TC

23/12/2024 15:14

{I-bank focus}CCB lowers Shenzhou Intl (02313) to HKD83

  CCB International lowered the target price for Shenzhou Intl (02313) to HKD83 from HKD107 and maintained the "outperform" rating.
  The research house said it looks for 8% revenue growth at Shenzhou in 2H24F driven by an order recovery at Puma and double-digit order growth at Adidas, Lululemon, and domestic sportswear brands.

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