According to the Sino-Thai International research report, Ch...
According to the Sino-Thai International research report, China's economic recovery, increased demand for tap water, and the government's water price policy will all drive the development of China's water utilities. The company's piped drinking water business is expected to explode, and the spin-off listing plan may increase the company's overall market value. Despite pressure from rising interest rates, companies are able to offset these pressures by increasing the share of renminbi borrowing and reducing the growth rate of net interest expenses. Investors are optimistic about the company's prospects and think there is a lot of room for the stock price to rise.
China-Thailand International: Reiterates China Water (00855)'s “buy” rating target price of HK$7.6
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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