Credit Suisse, in the latest research report, initiated its Neutral rating on HUISHANG BANK (03698.HK) +0.010 (+0.305%) Short selling $36.44K; Ratio 0.031% ,
with a target price of $3.5, implying a 4% potential upside. Based on
the research house's China bank scorecard system, Huishang Bank scores
9.45, ranking 12th out of 20 listed China banks, with better asset and
loan mix and capital.
UCD (01599) plans to raise Rmb600m from A shares issue Beijing Urban Construction Design & Development Group (UCD) (01599) said it proposes to apply for initial public offering of Renminbi ordinary shares and listing. The number of public issuance of shares amounts to not more than 149.86 million shares. The issuance price of A shares shall not be lower than Rmb2.91 per share. The total proceeds raised from the issuance of A shares amount to Rmb600 million, which will be used for upgrading and reconstructing project of the design centre, the national engineering...
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