[ET Net News Agency, 29 April 2024] Macquarie lowered the target price for China Edu
Group (00839) to HKD8.7 from HKD8.9 and maintained the "outperform" rating.
The research house said it lowers FY24E/FY25E adjusted net income 1.0%/1.7% on lower
gross margin, partially offset by higher revenue. (rc)