Emkay Global Upgrades Cipla to Add from Reduce; Price Target is INR1,450

Hing Yip Unit to Buy China Assets for Leaseback

Hing Yip (HKG:0132) unit Canton Greengold Financial Leasing agreed to buy to lease back certain assets from Gansu Ruiying Heating for 25 million yuan, according to a Thursday Hong Kong bourse filing.The assets, comprising designated heat supply equipment and facilities in Gansu Province, China, will be leased back to the lessee for six years for a lease payment of 31.2 million yuan.

JM Financial Upgrades Cipla to Buy from Add; Price Target is INR1,546

Heungkuk Securities Upgrades Hanssem to Buy from Hold; Price Target is KRW45,000