[ET Net News Agency, 22 June 2021] Morgan Stanley lowered its target price for CMSC
(06099) to HK$13.11 from HK$14.64 and maintained its "overweight" rating.
The research house said it increases its 2021-23 operating expense estimates by
10%/13%/14%, respectively, and its provisions estimates by 6%/6%/8% to align them with the
1Q21 trend. (RC)