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China'S 2.61%&Nbsp Rises; Citigroup Maintains Its Rating.

2011/8/9 18:41:00 49

China'S Lang Rise 2.61%

China

lilanz

(01234-HK) HK $2.61% to HK $11, with a turnover of HK $22 million 450 thousand, while the Hang Seng Index rose 1.42% to 22755.14 during the same period.

Citigroup maintained its rating, dropping its target price to HK $12, and the Forecast Ltd rose by 41% to 197 million yuan in the first half of June.


  

Citigroup

He said that the growth of the company's annual business growth was mainly 26% from sales.

Gross profit margin

It expanded by more than 2 percentage points. The bank raised its profit forecast for 6% this year to 585 million yuan in profit to reflect the gross margin performance, with a profit forecast of 0.488 yuan per share.


 

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