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.)
CLSA lowers Beijing Ent Water (00371) to HK$6 CLSA cut its target price for Beijing Enterprises Water (BEW)(00371) by 8% to HK$6, and reiterated its "buy" rating. The research house said BEW's share price has dropped 14% in the last two trading days. First, the 2017 earnings results are below expectations. Second, management is guiding for 20-25% net profit growth for 2018, versus 30% in the past few years. Management now has a cautious approach to water PPP (public-private partnership) projects, which is not necessarily bad. CLSA cut its 2018-19 earnings forecasts by...
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