CICC: Reiterating coverage on CIMC Group (02039.HK) with an "Outperform" rating, target price of HK$11

Zhitong Finance APP learned that CICC released research report stating that it once again covers China International Marine Containers Group (000039.SZ) A-shares with an "outperform industry" rating and a target price of 10 yuan, corresponding to a forecast of a 1x P/B ratio in 2025; it also once again covers China International Marine Containers Group (02039.HK) H-shares with an "outperform industry" rating, target price of 11 Hong Kong dollars, corresponding to a forecast of a 1x P/B ratio in 2025, and believes the company is a global leader in logistics and energy industry equipment and solutions providers.