Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Real-Time Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
01776 GF SEC
RTNominal up8.820 +0.190 (+2.202%)

10/10/2019 15:04

{I-bank focus}HSBC cuts GF Securities (01776) to HK$11.2

[ET Net News Agency, 10 October 2019] HSBC Global Research lowered its target price for
GF Securities (GFS)(01776) to HK$11.2 from HK$12 and maintained its "buy" rating.
The research house said GFS' net profit grew by 45% in 1H on the back of a strong
recovery in investment income, despite RMB395m contingent liabilities being further
charged on the liquidated overseas fund (Pandion). HSBC believes GFS still has a strong
franchise in both investment banking and asset management, as well as a solid wealth
management business.
However, the 6-month restriction on new businesses and regulatory rating downgrade to
"BBB" imposed by CSRC could add uncertainties about earnings stability, HSBC noted. (KL)

Remark: Real time quote last updated: 07/04/2020 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.