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>HSBC Research Adds CHINA GAS HOLD (00384.HK) TP to $7.2, Keeps Rating at Hold
CHINA GAS HOLD (00384.HK)'s annual net profit increased by 2% YoY, HSBC Global Research issued a research report saying. Excluding one-off items, core profit would slip by 14% ...
Reset
Send
The window will close in 5 seconds
<Research>HSBC Research Adds CHINA GAS HOLD (00384.HK) TP to $7.2, Keeps Rating at Hold
Close
Recommend
6
Positive
13
Negative
6
 
 

CHINA GAS HOLD (00384.HK)  +0.230 (+3.042%)    Short selling $18.08M; Ratio 15.356%   's annual net profit increased by 2% YoY, HSBC Global Research issued a research report saying. Excluding one-off items, core profit would slip by 14% YoY, below the expectations of the market and the broker.

This is mainly due to a decrease in the profit and volume of connection services, flattish retail gas sales and lower-than-expected contributions from subsidiaries and associates, offsetting the expansion in dollar margins and value-added services.

Related NewsCiti Reiterates Sell on CHINA GAS HOLD; FY26 Outlook Probably Unfavorable
HSBC Global Research lowered its earnings forecasts, but added its target price from $6.7 to $7.2 based on new assumptions for equity cost and capital expenditure, with rating kept at Hold. The current yield of 6.8% is considered attractive, and is believed to limit downside risk for the share price.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-04 16:25.)

AASTOCKS Financial News
Website: www.aastocks.com

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.