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RTNominal down17.080 -0.360 (-2.064%)

09/01/2020 17:55

{I-bank focus}DBS starts CITIC Securities (06030) at HK$22.4

[ET Net News Agency, 9 January 2020] DBS Group Research initiated coverage on CITIC
Securities (CITICS)(06030) with a "buy" rating and a target price of HK$22.4.
The research house said CITICS offers diversified services that serve as a balanced
revenue-generating source, ranging from brokerage, investment bank, margin finance,
trading and FICC (fixed income commodity and currency).
CITICS'focus on institutional clients enables it to mitigate the risk of market
volatility, which can be evidenced by the relatively stable ROE (return on equity) ranging
between 8% and 10%. (KL)

Remark: Real time quote last updated: 26/02/2020 17:59
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