Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
06030 CITIC SEC
RTNominal down12.900 -0.200 (-1.527%)
Others

17/07/2020 11:18

{I-bank focus}Nomura lifts Citic Sec (06030) to HK$23.72

[ET Net News Agency, 17 July 2020] Nomura lifted its target price for CITIC Securities
(CITICS)(06030) to HK$23.72 from HK$17.65 and maintained its "buy" rating.
The research house lifted its FY2020-22 A-shares market ADT (average daily turnover) by
28%/44%/52%. It also increased its FY2020-22 A-shares IPO volume growth to 80%/50%/50%
from 50%/30%/30%.
Nomura said CITICS is a leading broker with balanced business lines, implying that the
company will likely benefit from both market liquidity improvement and capital market
reforms.
Nomura estimated that for every 1% equity index gain could translate into a 3% increase
in FY2020 net profit, and for every 1% increase in equity market ADT could translate into
a 0.25% increase in FY2020 net profit. (KL)

Remark: Real time quote last updated: 28/03/2024 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.