M Stanley issued a report expressing its belief that CICC (03908.HK) +0.080 (+0.404%) Short selling $14.25M; Ratio 6.634% shares have a greater than 80% probability of rising within the next 30 days. The main reason is that the recent pullback in the share price has made its short-term valuation more attractive.The broker believes CICC can continue to gain market share in A-share and H-share IPO underwriting, derivatives business, and fee-based wealth management. The current market environment is supportive, with average daily turnover in both A-shares and H-shares remaining at elevated levels, while IPO activity continues to recover. Potential catalysts include a relaxation of leverage caps for leading brokerages, the formal implementation of detailed regulations for new derivatives, and progress in mergers and acquisitions with small and mid-sized brokerages. (ha/j)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-20 16:25.)Related News G Sachs Expects Hong Kong IPO Fundraising to Reach USD60B This Year
AASTOCKS Financial News