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BofAML Raises GREAT EAGLE H (00041.HK) Target to $32; Rated Buy
Bank of America Merrill Lynch said in its report that GREAT EAGLE H (00041.HK)  -0.200 (-0.709%)    Short selling $7.15M; Ratio 40.749%   outperformed peers since the beginning of this year, mainly bolstered by positives, such as adding stakes of chairman. The research house remained bullish on the shareholders' return as a result of the active asset transactions by the management of the company. The target price was raised from $30 to $32 to reflect improvement in fundamentals with rating of Buy. 
Bank of America Merrill Lynch considered Hong Kong hotel business has showed signs of bottoming out and the sturdy share price of CHAMPION REIT (02778.HK)  -0.010 (-0.253%)    Short selling $1.47M; Ratio 12.284%   can sustain the valuation of the company. 

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