[ET Net News Agency, 25 April 2022] Credit Suisse lowered its target price for CMSC
(06099) to HK$9.8 from HK$12.1 and downgraded its rating to "neutral" from "outperform".
The research house said it expects earnings outlook to remain challenging in near term,
due to (1) weak investment performance, (2) large revenue exposure to investment/brokerage
business, and (3) high base. (RC)