Morgan Stanley raised CSR (01766.HK) 0.000 (0.000%) 's
2014-2015 earnings forecasts by 11% and 6%, and lifted its target price
from $8.4 to $9.3 to reflect the robust results in the third quarter.
Rating was maintained at Overweight as the broker expected that the
company might benefit from the potential integration of the industry.
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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