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06886 HTSC
RTNominal unchange11.680 0.000 (0.000%)
Research Report

02/09/2019 11:10

{I-bank focus}Credit Suisse raises HTSC (06886) to HK$16.4

[ET Net News Agency, 2 September 2019] Credit Suisse raised its target price for Huatai
Securities (HTSC)(06886) to HK$16.4 from HK$15.5 and maintained its "outperform" rating.
The research house said HTSC's 1H net profit of Rmb4.1bn represents 50% of 2019
Bloomberg consensus forecasts. The earnings growth was primarily driven by a surge in
investment income, brokerage fee income, and recovery in AM fee.
Credit Suisse said HTSC's transformation towards wealth management is making good
progress. It fine-tuned its FY2019/20 EPS forecasts by 0.4%/-3%. (KL)

Remark: Real time quote last updated: 03/04/2020 17:59
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