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BELLE From "Buy" To "Neutral"
UBS BELLE 01880.HK rating from "buy" to "neutral", the target price to maintain 11.6 yuan. The report indicates that the quality of Chinese consumer stocks has improved and transparency has improved, supporting the steady performance of shares in the market. Based on strong liquidity, BELLE is still the most optimistic consumer unit in the bank, but the stock price has already won 26% this year, and the current price is limited.
BELLE shares fell two days, losing 50 antennas this morning, reporting $10.22, or 3.77%.
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