BNP downgrades Cheung Kong 2001 profit forecast by 22%

BNP has downgraded Cheung Kong Holdings (0001) 2001 profit forecast by 22% to HK$11.69 earnings per share, up 38.6% vs previous due to the expectation of Hutchison Whampoa (0013) special project income decreased.  But BNP still maintained Cheung Kong¡¦s rating ¡¨outperform market¡¨, and the target price was set at HK$115.  

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