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Construction of the Yangtze River drops 0.18% Goldman Sachs downgraded to 30.7 Hong Kong dollar

Source: Internet
Author: User
Keywords Shares Hong Kong dollar periodicity increase
Tags high index list recovery stock stocks
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The Yangtze River Infrastructure (01038-HK) is now down 0.18%, at HK $27.15, with a turnover of HK $13.9837 million, which is now running out of the big city, with a 1.07% rise in the index.　　Goldman downgraded the stock from buying to neutral, lowering its target price from HK $32.50 to HK $30.70, saying it had risen only 2.2% per cent since Goldman's bid to add the Yangtze infrastructure to the Buy list on January 15, while the MSCI Hong Kong index had seen an increase of 39.2%. The bank reckons that investors are chasing cyclical stocks/high beta stakes in the early stages of a periodic recovery, and that the Yangtze is expected to lose similar shares in the near future.

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