Stocks
Goldman Sachs Sticks to Sell Rating for China Overseas Property Holdings
Goldman Sachs analyst Yi Wang has maintained a Sell rating for China Overseas Property Holdings (CNPPF).
The price target is set at HK$3.65, which represents a relatively modest decrease compared to the current market value.
China Overseas Property Holdings reported quarterly revenue of HK$8.6 billion and net profit of HK$654.27 million for the quarter ending December 31.
In comparison to last year's figures, this represents an increase in revenue but a decrease in net profit.