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.
etnet榮獲第六屆國際信息商會議「最佳信息商」白金獎► 了解詳情