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Daiwa lifts Hengan Int'l (01044) to HK$92.8
Daiwa Research lifted its target price for Hengan
International Group (01044) to HK$92.8 from HK$87.4, and maintained its "buy" rating.
  The research house expects Hengan's tissue paper revenue to continue to recover in 2018,
supported by likely price hikes and a newly incentivised sales force following 
implementation of the Amoeba sales system.
  Given its status as the country's largest tissue paper manufacturer, Daiwa thinks Hengan
will be the main beneficiary of the industry-wide ASP hikes that it expects this year. 

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