Yunnan Energy New Material's Recent Share Price Correction May Be Overdone -- Market Talk
Yunnan Energy New Material's Recent Share Price Correction May Be Overdone -- Market Talk
DJ Yunnan Energy New Material's Recent Share Price Correction May Be Overdone -- Market Talk
DJ雲南能源新材料近期股價回調可能過頭--市場談話
0313 GMT - Yunnan Energy New Material's recent share-price correction may be overdone, Daiwa Capital says. China's current power curbs will likely have a limited impact on the operations of the packaging materials company, as its facilities are mainly located in Zhuhai and Shanghai, which have yet to be affected by the restrictions, Daiwa says. Yunnan Energy's ability to grow its capacity despite the current equipment shortage in the industry is also a major plus, as it could boost its market share gains over 2022-2023, Daiwa adds. Daiwa maintains its buy rating and target price of CNY397. Shares are 4.9% higher at CNY277.70. (justina.lee@wsj.com)
0313GMT-大和資本表示，雲南能源新材料最近的股價回調可能過頭了。大和表示，中國目前的電力限制措施對這家包裝材料公司的運營影響可能有限，因為其設施主要位於珠海和上海，這兩個地區尚未受到限制的影響。大和補充説，儘管目前行業設備短缺，雲南能源仍有能力擴大產能，這也是一個主要優勢，因為它可能會在2022-2023年期間提高市場份額。大和維持買入評級及目標價397元人民幣。股價上漲4.9%，至人民幣277.70元。(justina.lee@wsj.com)
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September 29, 2021 23:13 ET (03:13 GMT)
2021年9月29日23：13美國東部時間(格林尼治標準時間03：13)
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