Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
03908 CICC
RTNominal down8.520 -0.080 (-0.930%)
Others

11/09/2019 17:31

{I-bank focus}Morgan Stanley starts CICC (03908) at HK$18.54

[ET Net News Agency, 11 September 2019] Morgan Stanley on China International Capital
Corp (CICC)(03908) with an "overweight" rating and target price of HK$18.54.
The research house expects CICC's wealth and asset management business to see further
upside from (1) a larger retail customer base with CISC consolidation, (2) cleanup of
channel business and implicit guarantees under new asset management rules, and (3) ongoing
fast growth in household financial assets.
Morgan estimated its wealth management business's revenue contribution could increase
from 8% in 2018 to 15% in 2023, while its investment management revenue contribution could
rise from 10% in 2018 to 15% in 2023. (KL)

Back to Others

Remark: Real time quote last updated: 19/04/2024 18:00
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2024 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.