Passengers wearing face masks, amid concerns of the Covid-19 coronavirus, queue at check-in counters at Shanghai Pudong International Airport in Shanghai on March 18. Photo: AFP
Shanghai Airport divides traders, analysts as stock slumps below price target by widest margin in 13 years
- The difference between Shanghai Airport’s stock price and analysts’ price target is the widest since 2007
- Fund managers and equity analysts are at odds on the valuation as pandemic slams global travels and stock prices
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China stock market
Passengers wearing face masks, amid concerns of the Covid-19 coronavirus, queue at check-in counters at Shanghai Pudong International Airport in Shanghai on March 18. Photo: AFP