M N 18 Jun 2024 CMB International Global Markets | Equity Research | Company Update Cafe De Coral (341 HK) Gaining market share under a weak macro FY24 results were decent. However, given such macro weakness (CDC has Target Price HK$11.15 actually outperformed the industry), we have to trim our earnings forecast. (Previous TP HK$14.82) But because of our high hope of the new management, CDC’s defensive Up/Downside 28.4% nature and its attractive dividend yield, we maintain BUY. Current Price HK$8.68  HK ma ...