bank believes that the demand for glass in the mainland market is strong, and the bank's 2011 earnings per share of Xinyi is estimated to be 0.5% or faster. HK $72, 50% higher than the market

motong pointed out that recently, the price of Xinyi float glass was 2500 yuan per unit, which was high in recent three years. The bank estimated that the price would drop 14% from the current level in 2011. The 2011 sales forecast was increased by 9. 2% to 101. HK $6.1 billion, with a gain of 10. 2% to 25. HK $200million

the application of economic internal recycling carbon fiber composite technology provides the best choice for automobile lightweight. In April 2021, China Chengdu Construction Expo will talk with you about new opportunities in the industry

in 2020, with the outbreak of the global epidemic to the effective control of domestic epidemic prevention and control, great changes have taken place in the global economic situation, and China is moving forward under the strong strategic deployment of national policies [details]

Copyright © 2011 JIN SHI