SHANGHAI (AFX-ASIA) – Goldman Sachs said it has initiated coverage of China Oilfield Services Ltd (HK 2883) (COSL) with an “outperform” rating, with a price target of HK$2 in view of COSL’s steady earnings growth, dominant position in the market and bright outlook of the oilfield services industry. (US$1=HK$7.78). “We expect COSL to remain dominant…

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