Taikoo (00019-HK), an integrated enterprise, has been affected by negative news in recent years. Its aviation and maritime shipping business has performed mediocre in the past two years. There are also reports that Cathay Pacific (00293-HK), which is controlled by Taikoo, will announce a restructuring plan this Wednesday. Bank of America Merrill Lynch also looked down on Taikoo's prospects and reiterated that Taikoo “outperforms the market” rating and raised the target price by 3% to 76 yuan.

Bank of America Merrill Lynch also pointed out that when Taikoo bought Coca Cola's business in the mainland, the purchase price was not cheap.