摩根士丹利：上调中国神华目标价至38港元

Group 1 - Morgan Stanley raised China Shenhua's net profit forecast for the fiscal year 2024 by 6.8%, citing a recovery in demand and the company's strong position in the coal industry as a leading enterprise benefiting from rising coal prices [1] - China Shenhua is noted for having the strongest balance sheet among its peers, indicating potential for increased dividends [1] Group 2 - The target price for Shenhua's H-shares was increased from HKD 35.1 to HKD 38, while maintaining an "Overweight" rating [2]