HSBC Global Research raised the target price for CITIC (00267) to HKD9.5 from HKD7.3 and upgraded the rating to "buy" from "hold".
The research house said it upgrades the rating as it believes the share price has the potential to catch up and trade at a higher valuation given the recent resurgence in H-share and CITIC Bank share prices.
【你點睇】政府宣布垃圾徵費暫緩,未來將繼續推廣回收及減廢,你認為幾時先係垃圾徵費嘅時機?► 立即投票