GO
| HSI1 | 19,720.70 | -31.81 | 178.46B |
| HSCEI1 | 7,143.88 | -8.25 | 87.21B |
| Back Zoom + Zoom - Block Traded | |
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2024-12-19 09:56:04 According to a report from Citi, GUANGDONG INV (00270.HK) plans to distribute over 73% of its holdings in GD LAND (00124.HK) as a special dividend to its shareholders on January 21, 2025. After excluding related property sales losses and asset impairments, the broker raised its 2025-2026 net profit forecasts for GUANGDONG INV by 36-41%. In anticipation that GUANGDONG INV's 6.7% yield in 2025 will be the highest among Hong Kong utility stocks, Citi set its target price for the company at $7.3, while reiterating a Buy rating. ~ AAStocks Financial News Web Site: www.aastocks.com | |