HKEX (00388.HK) -1.700 (-0.935%) Short selling $126.70M; Ratio 12.786% issued a notice to securities brokers that the Exchange will carry out a test for the short selling function under the Shanghai-Honng Kong Stock Connect at the end of this month, and the it tentatively aims to launch the service in February.
CLSA lowers Beijing Ent Water (00371) to HK$6 CLSA cut its target price for Beijing Enterprises Water (BEW)(00371) by 8% to HK$6, and reiterated its "buy" rating. The research house said BEW's share price has dropped 14% in the last two trading days. First, the 2017 earnings results are below expectations. Second, management is guiding for 20-25% net profit growth for 2018, versus 30% in the past few years. Management now has a cautious approach to water PPP (public-private partnership) projects, which is not necessarily bad. CLSA cut its 2018-19 earnings forecasts by...
Comments
Post a Comment