Morgan Stanley raised the target price for China Railway (00390) to HKD6.2 from HKD6.1 and maintained the "overweight" rating.
The research house said it expects revenue growth to slow down to low single-digits YoY in 2024 and operating cash flow should decline YoY on cash collection pressure from local governments.
etnet健康網購 | 6月限定優惠【送:明目藍莓精華36:1】乙樽► 火速行動