CLSA Says PetroChina a Good Deal in Face of Market Slowdown



CLSA Asia-Pacific Markets claims PetroChina is a best "buy" despite lowering its target price from HK$20 to HK$16, reported ET Net News Agency out of China.

The research house reported to ET Net News that PetroChina's 5% dividend yield offers "good protection against a market slowdown."

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