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 Slightly Raises CHINA RES GAS TP to HKD19; Rating Kept Neutral
After the sharp underperformance against the market since its FY24 results release, CHINA RES GAS (01193.HK) is believed to have finally stabilized, though no recent improvements i...
Reset
Send
The window will close in 5 seconds
<Research>JPM Slightly Raises CHINA RES GAS TP to HKD19; Rating Kept Neutral
Close
Recommend
12
Positive
6
Negative
12
 
 

After the sharp underperformance against the market since its FY24 results release, CHINA RES GAS (01193.HK)  +0.040 (+0.195%)    Short selling $9.66M; Ratio 5.916%   is believed to have finally stabilized, though no recent improvements in key operational indicators have been observed to drive the stock price upward, JPMorgan said in its research report.

In the broker's opinion, the earnings of CHINA RES GAS' city gas business may remain under pressure due to limited growth in sales volume, gross margin expansion, and a continued decline in new connection volume.

Related NewsDaiwa Slashes CHINA RES GAS TP to HKD16 w/ Rating Sell; Internal Issues Possibly in Play
CHINA RES GAS' target price was mildly raised from HKD18.5 to HKD19, while a Neutral rating remaining in place.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-09-05 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.