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| HSI1 | 19,553.61 | +177.08 | 179.30B |
| HSCEI1 | 6,934.70 | +63.32 | 77.11B |
| Back Zoom + Zoom - Block Traded | |
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2024-04-30 14:53:31 Morgan Stanley released a research report believing that CCB (00939.HK)'s share price has a 60-70% probability to rise in the next 30 days. The broker also believed that CCB's commitment to risk control and policymakers' increased focus on long-term yield trends should make state-owned bank to adopt a more defensive dividend strategy. Morgan Stanley kept rating at Overweight on CCB, with an unchanged target price of $6. Morgan Stanley believed that CCB's 1Q24 results were in line with those of other state-owned banks, and that CCB's rational approach to balance sheet expansion in recent quarters may be able to better support profit and control credit risk. ~ AAStocks Financial News Web Site: www.aastocks.com | |