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54886 BP#HSI RC2506B (R BULL)
RT Nominal unchange0.660 0.000 (0.000%)

07/05/2024 14:29

{I-bank focus}HSBC raises CITIC (00267) to HKD9.5

[ET Net News Agency, 7 May 2024] HSBC Global Research raised the target price for CITIC
(00267) to HKD9.5 from HKD7.3 and upgraded the rating to "buy" from "hold".
The research house said it upgrades the rating as it believes the share price has the
potential to catch up and trade at a higher valuation given the recent resurgence in
H-share and CITIC Bank share prices. (rc)

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