HSBC Research Maintains Hold Rating on CHINA GAS HOLD; First Half Results Disappoint
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 01 2025
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Source: aastocks
Company Performance: HSBC Global Research reported that CHINA GAS HOLD (00384.HK) experienced worse-than-expected results for 1HFY26, attributed to weak sales, reduced interest income, and a decline in government subsidies.
Stock Rating and Price Target: The company's rating remains a Hold, with the target price increased from HKD7.2 to HKD7.6 despite a 24.2% fall in interim net profit to $1.334 billion.
Analyst Views on 00384
Wall Street analysts forecast 00384 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00384 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 7.610
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Current: 7.610
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
