HKEX (00388.HK) +3.400 (+2.046%) Short selling $29.91M; Ratio 4.029% 's
share price will be under pressure in the short term, but given that
the Shanghai-Hong Kong Stock Connect is expected to be launched within
the year, the Buy rating was reiterated with target price maintained at
$195, Bank of America Merrill Lynch said in a report.
CITIC Annual Net Profit Up 1.8% to $43.902B; Final Div $0.25 CITIC (00267.HK) -0.160 (-1.447%) Short selling $8.89M; Ratio 25.055% announced that for the year ended December 2017, net profit rose 1.8% yearly to $43.902 billion, with an EPS of $1.51. A final dividend of $0.25 was declared. Profit contribution from financial sector of the company amounted to $39.5 billion, up 3% yearly. CITIC Construction continued to make inroads securing projects, both domestically and internationally, particularly along the Belt and Road corridor.
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