Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>HSBC Research Adds CTF SERVICES (00659.HK) TP to $10.1 on Higher Chances of Re-inclusion into Stock Connect
Recommend 7 Positive 13 Negative 3 |
||||
|
||||
|
HSBC Global Research published a research report saying that the recent rise in the share price of CTF SERVICES (00659.HK) has been driven by several positive factors, and believing that there is still further re-rating room, supported by stable earnings growth, an attractive dividend yield of approx. 7%, the Company's gradual dividend policy and reduced market concerns about its parent company, etc.. Moreover, CTF SERVICES is expected to see significant liquidity improvement in 2H25, enhancing the possibility of re-inclusion into Stock Connect in March 2026, which will stimulate additional demand from southbound investors for stable yield opportunities. Therefore, the broker added its target price for CTF SERVICES from $9.6 to $10.1, with rating kept at Buy. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
