Morgan Stanley maintains a "Shareholding" rating for CHINAHONGQIAO, being Bullish on its profit expectations and favorable dividend yield.

Breakings · Mar 17 06:23

Morgan Stanley published a research report indicating that CHINAHONGQIAO's Net income increased by 95% year-on-year to 22.3 billion yuan last year, meeting market expectations. Earnings in the second half of the year rose 47% year-on-year, with a 44% increase compared to the first half. The gross margin expanded to 30%, compared to 24% in the first half. The firm is Bullish on CHINAHONGQIAO's profit expectations and favorable dividend yield, continuing to give it a "Shareholding" rating with a Target Price of HKD 15.4.

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大摩：维持中国宏桥“增持”评级 看好其盈利预期及股息率较佳

Morgan Stanley maintains a "Shareholding" rating for CHINAHONGQIAO, being Bullish on its profit expectations and favorable dividend yield.

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大摩：维持中国宏桥“增持”评级看好其盈利预期及股息率较佳