Bao-sheng International micro-fall 0.94% Morgan Stanley Rose target price of HK $1.22

Bao-Sheng International (03813-HK) slightly fell 0.94%, reported 1.05 Hong Kong dollars, a deal of HK $3.0014 million, the stock is currently winning the big city, the index fell 3.23%. Morgan Stanley raised its rating from a reduction to a hold, while also raising its target price from HK $0.59 to HK $1.22. Morgan Stanley, the prospects for the mainland's retail market improved, in line with the second half of the industry inventory is expected to reduce, the second quarter of the profit can be recorded quarterly growth, the 09 profit from 7 million U.S. dollars to 17 million U.S. dollars, and 10 and 11 earnings forecasts each increase of 40% and 33%.