Merrill Lynch lowered the A share and H share rating of HAITONG SEC (06837.HK) -0.880 (-6.111%) Short selling $42.08M; Ratio 7.875%
from Neutral to Underperform. The target price of H share was $13, due
to the concern of reduction in commission rates in 2015. In addition,
the share price is commensurate to 1.6x 12-month forward P/E, which was
nearly to historical high, as driven by the launch of SH-HK Connect. The
broker believed that the SH-HK Connect will inject new liquidity to A
share markets, but the driven force on stocks may be limited. Following
the cooling down of SH-HK Connect, the market will shift the focus on
macro economy and risks. The share price for brokers will then undergo
gradual correction.
China VAST Industrial Urban Development Company Limited (06166.HK) - Summary Summary Company Info IPO Info Industry Comp Financial Comp Related News Profit & Loss Cash Flow Balance Sheet China VAST Industrial Urban Development Company Limited IPO Timetable Application Period 2014/08/13 - 2014/08/18 Fixed Date 2014/08/18 Announcement Date 2014/08/22 Refund Date 2014/08/22 Listing Date 2014/08/25 Basic Company Information Listing Market The Stock Exchange of Hong Kong (Main Board) Industry Property Development Background Others Major Business Area The PRC Website http://www.vastiud.com IPO Info Lot Size 1000 O...
Comments
Post a Comment