Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Real-Time Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
06837 HAITONG SEC
RTNominal down6.940 -0.060 (-0.857%)
Others

13/09/2019 10:17

{I-bank focus}Morgan lifts Haitong Sec (06837) to HK$10.05

[ET Net News Agency, 13 September 2019] Morgan Stanley lifted its target price for
Haitong Securities (HTS)(06837) to HK$10.05 from HK$9.97 and maintained its "equal-weight"
rating.
The research house said HTS' strong contribution to consolidated revenue from overseas
business and subsidiaries compared to peers. But it may benefit less than peers from bull
market due to weaker positions in brokerage and asset management relative to its asset
scale.
Morgan said the shares' current valuation at 0.7x 2020 BVPS (book value of equity per
share) is slightly lower than peers under Morgan's coverage, given its relatively weaker
position in the brokerage business, hence, the research house views it as fair. (KL)

Remark: Real time quote last updated: 03/04/2020 17:59
  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 2020 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.