Group 1 - The core viewpoint of the article is that China CNR Corporation Limited (中国中车) is expected to benefit from a stable growth trend in the rail transit equipment industry, despite a slowdown in revenue and profit growth in the third quarter due to rapid delivery of train sets in the first half of the year [1] - Huatai Securities forecasts that the demand for new train sets and advanced repairs in the rail transit equipment sector will maintain a steady upward trend [1] - The earnings per share estimates for China CNR from 2025 to 2027 are projected to be 0.51 yuan, 0.53 yuan, and 0.57 yuan respectively [1] Group 2 - The target price for the H-shares of China CNR has been raised from 7.42 HKD to 7.66 HKD [1] - Huatai Securities continues to maintain a "buy" rating for China CNR [1]
研报掘金丨华泰证券:中国中车可望受惠于业界持续高景气 上调H股目标价至7.66港元