'Buy' call on Zhongmin Baihui despite TWC advice
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Singapore
THE Singapore Exchange (SGX) has slapped a "Trade With Caution" (TWC) warning on the shares of Chinese department store operator Zhongmin Baihui Retail Group but one brokerage appears to be brushing that off.
Phillip Capital issued a note this week maintaining its "buy" call on the stock with a target price of S$1.73, without mentioning the TWC at all.
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