Oct. 2, 2009 (China Knowledge) - U.S.-based financial holding company JPMorgan Chase & Co retained its "neutral" rating for China Resources Land Ltd<1109> and cut the stock's target price from HK$21 to HK$20.
JPMorgan Chase said in a statement that the property developer's net profit from core business surged 40% year on year to HK$610 million in the first six months of this year, 30%
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