Morgan Stanley lowered its target price for China Merchants Securities (CMSC)(06099) to HK$10.71 from HK$11.63 and maintained its "equal-weight" rating.
The research house noted that CMSC's solid position serving institutional clients with leading prime brokerage platform. The high CSRC rating, which reflects good risk management and internal controls, should continue to benefit CMSC.
Its asset management supported by multiple platforms and group synergies.
全新節目《說說心理話》青少年不可以戀愛!?真實個案講述驚心動魄經歷► 即睇