Differ Group Holding Co Ltd (6878.HK)
​AMC Wanhai initiates with Buy on Differ Group Holding Co Ltd (6878.HK) with a target price of HKD 1.4.
The company is one of the largest non-traditional financing provider serving SMEs in Fujian. With its connect to the local market and experience, we believe, the company’s management is well equipped to take advantage from the boom in local economy which will accrue from Fujian becoming a key part of the Maritime Silk Road. The company’s recent share price fall provides further incentive to investors with long term time horizon to invest in the stock.
Differ Group Holding Company is an investment holding. Co. is principally engaged in the provision of (i) guarantee services, (ii) express loan services, (iii) financial services, (iv) finance lease services and (v) asset management services.
AMC Wanhai Securities is an independent boutique brokerage covering Hong Kong & Asian listed equities for global institutional cilents. The company focuses on equity sales & trading, equity research, asset management and corporate finance.
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