Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
01776 GF SEC
RTNominal up7.430 +0.500 (+7.215%)
Others

17/09/2018 09:31

[I-bank focus]Citi lowers GF Securities (01776) to HK$11.43

[ET Net News Agency, 17 September 2018] Citi Research lowered its target price for GF
Securities (GFS)(01776) to HK$11.43 from HK$20.5, and maintained its "buy" rating.
The research house said GFS's 1H NPAT of RMB3bn accounts for 41% of FY2018 consensus
forecast. NPAT in 2Q was down by 35.8% y-y, dragged by higher CIR and partly offsetting by
better tax rate.
Citi revised down its FY2018/19 earnings forecasts for GFS by 36%/ 29.2%. It believes
that GFS, as the largest non-state controlled broker, differentiates itself from peers
with a leading SME-focused investment bank, market-leading wealth/asset management
business and market-oriented business mechanism. The ongoing China Financial Reform, rapid
growth of SMEs would benefit GFS (KL)

Back to Others

Remark: Real time quote last updated: 24/09/2024 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 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.