Citi: Maintaining Conch's Environmental Protection (00587) “Buy” Rating Target Price Reduced to HK$2.1
Citi lowered Conch Environmental (00587)'s profit forecast for the 2024 and 2025 fiscal years by 52% and 48%.
Express News | Goldman Sachs raised its copper price target by 20% to $12,000 per ton by the end of the year.
Goldman Sachs: To stimulate supply, copper prices need to rise to 15,000 US dollars
Goldman Sachs raised the forecast value for copper prices this year from 10,000 US dollars/ton to 12,000 US dollars/ton, indicating that copper prices must rise to 15,000 US dollars/ton next year to avoid a supply gap. Goldman Sachs expects the copper density of AI data centers to increase from 25 tons to 40 tons per megawatt.
Express News | Ministry of Finance: From January to March, the total revenue of state-owned and state-owned enterprises across the country increased by 3.2% year on year, and total profit increased 2.8% year on year.
Express News | Goldman Sachs raised its year-end copper target to $12,000 per ton
Chiho Environmental Group Swings to Loss in 2023 as Revenue Falls
Chiho Environmental Group (HKG:0976) swung to a loss of HK$19.2 million, or HK$0.01 per share, in 2023, from a profit of HK$237.4 million, or HK$0.16 per share, in 2022, according to the company's ann