CTG Duty Free (1880 HK): Our Earnings Forecasts and Views on H-Share Fair Value

294 Views25 Aug 2022 08:15
CDFC's H-share lPO is priced too high relative to fair value based on our earnings forecasts. There are potentially better entry levels when the market becomes more realistic in profit expectations.
Osbert has highlighted this Insight as a Top Pick
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Osbert Tang, CFA
HK/China Equity Long-Short
Hong Kong & ChinaIndustrials & UtilitiesEquity Bottom-UpThematic (Sector/Industry)
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