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| HSI1 | 23,867.08 | +84.94 | 56.01B |
| HSCEI1 | 8,806.36 | +50.99 | 23.91B |
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2025-03-11 12:57:46 HUADIAN POWER (01071.HK) will announce its FY2024 results on 27 March, and earnings are expected to be in line with the market consensus, implying a 2024 H-share projected dividend yield of 6%, HSBC Global Research issued a research report saying. The 2025 earnings visibility improved. HSBC Global Research believed that HUADIAN POWER will achieve the highest earnings growth among peers. Therefore, the broker raised its 2025 earnings forecast by 15%, and added its target price from $4 to $5. HSBC Global Research believed that the market's past concerns about electricity tarrifs have been priced in, and that the current valuation of HUADIAN POWER's H-shares, which is equivalent to a projected PB ratio of 0.8x, is undemanding. HSBC Global Research estimated that 2025 anticipated H-share dividend yield of 9% and the expected 32% YoY increase in earnings are attractive, and has. Therefore, the broker upgraded HUADIAN POWER's H-shares from Hold to Buy. ~ AAStocks Financial News Web Site: www.aastocks.com | |