IN BRIEF (Page 14)

Airport share target cut

Beijing Capital International Airport Co's share price target was cut 37 percent after reducing the earnings forecasts for 2009 by 98 percent, Macquarie Group Ltd said.

Beijing Airport's 12-month share price target was lowered to HK$6.90 from HK$10.90, Macquarie said in a report released yesterday, which kept the stock's rating at "outperform." The stock's earnings-per-share forecast was also lowered 68 percent for 2010, the report said.