Zitong Financial APP learned that UBS released a research report that maintained the "buy" rating of China Merchants Port (00144), the affiliated companies achieved strong results in the first quarter, and expected a strong increase in net profit in the first quarter, lowering the target price from HK $18.80 to HK $18.60.

China Merchants Port remains the bank's first choice in the port industry, and better-than-expected first-half results could be a potential share price catalyst because intra-Asian trade is still tough and fee increases are undervalued by the market, the report said.