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| HSI1 | 22,881.02 | -145.66 | 308.05B |
| HSCEI1 | 7,558.30 | -47.04 | 109.39B |
| Back Zoom + Zoom - Block Traded | |
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2026-06-29 16:06:34 CHINA GAS HOLD (00384.HK)'s net profit for FY2026 dropped 16% YoY, HSBC Global Investment Research said in a report. Excluding one-off items, the broker estimated its core profit at HKDB2.8 billion, down 17% YoY. DPS was axed 30% to HKD0.35, and the company indicated that this will be the bare minimum in the foreseeable future. As the broker had previously highlighted the company's cash flow pressure and dividend downside risk, it believed the dividend reduction did not deal a heavy blow to the market. However, given the company’s continued earnings weakness, the broker expected limited upside to the dividend. The broker lowered its TP on CHINA GAS HOLD from HKD6.6 to HKD6.1 and maintained a Hold rating. ~ AASTOCKS Financial News Website: www.aastocks.com | |