Deutsche Bank said in the research report that the launch date of the Shanghai-HK Stock Connect (SHSC) was earlier than expected. The Bank maintained its 2014 ADT (HK$65 billion) and net profit (HK$5.01 billion) forecasts to incorporate a soft launch situation, with assumption that the market might take time to understand the SHSC mechanism. HKEX (00388.HK) -1.400 (-0.763%) Short selling $98.74M; Ratio 5.777% 's Buy rating was kept with a target price of $199.
BASETROPHY GP (08460.HK) Expects Jan-Aug Results to Swing to Loss BASETROPHY GP (08460.HK) -0.013 (-8.280%) issued a profit warning. The group is expected to record a loss for the eight months ended 31 August 2017 as compared with a net profit for the same period of 2016, mainly due to the decrease in revenue recognised by the group and increase of listing expense
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