News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
<Research>JPM Drops CHINA LONGYUAN's TP to $7.2, Rating Overweight
CHINA LONGYUAN (00916.HK)'s 2024 results signaled a gloomy outlook, and its stock price has already reflected a number of negative factors, according to a report from JPMorgan....
Reset
Send
The window will close in 5 seconds
<Research>JPM Drops CHINA LONGYUAN's TP to $7.2, Rating Overweight
Close
Recommend
5
Positive
12
Negative
8
 
 

CHINA LONGYUAN (00916.HK)  +0.090 (+1.364%)    Short selling $19.24M; Ratio 10.682%   's 2024 results signaled a gloomy outlook, and its stock price has already reflected a number of negative factors, according to a report from JPMorgan.

In response to the question from investors on how the 100% renewable energy trading policy will affect the company's operations, CHINA LONGYUAN said that an efficient cost structure is an important area of concern, which can be achieved in part through economies of scale.

Although JPMorgan agrees that CHINA LONGYUAN has certain strengths in this regard, it believes that the new policy has muddied the tariff outlook.

JPMorgan cut its target price for CHINA LONGYUAN to $7.2 from $7.3 and kept the Overweight rating unchanged.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-22 16:25.)

AAStocks Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.