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00388 HKEX
RTNominal up480.800 +6.600 (+1.392%)
Research Report

22/06/2021 16:50

{I-bank focus}Citi lowers HKEX (00388) to HK$490; "neutral"

[ET Net News Agency, 22 June 2021] Citi lowered its target price for HKEX (00388) to
HK$490 from HK$570 and downgraded its rating to "neutral" from "buy".
The research house said it lowers its 2021E-23E earnings by 2-7% as it incorporates the
latest turnover trends and lower investment income. It also removes the bull case scenario
from its valuation to reflect normalized market sentiment. (RC)

Remark: Real time quote last updated: 21/01/2022 17:59
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