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03958 DFZQ
RTNominal down3.280 -0.030 (-0.906%)
Others

12/01/2018 14:20

[I-bank focus]Credit Suisse starts DFZQ (03958) at HK$9.5

[ET Net News Agency, 12 January 2018] Credit Suisse initiated coverage on Orient
Securities (DFZQ)(03958) with an "outperform" rating and target price of HK$9.5.
It noted that DFZQ's asset management business focuses on active asset management. Its
products have shown outstanding performance tracking record and are very popular among
investors. The strong franchise positions it well to benefit from the growing wealth
management demand.
As its asset management is famous for equity products and it has the largest trading
exposure to directional stock investment per Credit Suisse's estimate, it could be a good
proxy to A-share market rally.
The research house forecast 5% YoY earnings growth and 7% ROE in 2018. (KL)

Remark: Real time quote last updated: 20/09/2024 17:18
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