Credit Suisse said in the latest research report that ZIJIN MINING (02899.HK) -0.040 (-2.094%) Short selling $1.85M; Ratio 6.927% 's
3Q14 net profit increased 24% year-on-year and 46% quarter-on-quarter,
and excluding the one-off gain, the recurring net profit dropped 31%
quarter-on-quarter, mostly in line with expectations. The research house
upgraded its rating on the company from Neutral to Outperform and
lifted the target price from $2.2 to $2.
UCD (01599) plans to raise Rmb600m from A shares issue Beijing Urban Construction Design & Development Group (UCD) (01599) said it proposes to apply for initial public offering of Renminbi ordinary shares and listing. The number of public issuance of shares amounts to not more than 149.86 million shares. The issuance price of A shares shall not be lower than Rmb2.91 per share. The total proceeds raised from the issuance of A shares amount to Rmb600 million, which will be used for upgrading and reconstructing project of the design centre, the national engineering...
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