花旗:降信義光能(0968.HK)評級至中性 目標價下調至18.5港元
花旗發表研究報吿指,雖然信義光能(0968.HK)去年淨利潤勝預期,但在管理層業績指引中,預料下半年供應充裕,光伏玻璃售價料最少下降30%至每噸30元人民幣以下。該利將集團評級從買入下調至中性,目標價從22.3港元下調至18.5港元。
花旗表示,光伏玻璃當前最高價為每噸43元人民幣,從過去5年來看,集團股價與光伏玻璃市場價格高度相關,價格下降與行業產能增加有關。該行將評級下調至中性而非沽售,因為集團財務狀況良好,持有淨現金。

Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.