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[2138.HK]CGS CIMB: Maintain UMH 'Add' with a target price of HK$8.14

  • Written by EQS Asia Business News

EQS-News / 21/10/2019 / 07:00 UTC+8

CGS CIMB published its latest report on Union Medical Healthcare (2138.HK). CIMB maintained "Add" with a target price of HK$8.14, based on 20x CY20F P/E. CIMB expects that UMH likely achieved outstanding revenue growth in 1HFY20F despite the social unrest in Hong Kong since July this year. UMH has increased...

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