The Zhitong Finance App learned that CMB International released a research report stating that it will lower the target price of Zhonglian Heavy Industries (01157.HK) H shares from HK$9.1 to HK$8.2, maintaining a “buy” rating. The company's net profit for the third quarter fell 26% year on year, mainly due to weak overseas business growth and weak revenue growth due to the war in the Middle East and Ukraine.

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