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china aluminum: Gaosheng upgraded the judge to neutral.
- China Aluminium Network
- Post Time: 2007/3/19
- Click Amount: 633
Gaosheng stock reported that the rate of china aluminum has been upgraded to neutral. The target price increased from 4 hongkong dollars to 8.35 hongkong dollars.
It said that the net profit of china aluminum last year was 11.75 billion yuan, 3% higher than market expect. It was believed that the demand of architecture project and power construction will push the aluminum in a high price.
The price of alumina is expected to be higher by 13% so that the earning of per share will be higher by 65% to 0.65 yuan RMB.
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