--- title: "Bank of America Securities has a positive outlook on EB ENVIRONMENT's plan for A-shares, expecting a valuation reassessment" type: "News" locale: "zh-HK" url: "https://longbridge.com/zh-HK/news/266117486.md" description: "Bank of America Securities has a positive outlook on EB ENVIRONMENT's plan to issue RMB shares, expecting this move to attract more mainland investors and prompt the company to adopt a clearer dividend policy, potentially triggering a valuation reassessment. Bank of America Securities reiterated a \"Buy\" rating with a target price of 5.3 yuan" datetime: "2025-11-17T04:12:46.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/266117486.md) - [en](https://longbridge.com/en/news/266117486.md) - [zh-HK](https://longbridge.com/zh-HK/news/266117486.md) --- > 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/266117486.md) | [English](https://longbridge.com/en/news/266117486.md) # Bank of America Securities has a positive outlook on EB ENVIRONMENT's plan for A-shares, expecting a valuation reassessment Bank of America Securities published a research report stating that EB ENVIRONMENT (00257.HK) plans to issue RMB shares for listing on the Shenzhen Stock Exchange, with an issuance scale not exceeding 800 million shares. The funds raised are expected to be used for developing its main business and supplementing working capital. They hold a positive view on this, anticipating it will provide shareholders with a clearer dividend policy and trigger potential valuation re-rating. Bank of America Securities noted that approximately 31% of EB ENVIRONMENT's shares are currently held by investors through the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect. They expect that the issuance of RMB shares will attract a broader range of domestic investors, including insurance funds and mutual funds. Given that insurance funds traditionally increase their holdings in utility stocks and prefer dividends, this will encourage EB ENVIRONMENT to adopt a clearer dividend policy. They reaffirmed a "Buy" rating with a target price of HKD 5.3 ### 相關股票 - [EB ENVIRONMENT (00257.HK)](https://longbridge.com/zh-HK/quote/00257.HK.md) ## 相關資訊與研究 - [Journeo wins £2.4m UK utility contracts for high‑security infrastructure protection](https://longbridge.com/zh-HK/news/281145027.md) - [Disclosure of the total number of voting rights and shares composing the share capital as at March 31, 2026](https://longbridge.com/zh-HK/news/281398872.md) - [BYD deploys 5,000th flash charging station as it targets 20,000 sites this year](https://longbridge.com/zh-HK/news/281313602.md) - [Alchemy Labs Inc. Files Preliminary Prospectus for Initial Public Offering of Units](https://longbridge.com/zh-HK/news/281195716.md) - [Genuit Strategy Chief Buys Shares in Regulatory-Disclosed Deal](https://longbridge.com/zh-HK/news/281346847.md)