Morgan Stanley Coverage Rates Guangzhou Airport Overweight'

Morgan Stanley has initiated coverage of Guangzhou Baiyun International Airport (GBIA) with an Overweight rating and price target of RMB15 (US$1.93). "After three painful years following the completion of the new Baiyun Airport, [whose] net profit was down 0.4% from 2003-06, GBIA is entering an...

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