HUTCHISON (00013.HK) +2.100 (+2.027%) Short selling $67.78M; Ratio 13.815% 's
entering into the formal agreement in regard to the acquisition of the
UK mobile telecom operator O2 is believed to be a positive step for the
company, JP Morgan said in a report. Given that the transaction is still
pending the approval from the regulatory authority (may take at least
one year) and the synergy effect will not be seen immediately, so the
deal will not push up HUTCHISON's share price remarkably in the short
term.
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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