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27656 CI-NWD @EC2508A (CALL)
RT Nominal up0.044 +0.023 (+109.524%)

06/02/2025 15:22

{I-bank focus}HSBC lowers New World Dev (00017) to HKD3.66

[ET Net News Agency, 6 February 2025] HSBC Global Research lowered the target price for
New World Dev (00017) to HKD3.66 from HKD4 and maintained the "reduce" rating.
The research house said it lowers FY25e-27e earnings by 3.2-6.8% to reflect higher
interest expenses. (rc)

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