＜Research＞UBS Upgrades BRILLIANCE CHI (01114.HK) to Buy, Cuts TP to $3.5

AASTOCKS

2024-07-17 14:25

BRILLIANCE CHI (01114.HK) demonstrated its willingness to reward shareholders through dividend declaration, which is believed to change the Company&#3...

　　BRILLIANCE CHI (01114.HK) -0.030 (-0.802%) Short selling $6.33M; Ratio 15.685% demonstrated its willingness to reward shareholders through dividend declaration, which is believed to change the Company's investment thesis, UBS released a research report saying.

　　UBS upgraded BRILLIANCE CHI from Neutral to Buy, and cut its target price from $4 to $3.5. UBS expected the Company to declare a dividend of $2 per share in the coming year.

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-17 12:25.)

　　Related NewsJPM: GWMOTOR (02333.HK) Records Another Strong Qtr Earnings in 2Q24; Rating Overweight

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