HSI1 26,347.91 0.00 --
HSCEI1 8,882.37 0.00 --
Back    Zoom +    Zoom - Block Traded
C&D INTL GROUP Leaps 3%+ for 7th Straight Session; HSBC Research Sees Catch-up Potential
2026-05-12 14:09:19
C&D INTL GROUP (01908.HK) extended its rally to a seventh consecutive trading day. The stock opened 0.57% higher today (12th) and once shot up 4.27% to a peak of HKD18.3. It last printed at HKD18.12, up 3.25%, with turnover of 15.4703 million shares, involving HKD279 million.

HSBC Global Investment Research expressed optimism about C&D INTL GROUP's catch-up potential, believing its share price could catch up under three areas of potential improvement.

Although the company's share price has mounted only 12% year to date, lagging the industry's average gain of 29%, land supply has increased and its land replenishment pace in May and June may accelerate, bolstering sales momentum and improving medium- to long-term growth prospects.

The broker reiterated its Buy rating on C&D INTL GROUP, maintaining its TP at HKD19.9.
~

AASTOCKS Financial News
Website: www.aastocks.com