Lining Signed Li Feng As A Purchasing Agent
Recently, Li Feng announced and Lining
sign
The agreement became Lining's purchase.
Correspondent bank
At the same time, it expanded its business in China.
Credit Suisse maintains a better rating than the big city, with a target price of HK $48.65.
The purchase agreement between Li Feng and Lining is not exclusive agreement, and profit contribution is not big, but this is another of Li Feng's expansion in Asian market.
Milepost
。
In addition, Credit Suisse also said that the acquisition of li-co dealership has entered the final stage, and 99% of the shareholders of the joint venture chose to accept Li Feng shares as consideration. It is expected that management will provide more details of the paction after the completion of the acquisition, and this factor is also expected to boost profits and trigger a re rating of shares.
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