not vested
<Research Report>SA SA INT'L (00178.HK) kept Neutral, target reduced to $5.6 - JPM
Jun 27, 2014
According to the latest research report by JP Morgan, the financial results of SA SA INT'L (00178.HK) were broadly in line with market consensus.
Same-store sales had climbed 1.5% since 1Q due to slower growth of tourists from China.
Although the strong growth in transactions will help relieving market concern, statistics recorded last several quarters pointed out the sales momentum in HK and Macau has weakened.
Target price of SA SA INT'L was trimmed from $6.8 to $5.6, and rating was retained at Neutral.
Source: AAStocks Financial News