[ET Net News Agency, 3 January 2025] HSBC Global Research lowered the target price for
Xinyi Glass (00868) to HKD7.3 from HKD10.7 and maintained the "hold" rating.
The research house said it expects demand to decline in 2025 as property completion is
likely to continue its downward trend given the weak property new starts in previous
years. (rc)