CITIC Lyon: First Huicai Holdings (01180) “Outperform the Market” Rating Target Price HK$1.3

Zhitongcaijing · 10/18 02:49

The Zhitong Finance App learned that CITIC Lyon released a research report saying that the first Huicai Holdings (01180) “outperforms the market” rating and expects rapid profit recovery and net cash conditions in the first quarter of 2025, which will enable the company to maintain a high structural dividend in 2024-26, with a target price of HK$1.3. Based on a projected price-earnings ratio of 4.2 times in 2025 and a 10.6% dividend rate, the bank believes that the market has not paid enough attention to the company's business performance after 2025 as the manager of the Macau Jinbi Huicai Casino.