HSBC Global Research raised the target price for CITIC (00267) to HKD9.5 from HKD7.3 and upgraded the rating to "buy" from "hold".
The research house said it upgrades the rating as it believes the share price has the potential to catch up and trade at a higher valuation given the recent resurgence in H-share and CITIC Bank share prices.
WoW WoW星期三:健康網購產品低至$99 (只限今天)► 火速行動