According to a report released by Morgan Stanley, as capital continues to flow into Hong Kong, the comprehensive interest rate provided by banks in Hong Kong continues to fall. Dah Sing Finance is one of the biggest beneficiaries of this move. The company's net interest spread began to expand in the first half of last year. It is expected that the company's net interest spread will expand further in the second half of last year and this year, mainly driven by lower capital costs. Daxin Finance's target price was raised by 14.3% to 48 yuan from 42 yuan, maintaining the “increased holdings” rating. Daxin Financial Co., Ltd. pointed out that Daxin Financial Co., Ltd. has performed well since January last year. The stock price is 0.7 times the predicted market account ratio for 2013, making the valuation attractive. Due to the constraints on the company's capital base, the high level of liquidity in Hong Kong is beneficial to Dah Sing Financial, which can drive the company's net interest spread and return on equity. Therefore, if the market account ratio is 0.8 times and the return on equity is 8%, its rating will be revalued.