-
BofA Merrill Lynch, in its latest research report, maintained the Neutral rating for MTR CORPORATION (00066.HK)  -0.100 (-0.315%)     Short selling $8.61M; Ratio 8.318%     with target price lifted 3% to $32. Despite the public concern over the dealy in the Guangzhou-Shenzhen-HK Express Rail, the 1H results of MTR has shown the core advantage in HK retail/station rental. (Quote is delayed for at least 15 mins.Short Selling Data as at 2014-08-26 16:25.)

Comments

Post a Comment

Popular posts from this blog

-
Shanghai Pechem (00338.HK) Trading Sell Last price: HK$2.43 Resistance: HK$2.60 Support: HK$2.27/2.13 Shanghai Pechem closed lower at HK$2.43 in a long dark candle yesterday, short of the 0.38x retracement level at HK$2.41. Given that the Slow Stochastics has breached the previous low and the MACD is under the centreline, the stock is likely to test the 0.5x retracement level at HK$2.27. If the stock breaches this support, it will then test the 0.62x retracement level of HK$2.13. Expected Timeframe: 2 weeks to 2 months   Wisdom Group (01661.HK) Trading Sell Last price: HK$5.47 Resistance: HK$5.65 Support: HK$5.22/4.96 Wisdom Group gapped down to re-enter the moving average envelope yesterday on strong volume. With reference to the downside bias of both the Williams’ %R Indicator and the ROC, we expect the stock to test the moving average of the envelope at HK$5.22. If the stock crosses below the moving average of the ...
Read more
-
UBS stated that CHINA OVERSEAS (00688.HK)    -0.250 (-1.199%)      Short selling $52.21M; Ratio 13.458%     achieved 78% of annual sales target in October, which was decreased by 15 ppts compared with same period last year. It is believed that the decrease was due to the weak sentiment and structural oversupply in certain tier 2 and lower-tier cities. UBS expected that the group could achieve a year-on-year contracted sales growth of 5% in 2015. The target price of China Overseas was decreased from $25.8 to $23.81. The rating was maintained at Neutral
Read more
-
UOBKH lifts Shenhua Energy (01088) to HK$28  UOB Kay Hian lifted its target price for Shenhua Energy (01088) to HK$28 from HK$26, and reiterated its "buy" rating.   The research house said Shenhua remains our preferred name among Chinese coal names because of its competitive advantages: (a) integrated coal-power-transport model cushions against well-diversified risks; (b) continues to strengthen low-cost position; (c) solid  balance sheet; and d) strong cash generation ability.   Based on its operations and 2017's positive profit alert, UOBKH believes Shenhua has achieved improvements across all seg...
Read more