CCCC Roadshow Takeaway: PPP and Overseas Market Remain Pillars of Growth; FVE Maintained at HKD 12.5
We recently attended a reverse road show held by no-moat China Communication Construction Corporation, or CCCC, and had a rare opportunity to visit the Hong Kong-Zhuhai-Macao bridge. We walked away confident that CCCC will meet our 9% net income growth forecast in 2017. In the longer term, the public-private partnership, or PPP, and overseas contracting will remain the most important pillars of net earnings growth. The increasing regulatory scrutiny may weigh on near-term growth in the PPP marke...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.