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M Stanley: CHINA MER PORT(00144.HK) Results Broadly In-line, Kept Equalweight
Morgan Stanley's report indicated that CHINA MER PORT(00144.HK)  -0.080 (-0.460%)    Short selling $32.46M; Ratio 21.515%   's 2017 results were broadly in-line. The recurring net profit went up 19.9% year on year to $5.5 billion, 4.9% higher than its estimates. The payout ratio was 44%, as compared with 42% in 2016.

The broker rated Equalweight on CHINA MER PORT at the target price $23.42.

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