The Zhitong Finance App learned that Citibank released a research report saying that it has carried out a 30-day positive catalyst observation on C&D International (01908.HK) and is optimistic that the pace of land acquisition will accelerate in June and enter Qianhai, Shenzhen for the first time. At the same time, the removal of existing projects has improved, and product upgrades will drive up sales. It is expected that more new listings will be launched in September, which can drive sales growth. The bank reiterated its “buy” rating of C&D International. The target price remained at HK$18.8, and it was regarded as the industry's preferred stock.
Zhitongcaijing · 5d ago
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The Zhitong Finance App learned that Citibank released a research report saying that it has carried out a 30-day positive catalyst observation on C&D International (01908.HK) and is optimistic that the pace of land acquisition will accelerate in June and enter Qianhai, Shenzhen for the first time. At the same time, the removal of existing projects has improved, and product upgrades will drive up sales. It is expected that more new listings will be launched in September, which can drive sales growth. The bank reiterated its “buy” rating of C&D International. The target price remained at HK$18.8, and it was regarded as the industry's preferred stock.
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