HSBC Global Research raised the target price for Tsingtao Brewery (00168) to HKD59.2 from HKD58.4 and maintained the "buy" rating.
The research house said it lowers 2024-26 earnings estimates by 4-7% to reflect the demand softness amid macro headwinds.
31/10/2024 14:39
{I-bank focus}HSBC raises Tsingtao Brewery to HKD59.2
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