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Sinotrans downgraded to Sell from Neutral at Goldman Sachs

Sinotrans downgraded to Sell from Neutral at Goldman Sachs

Goldman Sachs downgraded Sinotrans (SNOTF) to Sell from Neutral with a price target of HK$3.60, down from HK$4.10. The firm sees increasing external headwinds to the company’s domestic exports under U.S. tariff and trade policies.

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