For the first time, HSBC Securities included Sunshine Oil Sands (2012.HK) in the study to increase its holdings rating, with a target of HK$4.5. Hopes of a dual listing will continue to provide speculation; the stock has obtained conditional approval to list its common stock on the Toronto Stock Exchange; it will still maintain its Hong Kong listing status.
Its current price is still 28% less than the market price. HSBC pointed out that as an oil sands company in the early stages of investment, asset valuation was not easy, but after the stock price fell 40%, it already had good investment value.