HLIB upgrades Leong Hup International to 'buy' on improved near-term earnings prospects

HLIB upgrades Leong Hup International to 'buy' on improved near-term earnings prospects

The Edge Markets - Malaysia·2021-02-08 15:02

KUALA LUMPUR (Feb 8): Hong Leong Investment Bank (HLIB) Research has upgraded its rating for Leong Hup International Bhd (LHI) a to "buy" (from a "hold" earlier), given the improving near-term earnings prospects and more palatable valuation following recent share price retracement — which has declined more than 20% since six months ago.

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